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Embracing artificial intelligence is crucial for industry

Lack of “data mastery,” can hurt property and casualty insurers’ core business, says new report.

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New tool available to help municipalities mitigate flood risk
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Pension funding rises in March
TELUS +7
BrokerLink closes three transactions
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Six out of ten workers not performing to their full potential
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PROs only
Cancer incidence higher for those living within 50 kilometers of a wildfire
STATISTICS CANADA +3
Agency fined $20,000 for repeatedly allowing unlicensed activity
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A veteran of the Client Management Software industry returns
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Insurers express increased appetite for private market investments
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Life Insurance
A veteran of the Client Management Software industry returns
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Missing continuing education, lapsed liability insurance nets $4,000 fine
INSURANCE COUNCIL O… +1
Life insurance application activity picks up in March
PERMANENT LIFE +6
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Rep ordered to complete remedial education due to inadequate record-keeping
Missing continuing education, lapsed liability insurance nets $4,000 fine
One-third of Canadians have little or no life insurance
P&C
Embracing artificial intelligence is crucial for industry
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New tool available to help municipalities mitigate flood risk
INTACT +5
BrokerLink closes three transactions
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Reinsurers perform strongly despite catastrophe losses in 2023
Reinsurers expected to bear the financial brunt of Baltimore ship-bridge collision
Insurance and collision repair industries being reshaped in the United States
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Investment
Pension funding rises in March
TELUS +7
Insurers express increased appetite for private market investments
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Mutual fund rep fined close to $1.7-million
CANADIAN INVESTMENT… +5
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Firms, associations and reps weigh in on advisor compensation
Regulator fines firm $300,000 for inadequate complaint handling
Regulator imposes $776,100 fine plus costs for borrowing money from clients
Entrepreneurship
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Helping investors look beyond the immediate to invest in their futures
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Self-employed workers overlooked by small business policy, says coalition
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Helping investors look beyond the immediate to invest in their futures
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Health
Six out of ten workers not performing to their full potential
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Cancer incidence higher for those living within 50 kilometers of a wildfire
STATISTICS CANADA +3
Insurers likely to benefit from adding obesity drugs to benefits coverage
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Drug plan sponsors encouraged to set up usage guardrails for new therapies
Women over 65 less likely than men to visit medical specialists for non-emergencies
Isolation grows among workers under 40
Society
Pet insurance sales jump nearly 30 per cent over 2022
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Insurers warned that technology experimentation is needed to reap benefits
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Political risk an emerging issue in Canada
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Political risk an emerging issue in Canada
Ontario regulator publishes credentialling body exam results
Insurers warned that technology experimentation is needed to reap benefits