Legal / Regulation

Opportunity or Obligation?

Doing the bare minimum to comply with IFRS 17 may save you money in the short term, but there’s a bigger opportunity to transform your company digitally

January 9, 2018

2 min read

Industry encouraged to offer discount for using cellphone blockers

Vehicle owners who install smart phone-blocking apps should get a break on insurance rates, some industry groups contend. British Columbia’s government-owned auto insurer says it will roll out telematics devices designed to block drivers from using their wireless phones on a trial basis this coming January. With usage-based insurance, some carriers already provide discounts to […]

By Greg Meckbach | December 11, 2017

3 min read

Province’s ridesharing law requires minimum policy limit

Saskatchewan has introduced legislation allowing for ridesharing services to operate in the province, with an interesting insurance twist. The Vehicles for Hire Act requires the ridesharing company to file written evidence of a motor vehicle liability insurance policy with a minimum limit of $1 million, Saskatchewan Government Insurance (SGI) reported. The company must also insure […]

By Canadian Underwriter | December 1, 2017

2 min read

HR

Working from home? Careful with your client information

Brokers need to be mindful of how they protect their clients’ information in the digital age, particularly when they transfer information to and from their office to work remotely from home. “We recognize that the digital era is upon us, but along with that, none of the rules have changed with respect to protecting clients’ […]

By Jason Contant | December 1, 2017

2 min read