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benefits

News BrokersCommercial LinesEmploymentInsuranceMarkets / Coverages

Large commercial brokerage expands presence in benefits space

June 6, 2019 by Jason Contant

Yet another commercial brokerage has expanded its presence in the benefits space in Canada. Toronto-headquartered Navacord Corp. announced Tuesday the acquisition of Toronto-based Future Benefits Management Inc. (FBMI), effective June 3. Founded in 1995 and exclusively focused on group benefits,

News InsuranceMarkets / CoveragesProducts

Aviva Canada launches commercial accident product through broker partners

October 26, 2017 by Canadian Underwriter

Aviva Canada has announced the launch of Commercial Accident, an expanded insurance offering through its broker partners. With this new product, brokers can now provide member associations, volunteer groups/events, charitable organizations and businesses “expanded insurance coverage and limits without having

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

TechCanary makes available enhanced insurance platform for Canadian market

July 26, 2017 by Canadian Underwriter

U.S.-based TechCanary has enhanced its insurance platform for the Canadian market to allow brokers and insurers access to additional Canada-specific capabilities around p&c lines of business meant to help them to deliver more responsive and predictive offerings to customers. TechCanary

News InsuranceLegislation / Regulation

PACICC to participate in federal government’s review of insolvency legislation next year

April 18, 2017 Jason Contant, Online Editor

The Property and Casualty Insurance Compensation Corporation (PACICC) will participate in the federal government’s review of financial sector regulations next year, including the examination of an act that has not “really been reviewed” in more than a century. The Winding-up

News InsuranceLegislation / RegulationMergers and Aqcuisitions

New Ontario financial authority should monitor auto insurers with ‘unusual number’ of LAT appeals: Marshall

April 12, 2017 by Canadian Underwriter

Neither the behaviour of personal injury lawyers nor “excess profits” of insurers are to blame for high auto premiums in Ontario, but the government should consider restricting lawyers’ contingency fees, a special advisor to the provincial government suggested in a

News CatastrophesInsuranceMergers and AqcuisitionsReinsurance

Terrorism insurance gaps demand rethinking focus on property: C4 2017 speaker

February 2, 2017 by Angela Stelmakowich

Terrorism insurance programs need a reset to ensure clients are appropriately covered in light of the continuing shift from attacks on property to attacks on people designed to produce mass casualties, Scott Bolton, the U.K.-based director of business development and

News ConstructionInsuranceLegalMarkets / CoveragesMergers and Aqcuisitions

CMW Insurance Services, Capri Insurance Services merger positions new company for growth

January 10, 2017 by Canadian Underwriter

The merger of CMW Insurance Services Ltd. and Capri Insurance Services Ltd. creates one of the largest independent, employee-owned insurance brokerages and risk management firms in Western Canada, the companies reported Monday. Effective Jan. 1, 2017, “the merger leverages the

News AssociationsInsuranceLegislation / RegulationMergers and Aqcuisitions

More fairness in Ontario auto insurance needed to fix the system: IBC’s Forgeron

October 24, 2016 by Canadian Underwriter

Fairness is still lacking in Ontario’s auto insurance system and a balance needs to be struck between both lower premiums and the right level of benefits, Don Forgeron, president and chief executive officer of Insurance Bureau of Canada (IBC), said

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

Only 10% of Ontario drivers report being “very knowledgeable” about elements of a standard auto insurance policy: FSCO-commissioned survey

June 15, 2016 by Canadian Underwriter

Only 10% of Ontario’s nearly 10 million drivers report that they are “very knowledgeable” about the elements in a standard auto insurance policy, according to a recent survey commissioned by the Financial Services Commission of Ontario (FSCO). The survey, released