Legal / Regulation
A B.C. broker has been suspended for one year for misrepresenting the principal driver of her personal vehicle on several ICBC policies.
By David Gambrill | August 18, 2022
3 min read
HR
Insurance brokerages are not reaching women clients as effectively as men and may need to reconsider their staff makeup to compensate.
By Phil | August 18, 2022
2 min read
Operations
As some things that influence inflation begin to ease, will insurers in Canada make adjustments to policy costs and premiums?
By Phil | August 16, 2022
Although many in the industry understand the value of diversity, equity and inclusion (DEI), companies that aren’t sold on the value proposition may nevertheless benefit from viewing DEI as risk management, suggests The Canadian Association of Black Insurance Professionals (CABIP). “We’re in the insurance and risk management [industry] and if you’re not taking a risk […]
By Alyssa DiSabatino | August 11, 2022
Navacord Corp. has completed its 20th and largest M&A deal of the year following its partnership with Insurance Store, effective Aug. 1, 2022. Headquartered in Windsor, Insurance Store has five offices across Ontario in Barrie, Collingwood, Chatham, and Woodstock, and also services customers in British Columbia. The brokerage was founded in 1945 and offers […]
By Alyssa DiSabatino | August 10, 2022
1 min read
The Ontario government re-introduced its 2022 budget and, while there were no changes from an auto insurance perspective, creating choice for consumers will be among the industry’s main concerns, the Insurance Bureau of Canada (IBC) told Canadian Underwriter. The budget document reaffirms the government’s commitment to creating more choice for consumers, cracking down on auto […]
Almost 40% of small business owners say they don’t have a business insurance policy, and another 25% say they don’t think they need it, finds a recent survey of 222 small business owners and self-employed professionals in Canada. The survey also asked respondents if they have a business insurance policy and how often they […]
By Alyssa DiSabatino | August 9, 2022
Westland Insurance Group yesterday acquired one of Ontario's largest employee benefits consulting groups, The Winch Group.
By David Gambrill | August 4, 2022
A year after RSA Insurance Group plc was acquired by Intact Financial Corporation, nearly all personal lines broker policies, and commercial lines small business and fleet policies in Canada, have been converted to Intact systems, the insurer reported. “I’m pleased to see that the integration is very much on track in Canada. Policy conversion in […]
By Alyssa DiSabatino | July 29, 2022
Heather Masterson is the new chairwoman of the Insurance Bureau of Canada (IBC) having been elected by the board of directors, the association announced Thursday. She brings a quarter century of industry experience, market and broker expertise, and executive leadership to the role, IBC said in a press release. “As the voice of Canada’s property […]
By Phil | July 29, 2022
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.
