Kate Mccaffery is a journalist at Insurance Journal Publishing Group. She covers a range of topics within the BFSI sector, focusing on insurance, finance, and healthcare, including areas such as cyber attacks, data breaches, and patient care. Kate's work has been featured in various publications, highlighting her expertise in personal finance, healthcare technology, and alternative medicine.
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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
In British Columbia, the province’s insurance regulator, the BC Financial Services Authority (BCFSA) has accepted a $15,000 payment from the Chicago Title Insurance Company in lieu of issuing an administrative penalty, for paying compensation to unlicensed agents.
By: Kate McCaffery
Reinsurers at the July 1 renewals this year were reportedly keenly competitive and willing to engage in creative solutions in providing coverage, thanks to excellent returns earned by reinsurers and due to their dedicated capital reaching record highs at the end of 2025, according to the most recent ‘first view’ published by Gallagher Re.
By: Kate McCaffery
Canadian Institute of Actuaries (CIA) working groups are currently working on the question of bias and how it is treated in the group’s Standards of Practice. Draft changes are currently underway, and the institute’s actuarial standards board has established a designated working group to develop recommendations.
By: Kate Mccaffery
Stakeholder concerns originally stalled implementation.
Aon plc has published its most recent update to the Aon Pension Risk Tracker, showing the aggregate funded ratio for Canadian defined benefit (DB) pension plans in the S&P/TSX Composite Index increased to 116.7 per cent by the end of June 30. This is up from 111.4 per cent at the close of the first quarter.
By: Kate McCaffery
Specialist technology firm, Lightworks, along with Scotiabank, Sun Life and TELUS have banded together to create a new artificial intelligence (AI) consortium to build and govern the infrastructure needed to implement AI, agentic AI in particular, in a safe and responsible way at scale.
By: Kate McCaffery
The Court of Appeal for Ontario has set aside a summary judgement against the Canada Life Assurance Company but has declined to dismiss the motion in a case where one of Canada Life’s predecessor companies denied a life insurance claim.
By: Kate McCaffery
Although a judge has found that a plaintiff’s experts inflated numbers in a report recommending $2-million in future care costs, the Supreme Court of Nova Scotia has awarded Jennifer Ann Morris $435,000 for ongoing impairments following a hit-and-run accident.
By: Kate McCaffery
The Financial Services Regulatory Authority of Ontario (FSRA) is accepting applications from those interested in selling automobile insurance at point of sale in that province. The practice is currently prohibited under section 231of Ontario’s
By: Kate Mccaffery
Economical ordered to pay plaintiff’s costs, disbursements and interest on jury award.
