Risk
Angela Haywood, the 1998 winner of The Sovereign Award, which each year recognizes superior achievement by a graduate of the Risk and Insurance Management Program at the University of Calgary, is congratulated by (left) P.A. Parkin, Sovereign General’s vice president of branch operations and (right) M.J. Goertzen, Sovereign’s Alberta branch manager.
September 30, 1999
1 min read
The Risk and Insurance Management Society (RIMS) has announced Christine Zahn has been named as the new director of events management and Mary Roth has been named to the newly created position of deputy executive director. Zahn, who joined RIMS in 1989 as a conference assistant, will oversee all planning aspects of the RIMS Annual […]
2 min read
Auto
Engaged in a constant battle to improve costs associated with auto insur- ance, insurers are focusing much attention on reducing auto theft and alerting the insured public about the phenomenon. According to Bill Atchison, acting chief operating officer of the Insurance Crime Prevention Bureau (ICPB), not only are stolen car numbers rising, but conversely, the […]
Industry
Ken Orr, incoming president of the Insurance Brokers Association of Ontario (IBAO), believes brokers need to invest further in continuing professional development. Despite a successful launch of the IBAO’s “travelling education road show” in the past term, early returns suggest brokers across the country took fewer courses last year. First-year licensing enrollment, an indicator of […]
By Lowell Conn | September 30, 1999
5 min read
A recent Competition Bureau decision favoring “insurer preferred bodyshops” has provided auto property and casualty insurance companies with much needed ammunition in a pending court battle with the City of Toronto to overrule a longstanding by-law prohibiting the establishment of insurer-backed repair shops. The use of preferred bodyshops has gained momentum across the provinces as […]
4 min read
Canada is big business — amounting to some $17 billion each year. And, although Canada’s money recycling black market is minor in global terms (which the U.N. estimates to be $1 trillion worldwide), there are weaknesses in the current financial business system which have garnered international attention. As such, Canada’s legislators recently proposed amendments to […]
By Nikki McManus, a freelance writer | September 30, 1999
Is a new subsidiary, new product or policy form on the horizon for your company? If so, better be prepared for slippery target dates. Lengthy delays in licensing can occur when companies or their brokers develop new products which don’t fit into existing definitions, or when the anticipated volume of business is so low that […]
As we completed our tour of the brokerage’s renovated offices, Saul led me into a small boardroom on the second floor. Three men sitting around the table rose to their feet. “Dave,” he said with a smile, “meet my three partners: Ted who handles our personal lines business, Ian who looks after the life side […]
By Axiom | September 30, 1999
8 min read
Last June the federal government released its white paper on financial services regulation. While the gist of the paper was very much in favor of protecting the existing rights of members of the property and casualty insurance industry, contained within the proposed legislation are three areas of issue: The future establishment of a federally-charged ombudsman […]
By Michael Hlinka | September 30, 1999
9 min read
Queensway Financial Holdings Ltd. (TSE: QFH), recently the subject of a management purge by new U.S.-based majority stakeholders, has released its second quarter figures posting a significant loss over last year’s figures. For the first six months of 1999, the company reports a net earnings loss of $27.1 million in contrast to a net earnings […]
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
