Canadian Underwriter

Topic
Associations

News AssociationsInsuranceProfessional Development

Insurance Brokers Association of Canada appoints former MP Peter Braid as new CEO

February 13, 2017 by Canadian Underwriter

The Insurance Brokers Association of Canada (IBAC) has announced the appointment of its new CEO, Peter Braid, effective Feb. 27. IBAC chairperson Lorne Perry announced the appointment in a press release on Feb. 10. Braid is a former Member of

News AssociationsInsuranceLegalPersonal Lines

Denying catastrophic impairment status to Ontario auto claimant is not denying benefit: OIAA speaker

February 8, 2017 Greg Meckbach, Associate Editor

When an Ontario auto insurer notifies a claimant that he or she has not sustained a catastrophic impairment, that does not constitute the denial of a benefit for the purposes of the two-year limitation on filing a lawsuit, a lawyer

Feature AssociationsInsurance

Master Builder

February 3, 2017 Angela Stelmakowich, Editor

Laura Van Vliet, recipient of the CIP Society’s 2016 Emerging Leader Award, understands how effort, heart and education can build a career.

News AssociationsInsuranceLegalLegislation / Regulation

Legalization of marijuana calls for ‘more thorough’ risk assessment from brokers: OIAA speaker

January 31, 2017 Greg Meckbach, Associate Editor

The legalization of marijuana for medicinal purposes is “creating a challenge” for claims adjusters and brokers alike, with a need for customized insurance policies for producers and for updating lease agreements, a speaker suggested at a conference Tuesday. “Possession of

News AssociationsCommercial LinesInsurancePersonal Lines

Ontario Trucking Association to investigate roadside towing charges of heavy-duty recovery companies

January 27, 2017 by Canadian Underwriter

The passing of the Fighting Fraud and Reducing Automobile Insurance Rates Act, 2014 has fuelled plans by the Ontario Trucking Association to investigate if roadside towing charges by heavy-duty recovery firms reflect the rates officially advertised on their websites. OTA

News AssociationsCatastrophesInsurancePersonal Lines

First nine months of 2016 ‘disappointing’ for Canadian P&C industry: Intact president

January 25, 2017 Greg Meckbach, Associate Editor

Brokers should expect personal automobile insurance to be “much more difficult” for their carriers, while a new definition of catastrophic impairment in Ontario was the most important change the province made effective June, 2016, the president of Intact Insurance suggested

News AssociationsInsuranceMarkets / CoveragesPersonal Lines

Insurance Brokers Association of Ontario suspends partnership with Aviva Canada

January 23, 2017 by Canadian Underwriter

The Insurance Brokers Association of Ontario (IBAO) announced on Monday that it is formally suspending its sponsorship partnership with Aviva Canada “for the foreseeable future.” IBAO CEO Colin Simpson argued in a media release that “Aviva continues to leverage the

News AssociationsCommercial LinesInsuranceLegislation / RegulationPersonal LinesTechnology

Rule-making authority essential for Ontario’s new FSRA: Cooke

January 20, 2017 by Angela Stelmakowich

Equipping Ontario’s new Financial Services Regulatory Authority (FSRA) with rule-making authority is critically important to ensuring its effectiveness as an independent, flexible and consumer-focused regulator of financial services and pensions, argues George Cooke, chair of the Board of Directors of

News AssociationsCommercial LinesInsuranceLegislation / RegulationPersonal LinesTechnology

Wider mandate for Ontario’s auto insurance regulator would be welcomed

January 19, 2017 by Angela Stelmakowich

A wide mandate for the body regulating Ontario’s auto insurance sector – one that promotes competition, innovation and responsiveness – would be welcomed, Karin Ots, senior vice president of regulatory and government relations for Aviva Canada, suggested Thursday during a

News AssociationsInsuranceLegalProfessional Development

SGS Canada Inc., Canadian Food and Wine Institute partner to enhance food and beverage safety, risk reduction

January 16, 2017 by Canadian Underwriter

SGS Canada Inc. and the Canadian Food & Wine Institute (CFWI) at Niagara College have partnered on a new offering that will target risk reduction and provide students the tools needed to demonstrate true risk-based diligence. The Food Safety Program

News AssociationsInsurance

Traci Boland assumes role as 2017 president of the Insurance Brokers Association of Ontario

January 12, 2017 by Canadian Underwriter

Traci Boland has formally assumed her position as president of the Insurance Brokers Association of Ontario (IBAO) as of Jan. 1, the association noted in a press release on Thursday. “It’s a privilege to serve as president of our provincial

News AssociationsCatastrophesClimate ChangeInsuranceTechnology

Strategic planning of Canada’s p&c industry must extend to five, 10 years: Cook

January 11, 2017 by Angela Stelmakowich

Canada’s property and casualty insurance industry must look farther ahead in its strategic planning than it may be used to ensure it fully grasps developing conditions and can address related changes, Philip Cook, CEO of Omega Insurance Holdings Inc., suggested