Compliance

Are Financial Advisors Ready for Stricter Regulatory Fines?
AI & Automation Are Financial Advisors Ready for Stricter Regulatory Fines?

Within the dynamic realm of Canadian finance, advisors are facing increasingly stringent regulatory challenges as regulatory bodies tighten their oversight. As the financial landscape evolves, so does the nature of regulatory scrutiny, with advisors required to meticulously adhere to rigorous

Is AI Liability Insurance the Future of Technology Safety?
AI & Automation Is AI Liability Insurance the Future of Technology Safety?

The emergence of AI liability insurance marks a significant turning point in managing the complex risks associated with deploying artificial intelligence systems across various sectors. As machines increasingly make autonomous decisions that could lead to unforeseen consequences, companies are

How Are Companies Adapting to New SEC Cyber Rules?
AI & Automation How Are Companies Adapting to New SEC Cyber Rules?

As public companies handle the ever-shifting landscape of cybersecurity threats, they face growing scrutiny from the Securities and Exchange Commission (SEC) regarding their disclosures. Since the SEC introduced more stringent rules concerning cyber incidents in 2023, companies have been required

How Can Trustees Prevent Life Insurance Lapses?
Digital Insurance How Can Trustees Prevent Life Insurance Lapses?

Trustees managing Irrevocable Life Insurance Trusts (ILITs) hold significant responsibility in maintaining the vitality of life insurance policies to avoid financial pitfalls associated with policy lapses. This responsibility is crucial since life insurance policies are primarily intended to

Court Overturns Judgment in Missouri Insurance Renewal Dispute
Digital Insurance Court Overturns Judgment in Missouri Insurance Renewal Dispute

The Missouri Court of Appeals Eastern District has reexamined a contentious legal dispute involving an auto insurance policy. The central issue in this case was whether Farm Bureau Town and Country Insurance Company of Missouri correctly notified the Scotts of the non-renewal of their policy, which

Is FSRA Ensuring Integrity in Ontario's Insurance Industry?
Regulatory & Compliance Is FSRA Ensuring Integrity in Ontario's Insurance Industry?

In today's discussion, we delve into the world of financial regulation with Simon Glairy, a well-versed expert in insurance and Insurtech, renowned for his insights into risk management and AI-driven risk assessment. We are exploring the intricate operations of the Financial Services

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