Broker and insurer leaders in Alberta are speaking out against those who would paint the insurance industry as nefarious actors looking to line their pockets at the expense of auto policyholders. In particular, they dispute what they feel are negative…
Brokers with clients in northeast Calgary are getting overwhelmed with claims from the June 13 storm, a board member of the province’s association says. “You can just hear the exasperation in their voice when you talk to them, and the…
George Hodgson was blunt in his observation of what would happen if fears of a 25% unemployment rate come true in his province. “It’ll be horrendous,” the CEO of the Insurance Brokers Association of Alberta told Canadian Underwriter of the…
The Insurance Brokers Association of Alberta (IBAA) and the Insurance Brokers Association of Manitoba (IBAM) are the latest organizations to hold back an event, as threats from COVID-19 are forcing industry organizers to rethink, postpone, or outright cancel events. In…
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…
A third Canadian province has been given the go-ahead for electronic proof of insurance for drivers. The Alberta government gave the OK for drivers to show their pink cards in a digital format through their smartphone this week, following the…
If George Hodgson’s crystal ball is working as well as he hopes, it may not be too long until Alberta drivers will be able to use digital insurance pink cards. The chief executive officer of the Insurance Brokers Association of…
Real, sustainable solutions are needed to curb what’s being called a “devastating” time for some brokers in Alberta. The Insurance Brokers Association of Alberta (IBAA) has put together a task force to come up with ways to resolve what the…
Alberta’s ceiling on auto rate increases is causing some brokers to lose their contracts with carriers. In Alberta, as a general rule carriers may not hike rates by more than 5% across their book of business. “It has resulted in…