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Insurance Brokers Association of Ontario announces Colin Simpson as new CEO

July 28, 2016 by Canadian Underwriter

The Insurance Brokers Association of Ontario (IBAO) has announced the appointment of Colin Simpson as CEO, effective Wednesday. IBAO president Doug Heaman made the announcement on behalf of the association’s executive committee and recruitment committee. Simpson brings more than 15

News AssociationsInsuranceLegislation / RegulationMergers and Aqcuisitions

Global commercial insurers operating in Canada join forces to form new association

July 18, 2016 by Canadian Underwriter

A number of foreign-owned commercial insurers operating in Canada have come together to form the Global Commercial Insurers Association (GCIA). The Toronto-based association will provide a platform through which foreign-owned commercial insurance carriers can become informed of current regulatory developments

News AssociationsCatastrophesConstructionInsuranceMergers and Aqcuisitions

‘Prudent’ municipal development needed to reduce catastrophe losses: IBC

July 14, 2016 by Canadian Underwriter

With the recent wildfire in Fort McMurray, Alta. being the most expensive natural disaster in Canadian history and in the same province as Canada’s second most expensive catastrophe, officials from Insurance Bureau of Canada recently suggested that building codes and

News AssociationsInsurance

Cornerstone’s DaSilva resigns from IBAO board, Brian Purcell scheduled to be 2018 president

July 7, 2016 by Canadian Underwriter

Brian Purcell, broker/owner at James Purcell Insurance Broker Ltd., will “assume the position” of president of the Insurance Brokers Association of Ontario in 2018, IBAO announced Thursday. Wendy DaSilva, chief executive officer of Cornerstone Insurance Brokers Ltd., had been scheduled

News AssociationsCatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

XL Catlin sponsors deep ocean survey to better understand climate change impacts

July 6, 2016 by Canadian Underwriter

XL Catlin will sponsor a new scientific survey to research the deep ocean, information from which will hopefully shed light on the potential impact of climate change and the risks that businesses, society and ecosystems will face in future. The

Feature AssociationsInsurance

At the Crossroads

July 4, 2016 by Canadian Underwriter

Heather Matthews, incoming president of the Canadian Independent Adjusters’ Association, believes the claims industry is at a crossroads, but that adjusters are up to the challenge.

News AssociationsInsuranceLegislation / RegulationMergers and AqcuisitionsProfessional Development

Road safety at heart of Ontario move to introduce mandatory, entry-level Training for Class A Truck Drivers

June 29, 2016 by Canadian Underwriter

The Ontario Trucking Association (OTA) has welcomed the announcement by transportation minister Steven Del Duca that mandatory, entry-level training will be adopted for new tractor-trailer drivers. Del Duca said Wednesday all new commercial Class A truck drivers will need to

News AssociationsInsuranceProfessional Development

Insurance Brokers Association of Canada announces departure of CEO Dan Danyluk

June 22, 2016 by Canadian Underwriter

The Insurance Brokers Association of Canada (IBAC) has announced in a press release dated Monday that its CEO, Dan Danyluk, has left the organization, effective immediately. “The board of directors wishes to thank Dan for his dedicated work both for

Photos AssociationsInsurance

WICC Relay For Life, Downsview Park, Toronto, June 21, 2016

June 21, 2016 by Canadian Underwriter

WICC Relay for Life event raises more than $350,000 for lifesaving cancer research Insurance industry professionals with the Women In Cancer Crusade (WICC) came together on June 21st, at Downsview Park in Toronto to raise more than $350,000 in support

News AssociationsInsuranceMergers and Aqcuisitions

Claims settlement a particularly “fuzzy concept” for Quebec drivers, new poll suggests

June 21, 2016 by Canadian Underwriter

Less than a week after a survey commissioned by the Financial Services Commission of Ontario found that only 10% of Ontario drivers reported being “very knowledgeable” about the elements in a standard auto policy, a new poll has found that

News AssociationsInsuranceLegislation / RegulationMarkets / Coverages

New Ontario financial services regulator should have anti-fraud authority: Panel

June 20, 2016 by Canadian Underwriter

The Ontario government should establish a new organization that would perform the functions currently performed by the Financial Services Commission of Ontario (FSCO) and the Deposit Insurance Corporation of Ontario (DICO) but also have a “specific fraud-deterrence mandate,” an expert

News AssociationsInsuranceMergers and AqcuisitionsProfessional Development

Canadian Coalition on Distracted Driving begins development of National Action Plan

June 20, 2016 by Canadian Underwriter

The newly-created Canadian Coalition on Distracted Driving (CCDD) has wrapped up its first meeting, a two-day working session in Ottawa, where it began work on creating a National Action Plan to combat distracted driving. An initiative of the Traffic Injury