Legal / Regulation
Ontario’s financial services regulator is consulting on new guidance related to auto insurance rating and underwriting regulation.
By Jason Contant | September 23, 2024
3 min read
Despite Canada-wide disruption from shuttered rail lines, the rail lockout will have no direct impact on the P&C insurance industry.
By Jason Contant | August 23, 2024
Canada’s solvency regulator, OSFI, released the final version of its Guideline E-21: Operational Risk Management and Resilience today.
By David Gambrill | August 22, 2024
Insurers face increased pressure to keep up with a myriad of regulations, guidelines and evolving industry standards. Enter, Gen AI.
By Alyssa DiSabatino | July 30, 2024
4 min read
A former broker must wait one year before he can re-apply for his licence, after he admitted to cheating on his broker licensing exam.
By David Gambrill | June 25, 2024
2 min read
Two years into Alberta’s new direct compensation for property damage (DCPD) regime, regulators are still clearing up misunderstandings about when and how coverage gets triggered, regulators said at the Insurance Brokers Association of Alberta Convention 2024 in Banff last week. But in the middle of the discussion with the regulators about DCPD, the brokers in […]
By Alyssa DiSabatino | May 14, 2024
Whatever auto reforms come of the Alberta Government’s push to lower auto premiums in the province, one thing is for sure — they’re acting fast. The industry can expect to see changes to the Insurance Act as early as fall 2024 — with even more on the way — two Alberta regulators said during […]
By Alyssa DiSabatino | May 10, 2024
As government hashes out its auto insurance reform options, Alberta brokers have to diversify their lines of business.
By Alyssa DiSabatino | May 9, 2024
Following M&A activity, make sure your brokers have the proper licenses to serve the out-of-province insurance needs of any new clients.
By David Gambrill | May 1, 2024
Alberta Insurance Council (AIC) has announced Amina Deiab as its new chief executive officer, effective April 22. Deiab is AIC’s second permanent CEO since the provincial licensing and regulation body for insurance brokers and adjusters launched 35 years ago. She will succeed Darlene Hyde, who held the interim CEO position since Aug. 2023, following […]
By Alyssa DiSabatino | April 16, 2024
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
