Industry
FAIR VALUE DEBATE MORE VIGOROUS THAN EXPECTED Fitch Ratings anticipated debates about fair value (FV) accounting in 2008, but “the increased scrutiny accounting received in the wider global finance debate exceeded our expectations,” the ratings agency notes in a recent report. The report is entitled, Accounting and Financial Reporting: 2009 Global Outlook. This year looks […]
January 31, 2009
1 min read
J. D. Power and Associates polled more than 10,000 Canadians to gauge their satisfaction with the country's insurance products. Some results were surprising...
By Lubo Li Senior Director, Canadian Financial Services And Insurance Practice Leader, J. D. Power And | January 31, 2009
7 min read
Brokers now have the option to outsource their IT infrastructure to third-party specialists called Application Service Providers (ASPs).
By Renee Durepos Vice President, Operations, Keal Technology | January 31, 2009
6 min read
Business Intelligence (B. I.) technology is now available that allows insurers to rate brokers using a wide array of metrics and standards.
By Giovanni Damiano Senior Vice President, Marketing, Chubb Insurance Company Of Canada | January 31, 2009
5 min read
A layman's guide to online recruiting.
By Don Givelos Managing Partner, DGA Careers | January 31, 2009
WICC Alberta held its Gold Flame Awards Lunch on Jan. 22 at StampedePark. More than 300 people heard Insurance Brokers Association of Alberta (IBAA) CEO Ginny Bannerman share her cancer experience. Local emcee Sandra Jansen of CTV kept it all on time, while comedienne Erica Sigurdon had them in stitches. At the luncheon, WICC Alberta […]
Dr. David K. Foot, professor of economics at the University of Toronto and author of the bestselling books Boom, Bust & Echo: How to Profit from the Coming Demographic Shift and Boom, Bust & Echo: Profiting from the Demographic Shift in the 21st Century, gave the keynote addresss at The Insurance Institute of Ontario’s Toronto […]
Most people observing the court proceedings associated with caps on payments for minor auto injuries expect the issue to go all the way to the Supreme Court. The recent decision in Nova Scotia’s Hartling case all but seals the deal. In Hartling, the Nova Scotia Supreme Court upheld the constitutionality of the province’s Cdn$2,500 cap […]
By David Gambrill, Editor | January 31, 2009
3 min read
RRJ Insurance Group/KRG Insurance Brokers have added Schofield-Aker Limited to the group. Earlier in January 2009, RRJ Insurance Group and KRG Insurance Group merged, with the companies continuing to operate under their respective names. “The addition of Mario Cervoni and his team will focus on developing business in the Oshawa and Durham region where they […]
By Canadian Underwriter | January 30, 2009
The Autorité des marchés financiers (AMF) has launched penal proceedings against a Quebec man for allegedly acting as a claims adjuster without being registered. The charges against Pierre Paquin have not been proven in court. The proceedings will be heard in the Court of Québec (Criminal and Penal Division), district of Rouyn-Noranda.The AMF is seeking […]
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