News

NB Bans Credit Scoring for Home/Auto

An amendment to New Brunswick’s Insurance Act will extend its ban on credit scoring.
The change prohibits the use of credit scoring for underwriting and rating …

Task Force Targets Financial Literacy

Canada’s Task Force on Financial Literacy wants to know how Canadians make their financial decisions. To get that discussion going, they have released the "http://www.advisor.ca/pdfs/TFFL …

Bulletin: IBAO networks with Facebook, RCCAQ Launches Ads, Rate comparison launches in Ontario, Managers show new tools, Annual symposium sets agenda

IBAO networks with Facebook
The Insurance Brokers Association of Ontario (IBAO) has added a Facebook fan page to it’s line-up of social media products.
The …

Washington state rejects bill to ban the use of credit scores

Washington state lawmakers rejected a bill to ban the use of credit scores to determine insurance rates.

The state’s insurance commissioner, Mike Kriedler, has …

Fairfax Acquires Zenith National Insurance

Fairfax Financial Holdings $1.3 billion (US) bid for California-based Zenith National Insurance Corp. will be partially funded with a $200 million (U.S.) equity issue.
Under a …

NS Cap Changes Should Weigh Risks, Rewards: IBC

Any changes to Nova Scotia’s $2500 minor injury cap should carefully weigh risks and rewards, the Insurance Bureau of Canada (IBC) cautions in its submission …

Aon Benfield Backs Global ACORD Standards

Aon Benfield is backing an industry move toward international ACORD standards. The reinsurance intermediary joins Partner Re, XL Re and Swiss Re in promoting the …

Pre-retirees too risk averse

As Canadians approach retirement, they are generally expected to ratchet down the risk level of their portfolios. But a recent survey suggests that the market …

Desjardins Group helping Haiti

The Desjardins Group will be aiding Haiti in the reconstruction of its economic system by bolstering its support to Le Levier, a federation of Haitian …

Brokers to Remain Partners in Driver Testing

Although MPI is scaling back the number of its mobile driver testing centres in the province, brokers will continue to play a role in test …

A TC Media site,
Business Solutions

TC Media

Transcontinental Media G.P
1110 René-Lévesque Bldv W.
Montréal, QC H3B 4X9
(514) 392-9000