Industry
The takeover by Intact Financial Corp. of The Guarantee Company of North America is now complete, Toronto-based Intact announced Monday. “We can now welcome The Guarantee and Frank Cowan employees into the Intact family,” Intact CEO Charles Brindamour said in a release announcing the deal has received all regulatory approvals. Frank Cowan Company Limited is […]
By Greg Meckbach | December 3, 2019
2 min read
VANCOUVER – Amid a reckoning in the NHL and mounting allegations of abuse and harassment in university sports, athletes are renewing a call for an independent body to probe complaints and oversee a universal code of conduct. Former Olympic skier Allison Forsyth says if such an organization had existed in the late 1990s, it likely […]
By Jason Contant | November 29, 2019
5 min read
There’s a good chance you’ll be tempted to put work aside and look for deals with Black Friday sales online. If you’re using your work device, your employer will likely look the other way. But that doesn’t mean they don’t have concerns about you shopping while on the clock. Nearly 40% of Canadian employees told […]
By Adam Malik | November 28, 2019
Young insurance professionals are being put in senior positions despite not having enough experience and it risks putting the industry in a perilous position, warns one veteran award-winning broker. Complicating matters further, she says, the industry across the board has to do a better job of offering opportunities for young insurance professionals to educate themselves. […]
3 min read
Ontario’s Licence Appeal Tribunal (LAT) has ruled in favour of The Co-operators after completely dismissing an occupational therapist’s report that disparaged the insurer and provided opinions outside the scope of medical practice. An auto accident claimant – identified only as B.S. in the decision – was seeking entitlement to about $24,000 in recommended treatment plans, […]
By Jason Contant | November 27, 2019
Kent Rowe has taken over from Chris Floyd as president of the Insurance Brokers Association of Canada
November 25, 2019
Promutuel Insurance has announced the appointment of Geneviève Fortier as chief executive officer, effective Dec. 16. Fortier succeeds Normand Morin, who has served as interim CEO since April 2019. She has held key senior executive positions in the industry including, most recently, senior vice president of sales and distribution at SSQ Insurance. The board of […]
By Jason Contant | November 25, 2019
Lisa Duval is the new attorney in fact and chief agent for Lloyd’s Canada, the nation’s fourth-largest property and casualty insurer when measured by premiums. Sean Murphy was chief agent in Canada from September, 2012 until last month. “Taking a knee on the sidelines to catch my breath and focus attention on my children,” Murphy […]
By Greg Meckbach | November 22, 2019
Canadians are getting the message when it comes to the importance of driving with winter tires, a new study has found. But Insurance Bureau of Canada warned that more than just strapping them to your car is enough to ensure safer roads. Nearly seven in 10 (69%) Canadian drivers outside of Quebec are now riding […]
By Adam Malik | November 21, 2019
Perhaps the biggest trend one property claims expert has seen in recent years throughout the insurance industry is the focus on enhancing the customer experience. And using technology is going to be what can help one company differentiate itself from the rest. No one working in insurance can even contemplate not putting the customer at […]
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