ILScorp Blog
The latest and greatest info from ILScorp!Postal Strike – Payment via ICS or credit card
We advise our brokerages that LScorp is on the ICS Courier route. ICS is Canada’s Business-to-Business Courier, more information about ICS can be found here. All business payments can be forwarded via ICS or can be made by calling ILScorp and paying via credit card at 1.800.404.2211.
Time is running out for the June 30 CE Deadline
The June 30 CE Credit Deadline is here! Don’t panic just yet. ILScorp has REAL PEOPLE standing by to help you meet your requirements. Chat with us live here on our website. Email us: info@ilscorp.com or call us 1-800-404-2211 and get your CE done today! Get online and get to work! CE with ILScorp is Fast, Easy and DONE!
New CE course for Alberta Insurance Brokers and Adjusters
This new course, Wawanesa Habitation Wording Update, is included as part of your ILS General CE and/or Adjuster CE Course Subscription and qualifies for 1 continuing education hour of credit. Alberta Insurance Adjusters and Alberta Insurance Brokers: AIC# 42949. The Wawanesa Habitation policy wordings are reviewed on a regular basis to ensure that the wordings are clear and consistent with Wawanesa’s underwriting and claims intent. In many instances, the Insurance Bureau of Canada (IBC) Advisory wordings were adopted. The wordings consist of two sections: Section I – Property Coverage and Section II – Liability Coverage. This wording booklet is also applicable to the habitational portion of Farm risks and is contained verbatim in ‘Your Farm Insurance Policy’
Insurance reporting to Fire Commissioner’s office re: Fort Mac Fires
Recognizing the burden the normal reporting system (Form 1242) would place on insurers and adjusters, the Office of the Fire Commissioner (OFC) has developed an abbreviated insurance loss system to capture fire loss data associated with the Fort McMurray fires. The OFC has developed a mapping solution that will allow companies to add the total fire loss and the loss payable by insurers. No other information will be required. What investigators collected in the mapping tool are direct fire losses. We created a simplified form so that adjusters can go in afterward and enter the claim amount, payout and totals. Look up the claimant’s address and you can edit each investigation to complete the loss report.
How many continuing education credits do I need to renew my insurance license?
QUESTION: As a Manitoba Adjuster, if I have completed a CE course in the past, but have taken it again this year, can I claim this towards my CE requirement?
ANSWER: Entry of CE for the same course more than once may be permitted on an exception basis only. If an agent wishes to claim credit for a course more than once, the agent must contact Council for prior approval and
provide written reasons. This review is subject to the individual course review fee of $50.
New Amendments to the AODA Customer Service Standard Announced
The Ontario Government announces amendments to the Accessibility Standards for Customer Service. Commencing July 1, 2016, there will be some significant changes to the Customer Service Standard under the AODA. With the changes announced to the Customer Service Standard, many organizations will have additional people that require training. ILScorp offers an online AODA training course that includes the mandated information and provides proof of training. This is a quick and easy way to train those staff, volunteers, and Board Members who will be required receive it. This course also qualifies for 1 RIBO Management CE hour.
What is CIPR?
CIPR is short for Canadian Insurance Participant Registry. The Canadian Insurance Participant Registry (CIPR) provides a single, secure, self-serve service where regulated parties can maintain, and control access to, their personal information. All registrants receive a unique identifier called their CIPR # which can be used to identify them to all signatories to the Registry including insurance regulators in all jurisdictions across the country, and eventually, participating insurers, LLQP providers, continuing education providers, etc. Additionally, signatories have the option of delegating participant authentication to the Registry so registrants can use a single id and password to gain access to regulator sites across the country.
Alberta Continuing Education FAQs
June 30, is the continuing education deadline for all insurance professionals in Alberta. Here are answers to some of the most common questions asked by Agents, Brokers and Adjusters on Continuing Education Requirements in Alberta. Q: What are the Certificate Terms for Continuing Education? A: Life and Accident & Sickness insurance agents, General insurance agents and Adjusters are required to complete in each certificate term at least 15 hours of approved continuing education courses. Effective July 1, 2014, a “certificate term” means the period beginning on July 1 and ending on the next June 30.
Well done BC and MB… ALBERTA you’re up!
JUNE 1st! Another renewal year for BC insurance professionals and Manitoba Agents has gone by without a hitch! As many insurance professionals take a collective sigh of relief this morning, (and staff at ILScorp too) Alberta Agents and Adjusters are hard at work with less than 30 days till their continuing education deadline. Yes, June 30 is the Continuing Education Deadline for ALL of Alberta. Continuing Education Requirements for Alberta Resident Agents and Adjusters. Life and Accident & Sickness insurance agents, General insurance agents and Adjusters who hold a certificate of authority must obtain 15 hours of continuing education credits as a condition of renewing their certificate of authority.