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In The News|
Budget extends review and provides tax relief
THIS YEAR’s federal budget contains more than the usual fare for the p&c industry, with long-sought cross-border reinsurance tax relief, climate change mitigation pledges and a postponement of the review of financial services legislation.
IBABC reorganizing following two-year review
THE INSURANCE Brokers Association of B.C. is downsizing.
Driverless cars expected to lead to commercial shift
DRIVERLESS cars have the potential to profoundly change insurance and one of the most prominent shifts may be a transformation of auto coverage from a personal lines to a commercial lines product, the head of home and auto insurance at RBC Insurance said at an Insurance Institute gathering in Toronto.
Demand for drone coverage slow to get off the ground
SALES OF DRONES have been soaring over the past year but insurance demand and regulations for them have been slow to get off the ground in Canada.
Working together key for Ontario mutuals
THE INCREASING pace of change makes it more important than ever for Ontario mutuals to stick together, the incoming chair of their association said.
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