Posted: Dec 24, 2020 5:00 AM CT | Last Updated: December 24, 2020
Once more of Manitoba Public Insurance s services move online, expect insurance brokers to continue to be involved in every transaction.(Jaison Empson/CBC)
Gore Mutual donates $95,000 to help Canadian charities keep communities Healthy for the Holidays
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CAMBRIDGE, ON, Dec. 21, 2020 /CNW/ - The holidays are a time for giving and Gore Mutual Insurance Company is reflecting the spirit of the season by donating $95,000 to support Canadian charities helping communities in need through its Gore Mutual Foundation.
The funds are being granted as part of Gore Mutual s Healthy for the Holidays campaign. The holiday season is a particularly difficult time for millions of Canadians who cannot afford a basic standard of living or suffer from depression and other wellness-related risks.
The Insurance Regulatory Authority (IRA) has decreed that effective January 2021, all cars seeking comprehensive insurance must have a pre-installed tracking systems.
The directive, IRA said, follows an increase in car thefts that has seen insurer record a sharp increase in motor vehicle-related claims.
“… the Authority [IRA] hereby directs all non-life insurers to ensure that with effect from January 1, 2021, all motor comprehensive policies renewed [or] issued must be for motor vehicles which are fitted with anti-theft car tracking systems [or] gadgets.
The cost of installation of the car tracking systems is to be borne by the policyholder,” a notice signed by Ibrahim Lubega Kaddunabbi, the IRA chief executive officer, reads in part.