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, an insurance broker located in Halifax, Nova Scotia, talks about how technology will be used to improve risk and damage assessment in the insurance industry. On the OTC Insurance blog, we’ve talked frequently about the effects severe weather occurrences are having on the insurance market. It seems like every week, a new report or [...]

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, a commercial insurance broker in Nova Scotia talks about some of the insurance issues the 2011 floods in Thailand will present In today’s global economy, outsourced manufacturing is a big part of that. Countries like China and Thailand are both well known for the outsourced manufacturing that takes place inside those countries. In [...]

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 offering personal, commercial and life/group insurance in Halifax, Nova Scotia, shares some insurance data According to an article on the website of Canadian Insurance Top Broker, the year 2011 was shaping up to be the second costliest year for the insurance industry on record. Using preliminary estimates from Swiss Re, [...]