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 home insurance broker located in Halifax, Nova Scotia, talks about an interesting idea put forth regarding homeowners’ oil tanks. Sorry about the dramatic headline, but it seemed rather appropriate for this week’s post. The annual general meeting of the Insurance Brokers Association of B.C. was on May 9 and the president of [...]

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 located in Halifax, Nova Scotia, which provides home and tenant insurance talks about some unusual home security tips. Recently, I received an email titled “13 things your burglar won’t tell you.” It was a forwarded email that gets passed around from friend to friend, colleague to colleague, etc. The source appears [...]

OTC Insurance, an insurance broker providing property insurance in Nova Scotia talks about the implications severe weather has on insurance In a recent presentation in Saint John, the head of the Insurance Bureau of Canada talked about the effect severe weather is having. While he was talking specifically about what was happening in New Brunswick, he [...]

OTC Insurance, an insurance broker providing service to clients across Nova Scotia, discusses the importance of keeping your broker in the loop about home renovations When people are doing home renovations, it’s probably not top of mind for them to contact their insurance broker, but it should be, and there are a few reasons why. [...]

OTC Insurance tells you how new legislation by the province of Nova Scotia is hoping to deter the theft of copper and what this means for commercial and homeowner policyholders Last week, the province of Nova Scotia introduced legislation that didn’t receive a lot of attention in the news. The legislation is designed to deter criminals [...]

Almost six months ago, the Town of Slave Lake was hit by a massive wildfire that evacuated 7,000 residents and eventually destroyed roughly 400 structures. The fire struck a 4,700-hectare area. The wildfire was the second most costly from an insurance standpoint in Canadian history. The damage has been pegged at $700 million, which is [...]