Canadian Underwriter

Legislation / Regulation

News AnnouncementsAppointmentsBrokersInsuranceLegislation / Regulation

Alberta Insurance Council names new CEO

April 16, 2024 by Alyssa DiSabatino

Alberta Insurance Council (AIC) has announced Amina Deiab as its new chief executive officer, effective April 22.   Deiab is AIC’s second permanent CEO since the provincial licensing and regulation body for insurance brokers and adjusters launched 35 years ago.

Professional truck driver driving truck vehicle going for a long transportation route.
News AssociationsClaimsCommercial LinesInsuranceLegislation / RegulationMarkets / CoveragesRisk

How new commercial truck drivers can get better insurance rates

April 11, 2024 by David Gambrill

Mandatory entry-level training (MELT) for new commercial truck drivers needs to be implemented across Canada, and trucking companies must follow this up with mentorship and onboarding programs, a new report commissioned by the Insurance Bureau of Canada recommends. Plus, safety

Female medical practitioner reassuring a patient
News AdjustersClaimsInsuranceLegalLegislation / Regulation

Court upholds Aviva’s travel deductible for trips to medical appointments

April 8, 2024 by David Gambrill

Newfoundland and Labrador’s Supreme Court has dismissed a proposed class action lawsuit against Aviva Canada and Aviva General Insurance Company over a discretionary travel deductible the insurer imposed on medical and rehab accident benefits expenses. Aviva imposed a 25-kilometre (round

Quebec taxi driver protesting new government regulations.
News InsuranceLegalLegislation / RegulationMarkets / Coverages

Class-action lawsuit by taxi drivers against Quebec government begins

April 2, 2024 Jacob Serebrin – The Canadian Press

A trial opens Tuesday in a class-action lawsuit accusing the Quebec government of wiping out hundreds of millions of dollars in the value of taxi permits by allowing ride-hailing company Uber to operate and then by abolishing the permit system.

Driving on a beautiful spring day.
News AdjustersBrokersClaimsInsuranceLegislation / Regulation

Regulators suspend broker over fraudulent auto claim

March 28, 2024 by David Gambrill

A former Alberta broker who was suspended for a year last July for submitting a fraudulent auto insurance claim has had her B.C. licence suspended for a year, starting March 2024. B.C.’s insurance council said it was revoking her licence

Much money and a motorcycle.
News BrokersClaimsInsuranceLegalLegislation / Regulation

Innocent victim of insurance fraud? Why a tribunal found otherwise….

March 25, 2024 by David Gambrill

An injured motorcyclist claiming he was the innocent victim of fraud had the wherewithal to know he was not carrying valid insurance, thus disqualifying him from receiving accident benefits, the Ontario Licence Appeal Tribunal (LAT) ruled Thursday. The tribunal said

A quad on its side after it has been accidentally flipped.
News ClaimsInsuranceLegalLegislation / Regulation

‘Negligent operation’ of ATV includes turning it over to inexperienced driver

March 18, 2024 by David Gambrill

If parents permit an adult child to use their all-terrain vehicle (ATV), and the son or daughter then negligently turns over control of that ATV to an inexperienced driver who gets seriously injured in a crash, the parents can be

Justice and law symbol statue
News ClaimsLegalLegislation / Regulation

Top court clarifies standard for judicial review of LAT decisions

March 15, 2024 by David Gambrill

Canada’s top court has kicked an auto accident benefits dispute back to the Ontario Licence Appeal Tribunal, effectively confirming courts have discretion to review decisions from the LAT, even if claimants only have a limited right to appeal LAT decisions.

Patrick Ballantyne Board Chair, CISRO
News AppointmentsBrokersInsuranceLegislation / Regulation

Meet CISRO’s new board chairman

March 14, 2024 by David Gambrill

Patrick Ballantyne, CEO of Ontario’s insurance broker regulator since 2016, is now board chairman at the Canadian Insurance Services Regulatory Organizations (CISRO). CISRO is a national forum of Canadian regulatory authorities dedicated to consistent qualifications and conduct of business standards

Close-up Youth asia female wear casual sit front of desk hold smartphone and credit card feel upset online shopping payment declined credit over limit in living room at house.
News BrokersInsuranceLegislation / Regulation

Ex-broker suspended for misusing client’s credit card

March 13, 2024 by David Gambrill

A former B.C. broker has been suspended for three years after making unauthorized purchases on a client’s credit card, the Insurance Council of B.C. has ruled. The province’s broker regulator ordered the suspension in February 2024, after finding that Maninder

Good listener boss, listen and accept all opinion, suggestion or customer feedback concept, smart businessman
News InsuranceLegislation / Regulation

FSRA board director defends principles-based regulation

March 12, 2024 by David Gambrill

Ontario’s insurance regulator offered a spirited defence of principles-based regulation last week, giving concrete examples of how the approach spares insurance companies from facing unnecessary prescriptive rules. Joanne De Laurentiis, chairwoman of the Financial Services Regulatory Authority (FSRA), also addressed

A businessman, under supervision, looks up at a large magnifying glass that is being held by large hand above him.
News AssociationsBrokersCommercial LinesInsuranceLegislation / RegulationMarkets / CoveragesMGAsRisk

Industry responds to FSRA’s plan for insurer MGA supervision

March 7, 2024 by Alyssa DiSabatino

Potential risks stemming from P&C insurers’ managing general agent (MGA) outsourcing practices have caught the eye of Ontario’s insurance regulator, and it’s looking for feedback from stakeholders on a supervision plan.   Insurers and MGAs alike have begun to weigh