Why brokers are going to get sued over pandemic business interruption claims
October 21, 2020 by Greg MeckbachSome brokers are going to get sued by clients whose COVID-19 business interruption claims were denied, a keynote speaker warned Insurance Brokers Association of Ontario (IBAO) members Wednesday. “The main area of claim will be failure to advise of potential…
Will a hard market fuel or stall M&A?
June 11, 2019 by Adam MalikMergers and acquisitions during a hard market are likely to play out differently depending on whether you’re looking at things as a broker or a carrier. On one side, a hard market may be the fuel to keep the fire…
Industry in the dark on auto reform
January 15, 2019 by Greg MeckbachNearly two years after David Marshall released his report on Ontario auto insurance reform, there is still no indication on where the government plans to go with it. “We haven’t had a concrete yes or no that they are going…
The first priority for the Insurance Brokers Association of Ontario
January 9, 2019 by Greg MeckbachReforming auto insurance is top of mind for Jeff Gatcke, the new president of the Insurance Brokers Association of Ontario. “Our Number 1 priority would be working with insurance companies and the government on changes to the auto insurance product…
How marijuana legalization could impact workplace risk
September 20, 2018 by Greg MeckbachCanadian workplaces are likely to see an increase in marijuana use but the changes resulting from cannabis legalization next month will be “more evolutionary than revolutionary,” suggests a speaker scheduled to address next month’s Insurance Brokers Association of Ontario (IBAO)…
Ontario to review postal code auto rate factor
December 12, 2017 by Canadian UnderwriterAuto prices can vary based on the customer’s home address; while this has been a sore point for some consumers, the Insurance Brokers Association of Ontario is urging the regulator to think carefully before changing the use postal code rating…
Cornerstone’s DaSilva resigns from IBAO board, Brian Purcell scheduled to be 2018 president
July 7, 2016 by Canadian UnderwriterBrian Purcell, broker/owner at James Purcell Insurance Broker Ltd., will “assume the position” of president of the Insurance Brokers Association of Ontario in 2018, IBAO announced Thursday. Wendy DaSilva, chief executive officer of Cornerstone Insurance Brokers Ltd., had been scheduled…