Keyword
stakeholders
Wawanesa names Chris Henn as president of U.S. operations
August 24, 2017 by Canadian UnderwriterWawanesa Mutual Insurance Company, one of the largest property and casualty insurers in Canada with a growing presence in the United States, announced on Thursday that Chris Henn has been appointed president of its U.S. operations effective Aug. 31. Prior…
Alberta considering changes to impaired driving legislation
August 21, 2017 by Canadian UnderwriterThe Government of Alberta has announced that it will “look at implementing changes” to impaired driving legislation in the province following a recent Court of Appeal of Alberta decision. On May 18, 2017, the Court of Appeal ruled that part…
Alberta government addressing flood resilience in Calgary
August 14, 2017 by Canadian UnderwriterThe province of Alberta reported on Friday that it has begun implementing advice from a report that identifies ways to improve flood resilience in Calgary and better water management throughout the Bow River basin. The Advice to Government on Water…
Insurers should ensure consumers are ‘better able to understand’ home insurance policies: CCIR
August 9, 2017 by Canadian UnderwriterIn a paper released Wednesday, Canada’s insurance regulators’ association suggests that insurers need to better educate consumers so they can understand the terms – including limitations, exclusions and deductibles – of their property insurance contracts, while sharing aggregated property risk…
Government of Newfoundland and Labrador conducting comprehensive review of auto insurance system
July 5, 2017 by Canadian UnderwriterThe Government of Newfoundland and Labrador has announced the start of a comprehensive review of the auto insurance system in the province. Perry Trimper, Minister of Service NL, announced the review in a statement on Tuesday. As part of the…
OSFI publishes draft 2018 version of Minimum Capital Test for federally regulated P&C insurers
June 15, 2017 by Canadian UnderwriterThe Office of the Superintendent of Financial Institutions (OSFI) on Thursday published the draft 2018 version of its Minimum Capital Test (MCT) for federally regulated P&C insurers. The revised guideline, which will be effective Jan. 1, 2018, provides clarification with…
New Insurance Institute webinar to explore the sharing economy as an “opportunity and a threat” for Canadian p&c industry
May 30, 2017 by Canadian UnderwriterThe Insurance Institute of Canada (IIC) will host a webinar examining the sharing economy as both an opportunity and a threat to the Canadian p&c industry. The webinar is scheduled for June 14 at 1 p.m. EDT. It offers “future-forward…
Alberta to conduct review of liabilities associated with old oil and gas facilities
May 12, 2017 by Canadian UnderwriterAlberta Energy has announced that it is conducting a review of old oil and gas wells and facilities and their associated liabilities. The province is working with industry and experts to find ways to better protect Albertans and the environment…
Satisfying unmet customer needs key to helping prevent disruption: CIP Symposium speaker
April 7, 2017 Jason Contant, Online EditorIf the insurance industry doesn’t start meeting unmet customer needs and responding to trends like the sharing economy, new entrants will likely continue to disrupt the industry, attendees to the CIP Society Symposium 2017 heard on Thursday. “The big risk…
Transport Canada does not systematically consult with stakeholders like insurers on vehicle safety standards: Auditor General
November 29, 2016 by Canadian UnderwriterTransport Canada (TC) does not develop motor vehicle safety standards to respond to emerging risks and issues in a timely manner and does not systematically consult with important stakeholders, such as insurers, according to the Auditor General of Canada’s latest…