Canadian Underwriter

Segment
Brokers


Feature Legislation / Regulation

Out of Pocket

January 15, 2018 Greg Meckbach, Associate Editor

Brokers could pay more under proposal to tax income sprinkling and passive investments

News InsuranceLegalMarkets / CoveragesMergers and Aqcuisitions

How a brokerage sale agreement can lead to a lawsuit

January 15, 2018 by Greg Meckbach

The price buyers pay for brokerage firms is often not set in stone but rather depends on the financial performance of the acquired business after it’s sold, and this can lead to disagreements that wind up in court, lawyers say.

News ConstructionInsuranceMarkets / Coverages

3 tips for advising your clients about construction work

January 12, 2018 by Greg Meckbach

Brokers advising property owners should bear in mind their clients may not be experts on construction and renovation, a managing general agency warns. Keeping this mind, brokers can guide clients through three processes when hiring contractors to do construction or

News InsuranceLegalMarkets / Coverages

One-year suspension for broker who involved unlicensed spouse in renewals

January 11, 2018 by Jason Contant

B.C. broker Elliott Herrera had his license suspended for a year after the provincial regulator found that he had his unlicensed spouse assist him with insurance activities. Once his spouse had obtained an insurance licence, Herrera then provided client information

Feature Associations

Auto Polish

January 11, 2018 Greg Meckbach, Associate Editor

Auto insurance reform was top of mind at this year’s Insurance Brokers Association of Ontario convention.

News InsuranceLegislation / Regulation

Broker loses licence for preferred vendor kickback scheme

January 10, 2018 by David Gambrill

A B.C. broker has had his licence cancelled for five years after the provincial broker regulator found that he had participated in a kickback scheme involving a potential preferred vendor for the brokerage. Bhupinder Singh Atwal, assistant vice president at

News InsuranceLegalMarkets / CoveragesTechnology

Legal imbroglio at Niagara brokerage prompts court ruling on email access

January 10, 2018 by Greg Meckbach

An email chain arising from a dispute between two brothers who acquired a St. Catharines brokerage is protected by solicitor-client privilege, an Ontario judge has ruled. Verge Insurance Brokers Ltd. has had a multitude of legal disputes with Richard Sherk,

News InsuranceMarkets / Coverages

What brokers need to tell homeowners hiring renovators

January 9, 2018 by Greg Meckbach

Brokers placing home insurance should be advising clients on how to vet renovation contractors, a spokesperson for a bidding website advises. Some contractors could be working on homes without having workers compensation insurance, and while they may have insurance certificates

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Brokerage acquisition features insurtech talent, online binding

January 8, 2018 by Greg Meckbach

The potential to expedite policy issuance to brokers online was a major factor in the decision of Totten Insurance Group to buy Belyer Insurance Limited of Windsor, Ont., Totten CEO Susan Murphy said Friday. Belyer does business as EasyInsure, whose

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

2 key concerns for brokers in 2018

January 4, 2018 by Jason Contant

Merger activity and technology are two major issues facing brokers looking forward into 2018, says the new Insurance Brokers Association of Ontario (IBAO) president Brian Purcell. Purcell talked to Canadian Underwriter shortly after beginning his new role as IBAO president

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Totten buys online brokerage

January 4, 2018 by Canadian Underwriter

Managing general agency Totten Insurance Group has acquired Windsor, Ont.-based EasyInsure, which offers quotes for both commercial and personal insurance online. Toronto-based Totten intends to use EasyInsure’s “digital capabilities to better support [Totten’s] current and future clients,” said Hub International

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

McDougall Insurance discusses latest merger

January 3, 2018 by Jason Contant

McDougall Insurance & Financial is merging with Worden Insurance & Financial Services, a 13-employee brokerage operating out of Oshawa. Based in Belleville, Ont., McDougall Insurance & Financial is looking to extend its footprint in Ontario’s Durham region with its latest