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News InsuranceLegislation / Regulation

How COVID-19 is changing insurance transactions in B.C.

March 25, 2020 by Jason Contant

The COVID-19 pandemic sweeping across the globe and here at home is changing the way auto insurance transactions are conducted in British Columbia. Last week, the government of British Columbia announced it would allow certain auto insurance transactions, such as

News BrokersInsurance

Is Alberta next for no-fault insurance?

March 10, 2020 by Adam Malik

Alberta will move to a no-fault system for auto physical damage if the province’s brokers have their way. That’s just one of 20 legislative and regulatory changes the Insurance Brokers Association of Alberta (IBAA) has recommended to Alberta’s Auto Advisory

News BrokersInsurance

Broker fined for misrepresenting cause of her termination

February 21, 2020 by David Gambrill

A 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

Feature Technology

Time to regulate insurtechs

February 4, 2020 David Gambrill, Editor in Chief

A short time ago, insurers feared insurtechs would disrupt the property and casualty industry.

News Insurance

Alberta strikes panel to review auto insurance, won’t bring back rate cap

December 27, 2019 Dean Bennett – THE CANADIAN PRESS

Alberta is reviewing auto insurance in the province to ensure that the industry can remain viable and drivers can get affordable coverage. Finance Minister Travis Toews says Albertans are paying some of the highest rates in Canada but are having

News BrokersInsuranceLegislation / RegulationProfessional Development

How Trump’s ethical follies can benefit Canada’s P&C industry

October 29, 2019 by David Gambrill

All the talk in the White House these days about “whistleblowers” and “no quid pro quo” echoed in the discussions about ethics last Thursday between Canadian insurers and their brokers at the 2019 Insurance Brokers Association of Ontario (IBAO) Convention.

News InsuranceLegislation / RegulationRisk

Province considering regulatory changes for vaping

October 3, 2019 The Canadian Press

HALIFAX – Nova Scotia Premier Stephen McNeil says his government is looking at regulations that could ban flavoured vaping products in the province. McNeil responded Wednesday after the Opposition Progressive Conservatives introduced legislation aimed at addressing the growing numbers of

News Insurance

Why brokers need to check their dec pages

April 4, 2019 by David Gambrill

A Manitoba broker was fined $1,000 fine for not checking to make sure his client’s request for a Single Limit Endorsement was included as part of the client’s home insurance coverage. It wasn’t, as it turns out, and the client

News BrokersInsurance

Broker fined for failing to review with his client a $1.4-million coverage change

March 14, 2019 by David Gambrill

A Manitoba broker is out of pocket $1,000 for failing to review with his client a $1.4-million change to a client’s commercial property insurance policy. On Dec. 12, 2011, an insurer requested renewal instructions from Manitoba broker Horace Smaczylo, as

News BrokersLegislation / Regulation

Broker lands in hot water after BI coverage miscue

February 5, 2019 by David Gambrill

A Manitoba broker landed in hot water after filling in for a vacationing colleague whose commercial client wound up without business interruption coverage. Broker John C. McDonald was fined $250 for his role in the coverage mix-up. When McDonald’s work

Feature

Advocating for New Storylines

February 2, 2019 David Gambrill, Editor-in-Chief

Don Forgeron, president  and CEO of Insurance Bureau of Canada, talks to Canadian Underwriter about what’s top of mind for Canada’s home, auto and business insurers in 2019. Here’s his update on where the nation’s insurers stand on auto reform,

News InsuranceLegislation / Regulation

Airbnb asks federal government for regulation

August 20, 2018 Jordan Press - THE CANADIAN PRESS

OTTAWA – One of the world’s largest short-term rental websites is inviting the Trudeau Liberals to create a regulatory regime for the burgeoning industry – something its critics have long advocated and raising pressure on the government to set rules