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EY clarifies report that rekindled public-private auto insurance debate
February 1, 2023 by Jason ContantEY Canada has issued a clarification to a report it conducted that B.C.’s public auto insurer says show the province’s auto insurance rates are among the lowest in Canada. Commissioned by the Insurance Corporation of British Columbia (ICBC), EY conducted…
Alberta UCP announces auto rate freeze
January 26, 2023 by Alyssa DiSabatinoAlberta’s United Conservative Party announced today an auto insurance rate freeze until the end of 2023, and insurer and broker associations alike are calling this decision “disappointing” and “not the best option” for consumers. The government is also requiring insurance…
What the Alberta NDP’s auto rate freeze would mean for insureds and insurers
January 11, 2023 by Alyssa DiSabatinoAlberta brokers and insurers believe a New Democratic Party proposal to freeze auto insurance rates won’t solely reduce auto premiums and will instead make it harder for drivers to obtain coverage, auto insurance experts tell Canadian Underwriter. A better solution…
P&C leaders fire back against no-fault portrayal
July 7, 2020 by Adam MalikBroker and insurer leaders in Alberta are speaking out against those who would paint the insurance industry as nefarious actors looking to line their pockets at the expense of auto policyholders. In particular, they dispute what they feel are negative…
The impact of dire unemployment on P&C
April 15, 2020 by Adam MalikGeorge Hodgson was blunt in his observation of what would happen if fears of a 25% unemployment rate come true in his province. “It’ll be horrendous,” the CEO of the Insurance Brokers Association of Alberta told Canadian Underwriter of the…
How new rules will make being a broker in Alberta easier
October 25, 2019 by Adam MalikCross another item off the wish list for the Insurance Brokers Association of Alberta. A pair of professional insurance designations are now approved as licencing equivalencies in the province – the Chartered Insurance Professional (CIP) and the Canadian Accredited Insurance…
Digital pink cards get green light in third province
August 13, 2019 by Adam MalikA third Canadian province has been given the go-ahead for electronic proof of insurance for drivers. The Alberta government gave the OK for drivers to show their pink cards in a digital format through their smartphone this week, following the…
Alberta’s new government: What next for the auto rate cap?
April 22, 2019 by David GambrillAs the newly-elected United Conservative Party (UCP) prepares to take power in Alberta, it remains an open question what the victory will mean for the province’s auto insurance companies and brokers. In his electoral victory speech, UCP Leader Jason Kenney…
When social media makes sense for insurance correspondence
April 14, 2018 by Greg MeckbachFacebook, Twitter and similar web services can suck up a lot of a worker’s time, but insurance brokers should figure out how to use social media to support the business. “There is nothing supremely special about social media,” said Kat…
Insurance Brokers Association of Alberta (IBAA) 2016 Convention and AGM, May 15-18, 2016
May 15, 2016 by Canadian UnderwriterInsurance Brokers Association of Alberta (IBAA) held a successful 2016 Convention and AGM in picturesque Banff, Alberta, May 15 to 18. The convention’s theme was ‘connect’ and included a robust agenda including Keynote (Richard Bertram, WestJet’s vice president, communications and community…