Following a 2024 summer with four major natural catastrophes resulting in over 228,000 claims, Canada’s property and casualty insurance industry is pushing for a nationwide licensing reform.
In an open letter to the Canadian Insurance Services Regulatory Organizations (CISRO) and the Canadian Council of Insurance Regulators (CCIR), a coalition of industry leaders is advocating for licensing reciprocity. This would mean an adjuster licensed in one province could operate across the country, streamlining the deployment process in times of crisis.
Currently, each province has unique licensing requirements, which can slow down claims handling during disasters. Temporary measures, such as those seen after Tropical Storm Beryl in Ontario, help but aren’t a permanent fix. With a well-documented labor shortage in the industry, especially among adjusters, the coalition warns that delays caused by fragmented licensing only exacerbate challenges for insurers and disaster victims alike.
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