News

Alberta Insurance Council (AIC) has announced Amina Deiab as its new chief executive officer, effective April 22.   Deiab is AIC’s second permanent CEO since the provincial licensing and regulation body for insurance brokers and adjusters launched 35 years ago.…

Indigenous communities in Canada are disproportionately affected by flood risk. Federal government statistics show that about 10% of Canadians live in high-risk flood zones, but the inverse is true for First Nations people — 90% live in high-risk flood areas. …

An Ontario court has set aside a judgement of almost $155,000 that an auto insurer obtained against its insured for not complying with a legal obligation to participate in the insurer’s defence. In this case, the insured was not driving…

Loyal, generous, optimistic, gregarious, a visionary — this is how the risk management community will remember Joe Restoule, co-founder and president of the William H. McGannon Foundation, who passed away on Mar. 29 following a battle with cancer.  Well-known and…

A coroner’s inquest is underway into the deaths of two volunteer Quebec firefighters who perished during a flood rescue last May in the Charlevoix region.  Coroner Andrée Kronström is hearing from witnesses at the courthouse in La Malbaie, Que., during…

Three-quarters of brokers believe their organizations must address diversity to be a successful business. Yet, this number is waning — from 91% in 2022 to 84% in 2023, and to 75% in 2024, according to a recent Canadian Underwriter survey.…

As Canada looks ahead to what experts fear could be another devastating wildfire season, fire chiefs say they are worried about the dwindling number of volunteers available to combat the rising threat. Ken McMullen, president of the Canadian Association of…

Cloud-based services can serve as a much-needed speed accelerator to the Canadian P&C insurance industry, eliminating friction and digitizing the customer experience, speakers said Thursday at the 2024 CIP Society Symposium in downtown Toronto. “I personally think the biggest threat…

A decision in which a woman whose psychological trauma was triggered after she viewed the dashcam footage of an auto accident she was involved in — and spotted a house in the background where she’d lived and was the victim…

Gravity brought financial results for Canada’s property and casualty insurance industry back down to Earth in 2023, despite a rebound to pre-pandemic investment returns. “As we predicted last year at this time, the abnormally high industry returns for 2021 and…

BrokerLink has acquired two Ontario brokerages outright, as well as the personal and small-to-medium-enterprise commercial books of business from Halpenny Insurance Brokers Ltd.   BrokerLink fully acquired M. Edward Powell Insurance Brokers Ltd. in Oakville, Ont., and Russ Bastow Insurance…

Mandatory entry-level training (MELT) for new commercial truck drivers needs to be implemented across Canada, and trucking companies must follow this up with mentorship and onboarding programs, a new report commissioned by the Insurance Bureau of Canada recommends. Plus, safety…