News

Specially trained dogs are able to sniff out the causes of fires and can extend the capability of an investigator. Magic and his handler Captain Charles LeBlanc, of the Moncton Fire Department, recently completed the five week canine-accelerant detection school…

Ken Myers has been appointed vice president to the executive committee of the Insurance Brokers Association of Canada’s (IBAC) board of directors. Myers, an account manager with Stanhope Simpson Insurance (Halifax), is a past president and retiring chair with the…

Thirteen photographs have been selected for SGI Canada’s 2012 “It’s a good life” brokers’ calendar. The cross-Canada amateur photography contest ran in June and July and asked for entries capturing how wonderful life is. There were 421 photos submitted by…

The global property and casualty insurance industry faces an unsustainable financial future if it does not soon consider rate increases, a panel of reinsurers told delegates attending the National Insurance Conference of Canada (NICC) in Vancouver on Sept. 26.The panelists…

Canadians are researching their personal insurance online, but fewer are completing the transaction online, Robert Merizzi, executive vice president and chief information officer at Aviva Canada, told delegates at the National Insurance Conference of Canada (NICC). Merizzi spoke during the…

Speaking about the dangers inherent in a risk-by-risk review of capital charges for property and casualty insurers, the regulatory pendulum in Canada is swinging too far towards the ‘overregulation’ part if the spectrum, according to Canada’s property and casualty insurers…

Evidence suggests auto theft in Canada is being used to fund international terrorist activities, Rick Dubin, vice president of investigative services at the Insurance Bureau of Canada (IBC), told delegates of the National Insurance Conference of Canada (NICC). Although auto…

Provincial regulators will likely put more focus on regulating market conduct of insurers, according to Doug McLean, executive director of British Columbia’s Financial Institutions Commission’s insurance department.McLean spoke as a panelist at the National Insurance Conference of Canada (NICC) in…

Intact Financial Corporation (TSX: IFC) has officially completed its $2.6-billion acquisition of AXA Canada, the country’s sixth-largest provider of home, auto and business insurance in the country. “The completion of this transaction represents a defining milestone in the history of…

Canada has a new majority government, and the challenge now is for brokers to make themselves known to the new Members of Parliament, Insurance Brokers Association of Canada (IBAC) president Dale Rempel says.Rempel succeeded IBAC past president Fraser Lyle at…

The Ontario Superior Court of Justice has declined to import the U.S. court’s Stonewall decision into an asbestos claims case launched in Ontario, meaning insurers are not the hook for asbestos claims made against Goodyear Canada after 1986, when insurance…

Alberta 4H Council has approved a change that requires mandatory helmets for all beginning horse riders and any horse riders born in 2000 or later (11 years and younger).The main goal of the new rule is rider safety, including an…