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Insurance 

The Coalition is preparing its response to 2019

by Hubert Roy 13 December, 2018 09:30 Robert LaGarde For the Coalition for the promotion of professions in the property and casualty insurance, the year 2019 will deliver the findings of which she has realised in 2018. In fact, this fall, the Coalition unveiled the results ofa study on the skills of the future in the property and casualty insurance, made with Finance Montréal. It was enhanced by bringing together 40 stakeholders from industry and academia. Measures will be taken by 2019 to ensure that the curriculum offered by colleges…

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Insurance 

Keeping Auto Insurance in Burlington Affordable this Winter

Drivers in Burlington, Ontario know that over the next few months they will face many challenges as the cold and wet weather sets in for the winter. Road conditions will change as the snow flies in and around Burlington and the danger of a collision will likely increase too. Luckily, drivers can prepare themselves for the cold weather and ensure their auto insurance in Burlington remains as low as possible. Insuring a vehicle in Burlington can be a costly experience. Burlington drivers who

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Insurance 

Insurance : the industry has been able to attract the milléniaux, claims to the insurance Institute

by Hubert Roy 12 December 2018 13:30 Today, the insurance industry of damages was the face of a woman of 42 years old and no longer that of a man over 60 years of age. This is one of theinsurance Institute of Canada. The agency has commissioned two studies at the Conference Board of Canada, entitled demographic Analysis on the industry’s property and casualty insurance in Canada and The evolution of the workforce : implications of technological change for the insurance industry in Canada. 40 % of milléniaux The studies…

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Insurance 

The vehicle thefts have increased by 7 % in Québec in 2017

by Andrea Lubeck 12 December 2018 11:30 Photo : Freepik Between 2016 and 2017, thefts of vehicles have increased from 6% at the Canada level, show data from Statistics Canada. These statistics have been compiled in the annual balance sheet of the insurance Bureau of Canada (IBC) on the car thefts and the models most prized by thieves. In Quebec, the growth in the number of flights was 7 %. The provinces have also experienced a rise. “These provincial increases result in an increase of automobile theft on a national…

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Insurance 

Profits of life insurers : China on track to overtake the United States

by Hubert Roy 12 December 2018 09:30 Photo : Freepik What country allows life insurers to generate the most profits ? The United States remains in the lead, but China is coming. This is according to McKinsey & Company in its report entitled, Life Insurers and Annuities State of the Industry in 2018 : the growth imperative. The difference between the two countries is $ 6 billion. “The profits from absolute China are now almost as important as those of the United States in the life insurance industry, powered by…

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Insurance 

3 New Year’s Resolutions for Saving Money on Your Insurance

As the clock strikes midnight on January 1, 2019, thousands of people in Ontario will vow to save more money—one of the most common New Year’s resolutions there is. Along with cutting back on unnecessary expenses, making some simple changes to your insurance could also go a long way in ensuring 2019 is your most profitable year yet. 1. Get rid of insurance you don’t need The new year is the perfect time to review your finances. Take a look at your current insurance and ask

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Insurance 

An ex-president and ex-mp becomes trustee of the Chamber

by Hubert Roy 11 December 2018 11:00 Gilles Ouimet Me Gilles Ouimet is the new trustee of the Chamber of financial security. He began his duties today, learned of the insurance Journal. Me Ouimet holds expertise in disciplinary law and ethics, as well as in the field of economic crime. Over the course of his career, he has successively held the functions of chairman of the Bar of Montreal and the Barreau du Québec. He was also member of provincial parliament for the liberal Party of Quebec, representing the county…

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Insurance 

National insurance scheme drugs : the Canada and Quebec need ?

by Denis Méthot December 11, 2018 10:15 Photo : Freepik Canada likes to boast of his public system of universal health care to Americans, but yet, it is missing a major component to this system : a national system of prescription drug insurance. This is not that we have not thought of. The idea is in the air since the 60’s, it has been taken up by new governments, but to date, none is passed to the act. However, all studies on the health care system in canada over the…

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Insurance 

Three brokers écopent of 295 000 $ fines for false information

by Writing December 11, 2018 09:30 Photo : Freepik The judge Nathalie DuPerron-Roy of the Court of Quebec imposed fines totalling 294 872 $ Ali Solomon Zakzuk, Steve Miller and Monica Nino Tellez to be transmitted, or help to convey false or misleading information to Combined insurance Company of America. The judgment continued to a criminal prosecution brought by thefinancial markets Authority in September 2017. “The judge DuPerron Roy has concluded that the evidence had demonstrated that M. Zakzuk had forwarded to the Combined false insurance claims for clients fictitious,…

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Insurance 

New accounting standards : a major challenge for insurers, according to KPMG

by Hubert Roy December 10, 2018 13:30 Photo : Freepik For the consulting firm KPMG, some disturbances also weigh heavy on the canadian insurers that the arrival of the IFRS 17. The new rules governing the accounting will have impacts on the current process and a direct impact on all the players, including insurers, multinational companies which are established on the canadian market, one can read in the Report 2018 of KPMG on the opportunities and risks in the canadian insurance industry. The firm points out that these changes are…

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