News

Spending on operational risk management to increase in 2007

Emphasis and spending on operational risk management will increase substantially in 2007, according to a recent study by AMR Research. The study reveals 46% of firms surveyed plan to implement or evaluate technologies for risk management in the next one to two years. The emergence of risk management as a critical practice is based on […]

January 31, 2007

1 min read

One in five consumers switch insurers after first accident

About 20% of customers consider switching insurance companies after experiencing the collision claim process, according to a new U.S. study. J.D. Power and Associates’ 2006 Collision Repair Satisfaction Study found that 7% of customers chose not to file a claim with their insurer after their most recent collision. And yet, although more than 30% of […]

January 31, 2007

1 min read

Moves (February 01, 2007)

Ral Circ, the president and CEO of La Capitale General Insurance, officially retired as of Jan. 4, 2007 after 25 years at La Capitale. Circ spent almost 18 years as the president and CEO of the company. “Mr. Circ has left La Capitale General Insurance and its employees in very good hands,” La Capitale announced […]

January 31, 2007

3 min read

Space-Age Dinosaurs

Why so-called 'legacy systems' aren't yet extinct from Canada's P&C insurance landscape

By David Gambrill | January 31, 2007

14 min read