NEWS

    November 18, 2019
    FSRA’s 2020-21 priorities build on efforts this year to give Ontario drivers a better auto insurance system

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    November 12, 2019
    We call on Ontario government to join other jurisdictions in allowing electronic insurance communications

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    August 23, 2019
    We've developed a modified option for harmonized agent qualification requirements for CISRO's review

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    July 24, 2019
    We've raised some concerns about FICOM's proposed new fee structure

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    June 27, 2019
    We commend FCNB’s plans to remove some regulatory burdens and help us improve services for New Brunswick customers

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    June 5, 2019
    Participants in our Annual Conference heard about the FSRA launch and innovations in rate regulation


    Chairman & CEO Alain Thibault welcomed members and thanked hosts HB Group Insurance Management


    Brian P. Sullivan, editor of Auto Insurance Report and Property Insurance Report, shared his views on regulatory efficiency and innovation



    FSRA’s Tim Bzowey, EVP, Auto/Insurance Products gave members the latest news on Ontario’s transition to a new era of financial services regulation.


    A strong turnout of CADRI members heard from industry experts and leaders, exchanged ideas and asked questions.

    Photos: Bard Azima, Livingface Photography

    April 15, 2019
    CADRI supports Ontario government’s move to foster innovation in the insurance business

    Ontario budget ushers in long-awaited changes to auto insurance in the province.

    The association representing direct insurers welcomes the proposed update to Ontario’s auto insurance system announced by the Finance Minister in the Budget speech last week.

    “Lowering costs, increasing consumer choice and increasing competition in the auto insurance market are necessary modifications,” commented CADRI Chairman & CEO Alain Thibault. “Ontario’s drivers deserve the same convenience with auto insurance that they have with other financial institutions.”

    The budget announced changes to auto insurance including:

    • Focusing on care for people injured in collisions and making sure that they can access treatment faster,
    • Facilitating electronic communications, making it fast and simple to do business with insurance companies,
    • Bringing the convenience of electronic proof of insurance to Ontario drivers,
    • Enabling innovation and new business models to give drivers more options, and
    • Making it easier for insurance companies to offer more options by allowing insurers to consider a client’s credit history if permitted, among other measures.

    “We are keen to work with the province and its new regulator, the Financial Services Regulatory Authority, to implement these developments quickly,” said Thibault. “Reducing the regulatory burden and eliminating red tape, will go a long way to making things easier for everyone involved.”

    Ontario’s Putting Drivers First blueprint builds on key issues addressed in David Marshall’s 2017 report on Ontario’s auto insurance system, Fair Benefits, Fairly Delivered.

    February 28, 2019
    CADRI members brave the Edmonton cold to advocate for change

    Members of our Western Committee met with Alberta's Treasury Board in February.


    (l-to-r) Jim Mahoney, Cooperators, Haseeb Rehman, Desjardins, Lynn Whitehead, TD Insurance,
    Paul Wilkins
    , belairdirect, Catherine Allman, CADRI

    February 21, 2019
    CADRI members continue talks with Ontario government on auto insurance reform and innovation

    (l-to-r) Brad Neilson, belairdirect, MPP Doug Downey, Parliamentary Secretary to Finance Minister, Sara Cleland, Cooperators,
    Lynn Whitehead, TD Insurance, Catherine Allman, CADRI, Sam Palmerio, Desjardins

    February 7, 2019
    We respond to FSRA’s proposed priorities and budget

    CADRI appreciates the opportunity to comment on FSRA’s proposed Priorities and Budget for its first year of operation. Our comments will focus on the priorities and planning which impact direct-relationship property and casualty insurance companies and their customers

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    January 4, 2019
    We urge FSRA to consider financial pressures on our industry when setting fees

    CADRI appreciates the opportunity to comment on FSRA’s proposed rules for assessments and fees on an interim and longer-term basis. Our comments will focus on the impact of the regime on direct-relationship property and casualty insurance companies

    READ THE SUBMISSION

    CANADIAN ASSOCIATION OF DIRECT RELATIONSHIP INSURERS (CADRI)

    301-250 Consumers Road
    Toronto, Ontario M2J 4V6

    Phone: 416 773-0101  Fax: 416 495-8723 

    Email: coordinator@cadri.com

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