Keyword
employment
One insurance role that could be wiped out by artificial intelligence
July 19, 2019 by Greg MeckbachArtificial intelligence is going to have a big impact on adjusters, actuaries and insurance agents, but it won’t necessarily kill their jobs, an AI expert suggests. But lower-skilled jobs may be in jeopardy. “Jobs at call centres are going to…
Labour market tightens in finance, insurance
June 28, 2019 by Greg MeckbachWages and job openings in the insurance and financial sectors have dropped, Statistics Canada reported recently. The vacancy rate in insurance and finance stood at 2.8% during the first quarter of 2019, down from 3.1% in 2018 Q1, StatsCan said…
How harassment lawsuit ruling affects insurers
March 28, 2019 by Greg MeckbachDespite a recent ruling that harassment is not a free-standing tort in Ontario, corporate clients and their brokers still need to view harassment accusations as a serious liability risk. In Merrifield v. The Attorney General, released in 2017, Justice Mary Vallee…
Employment down over 10 years among Canadian P&C carriers
December 4, 2018 by Greg MeckbachThe number of people employed by property and casualty insurers in Canada has dropped slightly over the past 10 years but increased from 2016 to 2017, a study released Tuesday says. The total number of people working for P&C carriers…
Here comes Trouble
September 11, 2017 The CIP Society - Insurance Institute of CanadaThe quick fix of terminating a producer suspected of unethical behaviour by simply cutting a cheque could have some lingering effects. Litigation costs and unpleasantness may be avoided, but what if the producer simply moves on to a new job and continues with the same questionable behaviour? What must a brokerage do to meet its obligations to its customers, its industry and regulators?
Great American offers supplemental employment insurance in British Columbia through BFL
April 15, 2016 by Greg MeckbachThe Canadian branch of Great American Insurance Company is offering consumers coverage intended to supplement federal Employment Insurance benefits through brokerage BFL Canada Risk and Insurance Services Inc., BFL announced Thursday. BFL is selling the Great American coverage, dubbed SalaryGuard,…