Ontario’s broker association is glad to see auto insurance as well as enhancing Ontario’s emergency response remains on the provincial government’s agenda. In its 2023 Ontario Budget, the government said it will “continue to make progress on previous commitments, including cracking down on fraud and abuse and considering options to provide more choice, reduce disputes […]
By Jason Contant | March 24, 2023
3 min read
McDougall Insurance Brokers announced Christian Hutchison has been appointed as president, effective immediately. He succeeds Don Stanton, who served as president for eight years. “These changes help to position McDougall Insurance for growth and continual improvement, and prepare us to become one of the largest insurance brokerages in Canada,” the company said in a […]
By Alyssa DiSabatino | March 24, 2023
1 min read
Editor’s note: This article has been updated to include a statement from the Insurance Bureau of Canada. Ontario’s insurance regulator has passed OPCF 49, which gives consumers the choice to opt out of Direct Compensation-Property Damage (DCPD) coverage on auto policies. But the change may not save consumers as much money as they think […]
By Alyssa DiSabatino | March 23, 2023
4 min read
Facility Association (FA) is implementing a telematics program in Alberta that will collect geographic information on its participants to help ensure their premiums accurately reflect their risk. The programs allows FA the side-benefit of seeing who’s misrepresenting where they’re headquartered in order to get cheaper rates back into the standard market. The program’s objective is […]
By Alyssa DiSabatino | March 22, 2023
3 min read
Before the pandemic, brokers started work on a breakthrough application programming interface (API) tech solution, designed to improve communication between a broker BMS and insurance companies’ back-end systems. Where do we stand on this project to date? It’s been a tough slog, and yet participants in the project are optimistic that brokers will soon experience […]
By Phil | March 17, 2023
4 min read
Hub International named two new senior executives to its Canadian operations this month. Diane Stone has been appointed as education specialty practice leader in Canada. The appointment reflects Hub’s strategic investments in insurance, benefits and retirement, risk management, and private client needs, the commercial brokerage said in a press release. Stone joined Hub […]
By Alyssa DiSabatino | March 16, 2023
2 min read
Direct writer TD Insurance has launched TD Insurance for Business, which will offer commercial property, commercial auto for business vehicles and commercial general liability coverage to Canadian small businesses. Coverage will initially be available in Ontario, followed by other provinces, according to a press release. “At launch [we’re] targeting micro and small businesses in lower-risk segments,” […]
By Phil | March 15, 2023
2 min read
Working on application programming interfaces (API), the industry’s leading-edge technology for broker-carrier connectivity, is a lot like doing a home renovation project, said Michael Loeters, ProLink’s senior vice president of commercial insurance and risk management. “You think it’s going to be two hours and one trip to Home Depot. And then, once you start getting […]
By Phil | March 14, 2023
2 min read
Linda Dolan, President, Insurance Brokers Association of Canada After being offered a part-time job at the Port Alberni Shipping Company Ltd. by one of the owners, Linda Dolan was later charged with running the company’s insurance department. She started taking her Canadian Accredited Insurance Broker (CAIB) courses shortly after. Then in 1997, she purchased the […]
By Alyssa DiSabatino | March 14, 2023
3 min read
Hub International Limited has acquired two western Canadian crop hail insurance companies within a two-week period. Hub announced on Mar. 4 it had acquired Leduc, Alta.-based AG Direct Hail Insurance Ltd. It acquired Regina-based Canadian Hail Agencies Inc. on Feb 23. Both companies will join Hub Prairies. AG Direct Hail Insurance is a managing general […]
By Jason Contant | March 13, 2023
2 min read