OTC Insurance, a Nova Scotia home, auto, marine and commercial insurance broker talks about a drug-related insurance lawsuit It’s a story that could almost be included as a plot in a Cheech & Chong movie. At the very least, it’s one of those crazy insurance claim stories. An insurance company, Nationwide Mutual Fire Insurance of Columbus, Ohio, [...]

OTC Insurance, a Nova Scotia-based broker for home, auto and marine insurance talks about a proposed bylaw in B.C. that has serious ramifications for providers of marine insurance. It’s a bylaw that would mean big business for marine insurance providers. The mayor of Vancouver, Gregor Robertson, has put forward a proposal that companies who ship [...]

OTC Insurance, a Nova Scotia insurance broker providing home, auto and commercial insurance, talks about recent predictions for the upcoming 2012 Atlantic hurricane season. Picking up on our last post where we talked about preparing for severe weather occurrences, the timing couldn’t be better for some predictions that recently came out. The Tropical Metorological Project [...]

OTC Insurance, a Dartmouth, Nova Scotia-based insurance broker who provides home, auto and commercial insurance to its clients in Halifax, Dartmouth and across Nova Scotia talks about preparing for severe weather occurrences. As part of its efforts to highlight the fact Earth Month is taking in April, the Insurance Bureau of Canada (IBC) is drawing attention [...]

OTC Insurance, an insurance broker providing auto insurance in Nova Scotia, talks about some recent recommendations made in New Brunswick to establish a public auto insurance system there With the provincial budget in the red, the New Brunswick Union of Public and Private employees recently put out some suggestions for how the province could improve [...]

OTC Insurance, an insurance broker in Nova Scotia, talks about how social media is helping to identify fraudulent claims Social media has had a profound effect on people’s lives. One way it is affecting the world of insurance has to do with claims, more specifically, fraudulent claims. There have been numerous instances where people have been [...]

OTC Insurance, an insurance broker located in Halifax provides a run down of some of the top five frauds reported by Manitoba Public Insurance. Every year, Manitoba Public Insurance (MPI), the non-profit crown corporation which provides basic auto insurance in Manitoba, releases a list of the top five frauds of the year. Here’s a look [...]

OTC Insurance, an insurance broker offering home, auto and commercial insurance in Halifax and Nova Scotia talks about the increased use of telematics and how it will affect people’s auto insurance policies. Simply put, telematics is a 21st century approach to pricing auto insurance which involves using technology to more accurately assess someone’s risk level. This [...]

OTC Insurance, an insurance broker serving the needs of Nova Scotians talks about recent data which has found the number of fatal vehicle crashes involving a drinking driver are on the decline Drunk driving continues to be a problem across Canada. In fact, for the past 15 years, alcohol has been a factor in about 26 [...]

OTC Insurance, an insurance broker located in Dartmouth, Nova Scotia, discusses data which looks at the top 10 most stolen vehicles in Atlantic Canada In our last post, we looked at an annual list put out by the Insurance Bureau of Canada (IBC) which looks at the top 10 most stolen vehicles in Canada. Because of the way [...]