News

A B.C. court has ruled in favour of an insurance brokerage in a dispute over whether or not its broker recommended bumping up a claimant’s Uninsured Motorist Protection (UMP) from $1 million to $2 million before the claimant was catastrophically…

Dario Battista, president & CEO at isure, is the Insurance Brokers Association of Ontario’s (IBAO) new president for the 2024-2025 term. Battista joined IBAO as a board member in 2022 and has contributed to multiple IBAO working groups due to…

An imbalance between supply and demand continues to put the squeeze on brokerage firms, say respondents to CU‘s 2024 National Broker Survey. Broker principles voice frustration that training people to become brokers can’t keep pace with the number of people…

VANCOUVER — Confused shoppers milled around the front of a London Drugs store in downtown Vancouver on Monday, some wondering aloud why they couldn’t access the store to get prescriptions or buy hair dye. A metal gate was blocking them…

Editor’s Note: This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. The authors are Kerry Black, assistant professor and Canada research chair of integrated knowledge, engineering and sustainable…

Canada’s well-worn roads are getting more dangerous. Nearly half of Canadian drivers (46%) in a recent online survey say the nation’s roads are less safe today than they were a year ago. The study, conducted by Travelers Canada from Jan.…

Alberta’s long-awaited reports on auto insurance reform have waded into the controversial topic of public versus private auto insurance. A government-commissioned actuarial report by Oliver Wyman concludes B.C.- or Manitoba-style public auto insurance would lead to more significant premium savings…

A large majority (81%) of brokers believe it’s a myth that there’s a lack of diverse talent available to hire or promote. Yet, when asked about key hiring challenges facing their organizations, lack of skilled diverse talent tops the list,…

For the past 30 years, Canadian P&C insurers, brokers and law enforcement have trusted Accident Support Services International (ASSI) to help them effectively manage minor vehicle collisions. Today, ASSI is just as well known for their efforts in curbing Canada’s…

Underwriters have tightened their underwriting controls to better price for cyber risk from its 2021 high, but claims frequency in 2023 has nevertheless increased 13% since the previous year, cyber insurer Coalition reports.  Claims severity across the board also increased…

Where would you like to leave things? It’s a critical question for Canada’s property and casualty (P&C) brokers, especially given the seniority of brokers represented in Canadian Underwriter’s 2024 annual National Broker Survey. More than 200 brokers nationwide shared views…

Environment Minister Steven Guilbeault is looking for options to protect a southern Ontario First Nation from repeated exposure to benzene from a nearby chemical plant, as the plant issues a new warning about air pollution. Leaders from Aamjiwnaang First Nation…