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Celyeste Power

INSURANCE BUREAU OF CANADA/BUREAU D'ASSURANCE DU CANADA59 communications in the past year

Lobbies for

INSURANCE BUREAU OF CANADA/BUREAU D'ASSURANCE DU CANADA

57

Efforts to modernize federal privacy legislation and regulate artificial intelligence. An Act respecting cyber security, amending the Telecommunications Act and making consequential amendments to other Acts and its application to the insurance industry (C-8) Issues relating to emergency preparedness, response and recovery including a National Recovery Strategy, and the creation of a National Emergency Management Agency Expansion of the trade credit insurance market in Canada Proposed public-private partnership with the insurance industry to better protect Canadians in the event of a major earthquake. Issues relating to flooding including the creation of a low-cost high-risk National Flood Insurance program in partnership with the P&C insurance industry. Other issues include flood mapping and infrastructure investment. Developing a national approach and vehicle safety standards for the deployment of connected and automated vehicles Implementation of the National Adaptation Strategy and other issues relating to climate adaptation and including modernization of DFAA, DMAF, and infrastructure investments. Changes to the Minimum Capital Test (MCT) and solvency regulations. Changes to the reinsurance framework. Changes to other guidelines (i.e. Guidelines B10, B13, B15; Guidelines E13, E21, E23, etc.). Implementation of the national auto theft strategy and other solutions to combat the theft of vehicles in (and illegal export of vehicles from) Canada. National Coordination of provincial stolen and wrecked vehicle programs. (Transport Canada), with regard to allowing the exchange of information in order to prevent the fraudulent "re-VINing" of vehicles. This refers to the practice of changing the Vehicle Information Number (VIN) on a stolen or wrecked vehicle, thus facilitating its fraudulent re-sale. Financial sector policy and regulatory changes pursuant to the implementation of the United States-Mexico-Canada Agreement (USMCA), formerly North American Free Trade Agreement.

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