Risk

Why insurers and brokers like Ontario’s budget

Facing the distinct possibility of a political regime change in Ontario, the province’s auto insurers and brokers are calling on all of the province’s political parties to keep their eyes focused on auto insurance reform as the way to deliver low rates to consumers. For Insurance Bureau of Canada (IBC), representing Canada’s home, auto and […]

By David Gambrill | March 29, 2018

3 min read

Why risk managers need to watch NAFTA

With Canadian companies facing the prospect of new tariffs for exports to the United States, the uncertainty over the North American Free Trade Agreement should be “front and centre” for risk managers, a KPMG expert told Canadian Underwriter Thursday. “You hear a lot of discussion in the media about the potential for the United States […]

By Greg Meckbach | March 26, 2018

2 min read

Traction on climate file encourages chief executives of IBC, Intact

Canada’s property and casualty industry has been sounding the alarm for many years about risks associated with climate change, and stakeholders are finally starting to answer the call. Don Forgeron, president and CEO of Insurance Bureau of Canada (IBC), and Louis Gagnon, president of Canadian operations at Intact Insurance, both told Canadian Underwriter in a conference […]

By David Gambrill | March 17, 2018

3 min read

2013 Alberta flood victims “not even aware” of risk: ICLR speaker

Calgary’s flooding in 2013 may have left an indelible impression on the insurers that underwrote the risk, but not so much for Calgary residents. “There’s an education piece that is missing” for homeowners, Tim Haney, a sociology professor at Mount Royal University in Calgary, wrote last week in an e-mail to Canadian Underwriter. Haney was […]

By Greg Meckbach | March 16, 2018

2 min read