Newfoundland launches auto review

The Newfoundland government has launched a review of its auto insurance system that will include a closed claims study and public hearings conducted by the province’s Public Utilities Board. Service…

Insurers call for earthquake partnership

The federal government should examine public-private partnerships in other jurisdictions to address earthquake risk here, the Insurance Bureau of Canada says. In a letter to the federal Department of Finance,…

Focus of home coverage changing

Changing weather patterns continue to be a top risk for the insurance industry, causing billions of dollars in payouts by governments and insurers. David McGown, senior vp of strategic initiatives…

OSFI looking more closely at A&S line

Property and casualty insurers should be prepared to disclose additional data on the accident and sickness segment of their business as the Office of the Superintendent of Financial Institutions continues…

CCIR proposes travel insurance reforms

Canada’s insurance regulators have proposed several reforms for the travel health insurance market, including better training and information for sales forces and standardized definitions and terminology. In a recently-released position…