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
When deciding whether to attend industry events in-person, 55% of Canada’s P&C professionals are wary of COVID; 28% are ready to move on.
By David Gambrill | August 2, 2022
4 min read
Canada’s risk professionals appear conflicted about attending in-person industry events again during the COVID era, a CU survey suggests.
By David Gambrill | July 29, 2022
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