The Canadian Council of Insurance Regulators (CCIR), an inter-jurisdictional forum of provincial, territorial and national insurance regulators has been looking at the use of credit-based insurance scores. A credit-based insurance score is different from your traditional (financial) credit score. Both are derived using the information found in a credit report, but they have different mathematical [...]

An article that recently appeared on canadianunderwriter.ca made an interesting observation about the insurance industry. “As insurance experts, we come into people’s lives at the worst possible times, and our job is to get them back on their feet,” said Irene Bianchi. She is the senior vice president of RSA Canada. The article was talking [...]