Industry
Canadian companies are generally nearer the starting gate than the finish line when it comes to preparing for the country’s transition to International Financial Reporting Standards (IFRS), a survey by the Chartered Accountants of Canada (CA) has found. Just over half of the 550 senior executives in Canadian companies surveyed indicated their company would need […]
April 30, 2008
1 min read
WICC Ontario held its 12th annual gala dinner on March 25, 2008 at The Westin Harbour Castle Hotel in Toronto. This dinner has become one of the key fundraising events for WICC and has grown tremendously since its inception over 12 years ago. WICC and its industry supporters have come a long way together from […]
5 min read
Claims and financial data over the past few years support the notion that Canada's auto insurance results are guided by what happens in the Ontario auto market
By Barb Sulzenko-Laurie, Vice-President, Policy Development, Insurance Bureau Of Canada | April 30, 2008
As implemented, Ontario's Bill 18 may have protected the interests of car leasing and rental companies, but perhaps not the interests of their insurers
By Donna Ford | April 30, 2008
8 min read
The contention that “strong” premium growth is a feature of the current soft market is laughable because the industry is currently seeing a poor spread of risk premium, Fred De Francesco of Fairview Insurance Brokers told the CIP Society’s Symposium 2008 in Toronto.De Francesco said the industry has spent too much time chasing after the […]
By Canadian Underwriter | April 30, 2008
2 min read
Spencer Educational Foundation Inc. has announced at the Risk and Insurance Management Society (RIMS) 2008 Annual Conference & Exhibition that it intends to award more than US$266,000 to select undergraduate, graduate and doctoral students in the risk management and insurance disciplines. In addition, US$160,000 will be used towards the foundation’s programs and university grants. Spencer […]
Environment Canada has released new regulations for limiting concentrations of Volatile Organic Compounds (VOC) in the use of automotive refinishing products such as paint.The proposed VOC concentration limits for automotive refinishing products are anticipated to result in a cumulative reduction of 71.2 kilotonnes in VOC emissions over 25 years, the government notes in its newly […]
The standards of licensing and supervision of insurance sellers should be determined not by their “method of sale,” but by the substantive attributes of the product sold, the Insurance Brokers Association of Canada (IBAC) has told a working group of the Canadian Council of Insurance Regulators (CCIR).The CCIR and the Canadian Insurance Services Regulatory Organization […]
Diane Wolfson, a member of the Quebec chapter of the Risk and Insurance Management Society (RIMS) was awarded the Harry and Dorothy Goodell Award during the RIMS 2008 General Session in San Diego, California. The prestigious award was likened to a lifetime achievement award by Janice Ochenkowski, RIMS president. Wolfson, director of risk management, CAE, […]
By Canadian Underwriter | April 29, 2008
The Ontario Bar Association (OBA) has bestowed its 2008 Award for Excellence in Insurance Law to Geoffrey D. Adair of Adair Morse LLP and John F. Evans of Evans Sweeny Bordin LLP.The OBA award recognizes members for exceptional achievements, distinguished service and contributions in the areas of leadership, advocacy, teaching, writing and/or legislative reform.Adair is […]
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