Kate McCaffery is a journalist for the Insurance Journal Publishing Group, focusing on national coverage in Canada. With a keen interest in regulatory actions and industry developments, Kate's articles provide insights into the insurance sector, including issues related to compliance, enforcement, and market conditions.
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Kate McCaffery's coverage centers around financial regulations, fines and penalties, insurance, compliance, and government policies in Canada. She heavily focuses on legal and compliance themes with a significant portion of her articles coming from government announcements and citing data.
Given her focus on Canadian financial regulations and business-related topics, she may be interested in commentary or insights from experts familiar with the Canadian regulatory landscape. Professionals knowledgeable about compliance issues within the finance industry or those specializing in Canadian insurance policies could provide valuable input for her articles.
It would also be beneficial to offer perspectives that align specifically with recent governmental announcements related to financial regulations or updates impacting businesses operating within Canada.
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By: Kate McCaffery
The Insurance Bureau of Canada (IBC) says there is a need to reduce inter-provincial barriers to trade, capital flows and labour mobility, particularly in light of policies put forth by the new administration set to take power in the United States on January 20.
By: Kate McCaffery
The insurance industry is under increasing pressure to safeguard personally identifiable information (PII) against sophisticated data privacy risks, say authors of a new blueprint from the Info-Tech Research Group, Safeguard Your Data When Deploying AI in Your Insurance Systems.
By: Kate McCaffery
One of the worst-ever quarters for insured losses occurred in the third quarter of 2024, but property and casualty (P&C) insurers rated by Morningstar DBRS remain stable, helped by improved investment returns and pricing actions taken prior to the third quarter, particularly in the personal property insurance market.
By: Kate McCaffery
A new survey of financial services firms in the United States, conducted by Bain & Company, has found that firms are benefiting from an average 20 per cent productivity boost in software development and customer service after deploying artificial intelligence (AI) powered tools.
By: Kate McCaffery
Canadian life insurance companies, the four largest in Canada in particular, are benefiting from strong equity markets and demand for financial services in North America and Asia – favourable conditions that Morningstar DBRS says will likely continue going into 2025.
By: Kate McCaffery
A new study from Statistics Canada is relatively unique in that it studies the prevalence of anxiety disorders among older Canadians. The agency says where previous studies have focused predominantly on general populations, youth and on middle-aged Canadians between 45 and 64 years of age, there is limited research on anxiety disorders among older Canadians.
By: Kate McCaffery, Pierre Markuse
A new study from technology and risk management company, Ortec Finance, shows that Canadian pension funds are among the most vulnerable in the world to climate change. The study of 30 Canadian pension funds further shows that investment returns could decline up to 44 per cent by 2050 if climate policies remain unaddressed. Severe physical risks, meanwhile, could cut alternative investment and equity portfolio returns by almost 60 per cent by 2050.
By: Kate McCaffery
The Financial Services Regulatory Authority of Ontario (FSRA) has published its most recent life agent supervision report saying the life and health insurance industry has more work to do to protect consumers.
By: Kate McCaffery
A new article from the Reinsurance Group of America (RGA) points out that artificial intelligence (AI) use in insurance is evolving rapidly – more quickly than the terminology to define it – and a workable definition is necessary to guide further regulation.
A new webinar added to the ISC2 Knowledge Vault, Top Five Cybersecurity Predictions for 2025, suggests that artificial intelligence (AI) is giving company security teams and vendors the upper hand – for now (this could change). They also predict the first verifiable human casualty will result from cyber-attack within the next three years. ISC2 is a global association for cybersecurity professionals.
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