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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

Photos Associations

Young Insurance Professionals of Toronto Winter Social, January 18, 2017

January 18, 2017 by Canadian Underwriter

Whether they were young or slightly more experienced, attendees of the Young Insurance Professionals of Toronto’s annual Winter Social had a great chance to mingle and celebrate their industry’s youthful vibrancy at the Duke of Westminster tavern on January 18.

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

News AssociationsCatastrophesEarnings / RatingsInsuranceMarkets / CoveragesReinsurance

Canada becoming less attractive option for investors: Cook

January 11, 2017 by Angela Stelmakowich

Anticipated less-than-stellar financial results for Canada’s property and casualty industry in 2016 will likely contribute to the market becoming less attractive to investors and absent significant improvement, it is unlikely the current level of capital will remain in the country,

Feature AssociationsInsurance

New Found Claim

January 2, 2017 Greg Meckbach, Associate Editor

As president of the Canadian Insurance Claims Managers Association, claims specialist Alex Lethbridge wants to raise awareness of the inter-company arbitration agreement.

Mark Day
Feature AssociationsProfessional Development

In Good Company

December 1, 2016 Angela Stelmakowich, Editor

Mark Day, recipient of the Donald M. Stuart Award, sees risk professionals increasingly becoming part of conversations early on.

News AssociationsInsuranceProfessional Development

Staying the same not a sustainable approach to attracting young professionals to insurance

November 23, 2016 by Angela Stelmakowich

The traditional insurance world must change with the times – reflecting shifting demographics and fostering diversity – if it is to build on the progress made with regard to attracting more young professionals to the field. “The traditional (insurance) world

News AssociationsCatastrophesClimate ChangeCommercial LinesConstructionEarnings / RatingsLegislation / RegulationPersonal LinesReinsurance

Federal government should consider emergency back-stop mechanism for catastrophic earthquake: conference board

November 22, 2016 by Canadian Underwriter

The Conference Board of Canada is echoing a recent recommendation by a former federal superintendent of financial institutions for Ottawa to consider adopting a last-resort, emergency back-stop mechanism for a catastrophic earthquake given the long-reaching, adverse effects that the event

News AssociationsCommercial LinesConstructionInsuranceLegalReinsurance

Some increased risks developing in surety space, but these can be managed: panel

November 14, 2016 by Angela Stelmakowich

The outlook for surety in Canada is healthy, but a number of developments are introducing increased risk that need to be taken into account and properly managed, speakers suggested during the Toronto Risk and Insurance Education Forum last week in