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Brokers on what would help bring down skyrocketing condo insurance premiums

February 12, 2020 by Jason Contant

Insurance should be mandatory for all condo unit owners in the condo corporation, an executive with the Insurance Brokers Association of B.C. (IBABC) told Canadian Underwriter Monday. “Strata/condo building managing councils should encourage their member unit owners to vote in

News AssociationsBrokersInsuranceMarkets / Coverages

Two ways to address rising condo insurance premiums

February 11, 2020 by Jason Contant

One broker association is calling for consultation among all key stakeholders to discuss owner liability in condo corporations, with a focus on proposed achievable legislative action. As condominium (strata) insurance premiums and deductibles continue to rise across the country, the

News AssociationsBrokersInsuranceLegislation / Regulation

The potential downside for brokers of ICBC’s new care-based model

February 10, 2020 by Jason Contant

The government of British Columbia’s recent announcement that it will be removing lawyers and legal costs from the system to reduce insurance premiums by about 20% and increase care benefits has been met with approval from the provincial brokers association.

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Inaugural IBABC Awards, Vancouver, May 31, 2018

June 20, 2018 Canadian Underwriter

In celebration of its 100th anniversary, IBABC held its annual conference gala on May 31, 2018. Nearly 1,100 people attended the event at Vancouver’s BC Place stadium. In recognition of the work done by IBABC-member insurance brokers over past decades

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IBABC Honours Outstanding Insurance Professionals at BC Place

June 20, 2018 Insurance Brokers Association of B.C.

VANCOUVER, June 20, 2018 /insPRESS/ – On May 31, several outstanding insurance professionals were honoured at the centennial celebrations of the Insurance Brokers Association of British Columbia (IBABC). IBABC is the professional association that represents and provides licensing and continuing

News InsuranceLegislation / Regulation

No push from brokers to end B.C. government monopoly on auto insurance

March 7, 2018 Greg Meckbach, Associate Editor

Despite the fact that British Columbia’s government monopoly auto insurer lost almost $1 billion in the first nine months of last year alone, brokers in the province are not seeing a push from motorists to open the market to competition.

News AssociationsInsuranceMarkets / Coverages

Provincial brokers urge “deep” review of government insurer

November 29, 2017 Greg Meckbach, Associate Editor

Insurance Brokers Association of B.C. (IBABC) and a provincial cabinet minister are calling for major changes to British Columbia’s money-losing government monopoly auto insurer. But it’s been four months since the release of a consultant’s report containing specific options and

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Broker CE on mobiles. What’s next, Virtual Reality classrooms?

November 20, 2017 David Gambrill, Editor-in-Chief

Continuing Education (CE) for brokers will likely make its way onto mobile devices in the short term, with the world of Virtual Reality classrooms to follow over the longer term — perhaps in the next five to 10 years, says