Legal / Regulation
OSFI is seeking input from federally regulated financial institutions on how they're adopting artificial intelligence into their operations.
By Jason Contant | January 5, 2024
2 min read
HR
Employees deem leaders who psychologically detach from work when they aren’t in the workplace as more powerful and engaged in the office.
By David Gambrill | January 5, 2024
3 min read
Operations
Alberta brokerage Drayden Insurance has announced the acquisition of Darson Insurance Services in Stony Plain, Alta.
By Jason Contant | January 3, 2024
Broker commissions in Canada’s property and casualty insurance industry were down by approximately 5% to 7% in personal lines last year,
By David Gambrill | January 3, 2024
An Alberta car dealership selling equipment warranties but not submitting the premiums to the insurer has been fined $85,000.
By David Gambrill | January 2, 2024
With the news of two new brokerage deals—one in Alberta and one in Ontario—BrokerLink announced it has completed 20 acquisitions in 2023.
By Alyssa DiSabatino | January 2, 2024
The ongoing impact of inflation, increasing climate change risk, and reinsurance pressure will support price increases.
By Phil | December 27, 2023
The consumer has somehow become lost in the shuffle, so 2024 must be dedicated to educating the public about the true value of insurance
By Phil | December 26, 2023
The distribution landscape is evolving quickly; for smaller brokerages, the fear is very real. The road ahead will be fraught with challenges
The biggest challenge our industry will face in 2024 is rising claim costs that could outpace the rate increases we have been obtaining
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