Risk
One challenge for the industry in 2007 will be to avoid a collapse of the important distinction between independent brokers and captive agents
By Robert (Bob) Tisdale, President and CEO, Pembridge Insurance Company | April 30, 2007
6 min read
Industry
In a fictional world, we see John, an auto body shop owner, relaxing in his boat, enjoying the beautiful day. John looks at his reflection in the still water below. He is amazed to see how clear the picture is. He can see all the fine details of his reflection, as well as the reflection […]
By Lianne Perissinotti, Director of Marketing, Collision Solutions Network | April 30, 2007
Sales get all the attention, but underwriting, claims and actuarial departments are equally essential to preserving underwriting rationality and market discipline
By Rowan Saunders, President and CEO, Royal & SunAlliance Insurance Company of Canada | April 30, 2007
4 min read
One of the fundamental questions a journalist asks when profiling a person involved in the insurance industry is: “How did you end up working within the insurance industry?” Almost invariably the word “accident” appears in the resultant story. The typical industry recruitment anecdotes go something like this: “I was trying to decide between a Master’s […]
By David Gambrill, Editor | April 30, 2007
3 min read
Echelon is strongly opposed to the Ontario Facility Association’s most recent proposal to redesign its residual market structures, according to a statement from the company. “The proposed changes would revamp the current Risk Sharing Pool (RSP) –which was originally designed to provide partial and temporary relief to insurers who are adversely affected by ‘take-all-comers’ regulations […]
April 30, 2007
1 min read
Manitoba Public Insurance [MPI] intends to invest Cdn$5 million over the next three years in a training partnership aimed at Manitoba’s commercial trucking business. “Over the next three years, annual injections of Cdn$1.65 million will help up to 750 Manitobans become Class 1 drivers –a skill in serious demand as the trucking industry deals with […]
Auto
Chevrolet models hold the top spot for both highest and lowest death rates, according to a recent Insurance Institute for Highway Safety (IIHS) study that examined the rates of driver deaths in collisions. The lowest death rate among more than 200 vehicles is the Astro minivan. The vehicle’s death rate was 7 deaths for every […]
Twenty Manitoba car thieves will be fitted with GPS tracking devices in the fall as part of a one-year pilot project to fight auto theft, according to the CBC. “Under the program, the highest-risk repeat offenders will wear location-monitoring devices such as ankle bracelets,” the CBC reported on its Web site. Citing Manitoba Justice Minister […]
The Canadian Insurance Professio-nals Society (CIP), the professionals’ division of the Insurance Institute, has launched a series of monthly “emerging trends and issues” papers to focus discussion by experts on a variety of leading-edge topics. The first in the series is an analysis of pandemics, which is currently available to members online. Subsequent papers are […]
7 min read
With over 650 in attendance, ING Canada was awarded the “Lew Dunn Memorial Award” by WICC at the WICC Ontario 11th Anniversary Annual Fundraising Dinner – “Fire & Ice’, April 10, 2007 at the Westin Harbour Castle Hotel in Toronto. The Lew Dunn Memorial Award The Lew Dunn Memorial Award is in memory of Lew […]
2 min read
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