How a trade war could prolong hard market conditions

Canada’s property and casualty insurance industry is bracing for the potential impact of a prolonged trade war between Canada and the United States, although most sources say it’s too early to tell if that could happen, given the fluid nature…The post How a trade war could prolong hard market conditions appeared first on Canadian Underwriter.

Wintry blast to continue after season’s first big snowfall blankets Metro Vancouver

VANCOUVER – The first snowy blast of winter in Metro Vancouver is expected to continue with up to 25 centimetres of snow predicted in some areas before it’s done today. Environment Canada says to expect bands of snowfall and “localized…The post Wintry blast to continue after season’s first big snowfall blankets Metro Vancouver appeared first on Canadian Underwriter.

How MGA audits can boost regulatory compliance

Fragmented provincial regulation of Canada’s managing general agents (MGA) means MGAs should opt to undergo regular compliance and auditing practices alongside their regulatory upkeep, says Elaine Collier, senior auditor at Pro Global.  This would prevent MGAs from overstepping their role…The post How MGA audits can boost regulatory compliance appeared first on Canadian Underwriter.