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…

The Insurance Bureau of Canada is disappointed that the government of Newfoundland and Labrador left badly needed auto insurance reform out of its latest budget. “Every day that government waits…

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…

The insurance industry and government are stuck in a dangerous state of inertia when it comes to tackling earthquake risk, Sen. Scott Tannas warned at this year’s Canadian Insurance Financial…

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…

Significant reforms are proposed for Ontario’s auto insurance system, which is described in a new report as structurally flawed. “Claim costs continue to rise while auto accidents continue to fall,”…

The Insurance Bureau of Canada has welcomed the new report on Ontario’s auto insurance system and wants to help the government implement some of the recommendations as quickly as possible….

A NEW CANADIAN managing general agency, O2 Insurance Services Inc., has been granted Lloyd’s broker status allowing it to deal directly and write business with market syndicates, its chief operating…

The Property and Casualty Insurance Compensation Corp. is setting its sights on overhauling legislation that governs its core function — the winding up of insolvent companies — which hasn’t been…

Insurance Brokers Association of Manitoba ceo David Schioler has announced plans to leave the organization next year. He was named executive director of IBAM in 2005, succeeding Margaret Scurfield who…