ILScorp BlogThe latest and greatest info from ILScorp!
Important message about potential Canada Post work stoppage
At ILScorp we are committed to providing you with the best customer experience - and that begins with keeping you informed. Canada Post is currently in negotiations with its union, which may result in a nationwide labour disruption in the next few days. This may...
Transportation Network SPF 9 learn more with ILScorp’s new course
The Alberta Auto essentials course includes the new form – SPF 9 – Transportation Network, which became effective July 1, 2016. What exactly is the new SPF 9 form – Transportation Network all about? Here are some SPF 9 policy definitions taken from the Alberta Auto Essentials Course: (a) “transportation network” means any online enabled application, digital platform, software, website, or any other system offered, used or operated by a transportation network company and that is used by persons to prearrange the transportation of passenger(s) for compensation in a transportation network automobile.
SPF 9 Transportation Network – Alberta Auto
ILScorp launches new Alberta Auto Essentials course to include the Alberta Standard Automobile Insurance Policy Form – TRANSPORTATION NETWORK SPF No 9. The Alberta Auto Essentials Course has just been added to all ILS General and Adjuster CE Course Subscribers. This brand new course is accredited for 4 CE credits in Alberta and takes you step by step through the major policy forms and applications for automobile insurance in the province of Alberta
CAIB 2 – Quick Definitions (part 1)
Study, learn and master your CAIB 2 Definitions. The CAIB 2 Final Exam passing mark is 60% and the exam has 12 Key Terms – Each CAIB level has a large number of key terms so you are encouraged to learn as many of these definitions as possible – 12 marks can be a substantial part of the exam marks needed to help you pass!
Postal Strike – Payment via ICS or credit card
We advise our brokerages that LScorp is on the ICS Courier route. ICS is Canada’s Business-to-Business Courier, more information about ICS can be found here. All business payments can be forwarded via ICS or can be made by calling ILScorp and paying via credit card at 1.800.404.2211.
Time is running out for the June 30 CE Deadline
The June 30 CE Credit Deadline is here! Don’t panic just yet. ILScorp has REAL PEOPLE standing by to help you meet your requirements. Chat with us live here on our website. Email us: firstname.lastname@example.org or call us 1-800-404-2211 and get your CE done today! Get online and get to work! CE with ILScorp is Fast, Easy and DONE!
New CE course for Alberta Insurance Brokers and Adjusters
This new course, Wawanesa Habitation Wording Update, is included as part of your ILS General CE and/or Adjuster CE Course Subscription and qualifies for 1 continuing education hour of credit. Alberta Insurance Adjusters and Alberta Insurance Brokers: AIC# 42949. The Wawanesa Habitation policy wordings are reviewed on a regular basis to ensure that the wordings are clear and consistent with Wawanesa’s underwriting and claims intent. In many instances, the Insurance Bureau of Canada (IBC) Advisory wordings were adopted. The wordings consist of two sections: Section I – Property Coverage and Section II – Liability Coverage. This wording booklet is also applicable to the habitational portion of Farm risks and is contained verbatim in ‘Your Farm Insurance Policy’
Insurance reporting to Fire Commissioner’s office re: Fort Mac Fires
Recognizing the burden the normal reporting system (Form 1242) would place on insurers and adjusters, the Office of the Fire Commissioner (OFC) has developed an abbreviated insurance loss system to capture fire loss data associated with the Fort McMurray fires. The OFC has developed a mapping solution that will allow companies to add the total fire loss and the loss payable by insurers. No other information will be required. What investigators collected in the mapping tool are direct fire losses. We created a simplified form so that adjusters can go in afterward and enter the claim amount, payout and totals. Look up the claimant’s address and you can edit each investigation to complete the loss report.
How many continuing education credits do I need to renew my insurance license?
QUESTION: As a Manitoba Adjuster, if I have completed a CE course in the past, but have taken it again this year, can I claim this towards my CE requirement?
ANSWER: Entry of CE for the same course more than once may be permitted on an exception basis only. If an agent wishes to claim credit for a course more than once, the agent must contact Council for prior approval and
provide written reasons. This review is subject to the individual course review fee of $50.