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Insurance Brokers Association of Canada announces departure of CEO Dan Danyluk

June 22, 2016 by Canadian Underwriter

The Insurance Brokers Association of Canada (IBAC) has announced in a press release dated Monday that its CEO, Dan Danyluk, has left the organization, effective immediately. “The board of directors wishes to thank Dan for his dedicated work both for

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

News InsuranceLegislation / Regulation

Ontario Retirement Pension Plan bill passes third reading

June 2, 2016 by Canadian Underwriter

A bill that will make it mandatory for some Ontario employers and workers to contribute towards a public pension plan passed third reading Thursday. Bill 186, Ontario Retirement Pension Plan Act (Strengthening Retirement Security for Ontarians) – was originally tabled

News AssociationsInsuranceProfessional Development

Insurance Brokers Association of Ontario searching for new CEO after departure of Jim Murphy

June 1, 2016 by Canadian Underwriter

The Insurance Brokers Association of Ontario’s (IBAO) executive committee announced on Wednesday that Jim Murphy has moved on from his role as CEO of IBAO, effective immediately. “This is an important time for IBAO,” Michael Brattman, IBAO chair, said in

News InsuranceMergers and Aqcuisitions

Feds propose extension of mandatory Bank Act review to 2019

March 23, 2016 by Canadian Underwriter

The federal government said Tuesday it is proposing to extend by two years the mandatory review of the Bank Act, which prohibits financial institutions from selling home and auto insurance in their branches. Finance Minister Bill Morneau is also proposing