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Provide Connected Payments with FIRST Canada at the 2019 IBAO Convention

October 15, 2019 by FIRST Insurance Funding of Canada

Toronto, ON, Oct. 15, 2019/InsPress/ –  FIRST Insurance Funding of Canada (FIRST Canada), the industry leader in insurance payment solutions, is proud to support the 2019 IBAO Convention as trade show exhibitor. Visit the FIRST Canada booth and discover how Connected

News Claims CanadaInsuranceLegal

How much does auto insurer owe an injured claimant who cannot go to school?

October 11, 2019 by Greg Meckbach

Saskatchewan’s government-run auto insurer has won a victory of sorts before the Supreme Court of Canada arising from a disputed accident benefits claim, although the carrier lost its key argument. Canada’s top court announced Thursday it will not hear an

News Climate ChangeInsuranceMarkets / Coverages

Canadians confused about flood risk, study finds

October 11, 2019 by Adam Malik

Canadians are seemingly drowning in confusion when it comes to flood risk, according to a recent survey of 1,700 Canadians. The survey on flood risk, commissioned by RSA Canada and World Wildlife Fund Canada (WWF-Canada), produced some seemingly self-contradictory findings.

News BrokersInsuranceLegislation / Regulation

$6,000 fine over how brokerage held itself out to the public

October 11, 2019 by David Gambrill

A brokerage in Manitoba has been fined $6,000 after a complaint to the regulator that representatives of the brokerage’s sub-agency were holding themselves out to the public under a trade name for which they were not licensed to do business.

News InsuranceLegislation / RegulationProducts

This regulator’s new approach to innovation

October 11, 2019 by Jason Contant

Ontario’s new financial regulator wants to encourage innovation by allowing new product or distribution ideas on a trial basis. “Because if you don’t allow people to iterate… then it’s easier for them not to come in,” Mark White, CEO of

News ClaimsInsurance

Early winter weather cripples southern Manitoba

October 11, 2019 The Canadian Press

WINNIPEG – A first, early blast of windy, winter-like weather has knocked out power and made travel nearly impossible in many parts of southern Manitoba. Heavy, wet snow started Thursday and is expected to last into the Thanksgiving weekend, making

News BrokersEarnings / RatingsInsurance

You think the auto market is bad? Check out personal property…

October 10, 2019 by Jason Contant

The hard market is showing no signs of abating, with all provinces posting premium rate increases in personal lines in the latest quarter, according to Applied Systems’ most recent rating index. Personal property premiums increased on average by 13.6% compared

News InsuranceMergers and AqcuisitionsTechnology

5 lessons for M&A newbies, courtesy of serial acquirers

October 10, 2019 by Jason Contant

What are some of the best practices in mergers and acquisitions (M&A)? David Hunt, senior director of mergers and acquisitions at Willis Towers Watson, said in a recent blog that newcomers can learn from the best serial acquirers. While not

News InsuranceLegal

Quebec to appeal court ruling on homegrown cannabis

October 10, 2019 The Canadian Press

QUEBEC – The Quebec government says it will appeal a decision invalidating parts of Quebec’s cannabis law that prohibited home cultivation. On Sept. 3, Quebec Superior Court Justice Manon Lavoie ruled Quebec’s legislation infringed upon the jurisdiction of the federal

insPRESS Insurance

CEO Panel to be Live Streamed at IBAO Convention

October 10, 2019 by Insurance Brokers Association of Ontario

TORONTO, ON, Oct. 10, 2019/InsPress/  —The Insurance Brokers Association of Ontario (IBAO) is bringing its Annual Convention to the Sheraton Centre in Toronto, and to brokerages across Ontario with a live webcast of its CEO Panel—one of its flagship events.

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CatIQ Announces Major Platform Enhancements

October 10, 2019 Catastrophe Indices and Quantification Inc. (CatlQ)

Toronto, ON, October 10, 2019/InsPress/  – CatIQ has today announced the implementation of a series of new features on their state-of-the-art platform, which includes the introduction of several powerful visualization tools. The CatIQ platform houses the Canadian insurance industry’s loss

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CRU GROUP Announces New Addition to Executive Team

October 10, 2019 by CRU Adjusters

Toronto, ON, Oct. 10, 2019/InsPress/ – David Repinski, U.S. CEO of CRU Group, today announced that Tim Lalaian, has joined the company as Vice President for their Southeast Region. In this role, Mr. Lalaian is responsible for CRU Group’s operational