Keyword
licensing
Broker fined $2K for obtaining premium relief for a client while unlicenced
July 10, 2020 by David GambrillA Manitoba broker was recently fined $2,000 after obtaining premium relief for a client within hours of being told by the regulator that he was unlicensed to act as a broker. On Dec. 19, 2018, Darcy Dion Boguski completed the…
Broker licensing exams now available in online format
May 15, 2020 by David GambrillThe Insurance Institute of Canada, the educational arm of the Canadian property and casualty insurance industry, will be providing OTL/Level 1 broker agent licensing exams in an online format. The online format allows licensing candidates to complete their exams from…
Broker fined for misrepresenting cause of her termination
February 21, 2020 by David GambrillA Manitoba broker has been fined $1,000 and ordered to take an ethics course after failing to fully disclose on her broker licence renewal application why her brokerage had terminated her for cause. Rahat Sharma, a broker who used to…
How new equivalencies for Alberta broker wannabes will work
October 30, 2019 by Greg MeckbachFor Alberta brokerages, the ability to use a Chartered Insurance Professional (CIP) designation won’t necessarily make it easier for brokers to get licensed, but it will probably provide a better learning experience, officials with the Insurance Institute of Canada suggest.…
How this property restoration firm got in and out of trouble
May 17, 2019 by Greg MeckbachA restoration contractor whose employee drove a company vehicle with a suspended licence is getting its truck back from police impoundment. A man identified as “C.S.” was pulled over in Barrie late Friday evening March 15 while driving a 2017…
How a broker regulator plans to fix “abysmal” licensing exam results
May 8, 2019 by David GambrillAs brokers across the country report difficulty in finding qualified employees, the situation in Alberta may be compounded by an “abysmal” pass rate on the provincial broker licensing exam. “As it currently stands today, we are at a 36.5% pass…
Toronto considering zoning, licensing and taxation rules for short-term rental platforms
June 13, 2017 by Canadian UnderwriterThe City of Toronto will soon consider recommendations to adopt new rules for short-term rental platforms such as Airbnb – which are unregulated – to address concerns ranging from noise to safety and taxation, notes a municipal backgrounder. The Report…
Vehicle and equipment dealerships in Alberta authorized to sell gap insurance
June 12, 2017 by Canadian UnderwriterThe Alberta Insurance Council (AIC) has announced that its General Insurance Council (GIC) has approved the issuance of a restricted certificate of authority authorizing both vehicle and equipment dealerships to sell gap insurance. Gap insurance is property insurance that covers…
Ontario home inspector licensing bill ready for royal assent
April 11, 2017 by Canadian UnderwriterOntario politicians voted unanimously Monday in favour of a bill that will mandate licensing of home inspectors in the province and will let the government and consumer services minister regulate insurance requirements. Bill 59, an omnibus bill that also introduces…
Ontario’s Region of Waterloo gives green light to non-traditional taxis
June 10, 2016 by Canadian UnderwriterThe Region of Waterloo in Ontario announced earlier this week that a new taxi bylaw, set to be implemented in October, will include “consistent insurance requirements for traditional and non-traditional taxis.” The bylaw will also include new licensing ratios and…
Are You Keeping Up?
May 17, 2016 Emily Atkins, EditorThe pace of change facing the independent adjuster, along with the entire P&C insurance industry, is blistering. And the risks of not keeping abreast of new developments are high, for small and large firms alike. So where’s an adjuster to turn for advice and education in the brave new world? Turns out there are options; you just have to find the time.