Legal / Regulation
Whatever auto reforms come of the Alberta Government’s push to lower auto premiums in the province, one thing is for sure — they’re acting fast. The industry can expect to see changes to the Insurance Act as early as fall 2024 — with even more on the way — two Alberta regulators said during […]
By Alyssa DiSabatino | May 10, 2024
2 min read
As government hashes out its auto insurance reform options, Alberta brokers have to diversify their lines of business.
By Alyssa DiSabatino | May 9, 2024
3 min read
Operations
Navacord has doubled the size of its travel insurance portfolio with the recent acquisition of SécuriGlobe assurance voyage.
By David Gambrill | May 8, 2024
Editor’s Note: This story has been updated to include comments from Insurance Brokers Association of Alberta. Canada’s national insurer association has expressed deep concern about an Alberta government-commissioned Oliver Wyman report, which touts public auto insurance as the reform option leading to the lowest premiums for Albertans. One expert says the Oliver Wyman […]
By Alyssa DiSabatino | May 1, 2024
5 min read
Following M&A activity, make sure your brokers have the proper licenses to serve the out-of-province insurance needs of any new clients.
By David Gambrill | May 1, 2024
Dario Battista is the Insurance Brokers Association of Ontario's (IBAO) new president for the 2024/2025 term.
By Alyssa DiSabatino | April 30, 2024
HR
Early iterations of VR learning are already being used to help onboard new recruits into the P&C insurance industry, experts say.
By David Gambrill | April 25, 2024
Ches Special Risk has launched Canada’s first Shariah compliant insurance product under the name Ethical Insurance.
By Alyssa DiSabatino | April 25, 2024
Insurers and governments need to work closer together to better educate consumers on why auto insurers use territorial ratings, claims experts say. In addition, governments need to invest in better supports and infrastructure so vulnerable communities aren’t disproportionately impacted by territorial ratings, panellists said during a discussion at the Ontario Insurance Adjusters Association 2024 Claims Conference. […]
By Alyssa DiSabatino | April 23, 2024
Ontario brokers say customers aren't ringing their phones to decline property damage (DCPD) coverage on their auto policies.
By Phil Porado | April 18, 2024
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