News

B.C. Residents Back Cellphone Ban for Drivers

British Columbia residents don’t think people should talk, text or email while behind the wheel: the majority are backing the government’s move to …

IBAA Expands Education with New Site

A bigger and more conveniently placed location is allowing the Insurance Broker’s Association of Alberta (IBAA) to increase the variety and number of …

U.S. Property Insurers Face Dwindling ROE

U.S. property insurers face declining ROE on homeowners lines of business, which is forecast to drop from 6.5% to 6.1% in the wake of …

CI EXPERT LEGAL PANEL GUEST: Clarifying the Law for Director’s Duties

A decision by the Supreme Court of Canada, in the long-awaited BCE Inc. v. 1976 Debentureholders (“BCE”) case effectively told corporations that directors must …

Bulletin: Enhanced FCIP Program Launches in 2010: Institute

The Insurance Institute will introduce a revamped FCIP designation—one that will re-establish the program’s value and prestige– next year.
After reviewing the existing …

Industry Supports Ontario Auto Reforms

Insurers and brokers in Ontario support proposed changes to Ontario’s auto insurance system, saying the McGuinty government’s plan puts consumers first.
That plan—unveiled November …

More Intervention for Regulations? CCIR Chair Stresses Risk Management

Financial institutions—including insurers—must reexamine and redouble their risk management efforts in the wake of last year’s market meltdown and in anticipation of rapidly …

Future Regulations May Bypass Legislation: Panelists

The insurance industry could see more regulatory changes come about without legislation in the future, according to legal experts.
Insurers and other industry members have …

Lack of knowledge could lead to inadequate coverage: Healthcare providers

A lack of consumer knowledge makes decreasing mandatory medical and rehabilitation benefits in order to lower insurance premiums a dangerous proposition for Ontario …

Auto Insurance Reform: Ontario Proposals Focus on Cost, Choice

Proposed changes to Ontario’s auto insurance system would manage rising auto premiums by allowing drivers to pick and choose the kind of accident …

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