New

May 22, 2024

Canadian Underwriter Podcast – What’s on Dec? | Episode 15 | What’s shaking with quake?

Recently, PACICC’s President and CEO Alister Campbell was welcomed to speak on a Podcast hosted by Canadian Underwriter. The discussion focused on what is required for government to implement an earthquake backstop, now that the flood program is rolling out. Please click here to listen.

Media

Pandemic a reminder Canada’s insurance industry needs a government backstop for catastrophic events

October 13, 2020

Pandemic a reminder Canada’s insurance industry needs a government backstop for catastrophic events

Article from the Globe and Mail

Press Releases

PACICC Appoints a New Board Chair and Welcomes New Board Members

April 23, 2024

PACICC Appoints a New Board Chair and Welcomes New Board Members

TORONTO, ON — The Property and Casualty Insurance Compensation Corporation (PACICC) held its 35th Annual General Meeting on April 11.  At the meeting, Member Insurers ratified a new slate of Directors, including the appointment of a new Board Chair, Dave Oakden, former Chief Actuary, OSFI. Also new to the Board, and serving as an Independent […]

PACICC Board makes inflation adjustment for personal lines benefit limits First-time implementation of new inflation-protection policy

April 23, 2024

PACICC Board makes inflation adjustment for personal lines benefit limits First-time implementation of new inflation-protection policy

First-time implementation of new inflation-protection policy  TORONTO, ON — The Board of Directors of the Property and Casualty Insurance Compensation Corporation (PACICC) approved a first-time implementation of its new inflation-adjusted limits for Personal Property and Automobile lines of business at its April 11 Board Meeting.  The idea of incorporating inflationary adjustments into benefit limits was […]

PACICC Expands Board of Directors

April 14, 2020

PACICC Expands Board of Directors

The Property and Casualty Insurance Compensation Corporation (PACICC) held its 31st Annual General Meeting entirely via Zoom video-conferencing on April 9. At the meeting, Member Insurers ratified an expanded slate of Directors. New to the Board, and serving as an Independent Director is David MacNaughton, President of Palantir Canada and former Canadian Ambassador to the United States of America. Also joining the Board as designated Insurer Members are Christian Fournier, President and Chief Operating Officer of La Capitale Financial Group and Brian Esau, President and CEO of Red River Mutual.

Coverage and Benefits Change 2020

April 14, 2020

Coverage and Benefits Change 2020

The Property and Casualty Insurance Compensation Corporation (PACICC) held its 31st Annual General Meeting entirely via Zoom video-conferencing on April 9. At that meeting, Member Insurers were notified that proposed changes to coverage and benefits had received unanimous approval from Canada’s provinces and territories. Immediately after the AGM, the PACICC Board formally approved a resolution regarding these changes − which take effect immediately.

IFIGS Press Release

December 13, 2019

IFIGS Press Release

At its Annual Meeting held at the Capitol Hilton in Washington, D.C. last week, the Membership of the International Forum of Insurance Guarantee Schemes (IFIGS) named Alister Campbell, CEO of Canada’s Property and Casualty Insurance Compensation Corporation (PACICC), as Chair.

Alister Campbell named as next CEO of PACICC

December 3, 2018

Alister Campbell named as next CEO of PACICC

The Property and Casualty Insurance Compensation Corporation (PACICC) is pleased to announce that Alister Campbell has been appointed Chief Executive Officer of the Corporation, to take effect February 4, 2019.