Risk
There is a patriotic undertone to this year's Canadian Risk & Insurance Management Society (CRIMS) national conference -- "Risk on the Rock" -- which will be held in St. John's Newfoundland this coming September. In addition to hosting one of Canada's premier national conferences, the province is also celebrating its fiftieth year of Canadian confederacy.
By Lowell Conn | July 31, 1999
4 min read
Industry
The difference between an Internet presence and soliciting business through the Internet can be significant in terms of legal exposure. With the serious growth seen in commercial entities on the web over recent years, the regulators are now beginning to address some of the legal accountability issues of jurisdiction and local laws. However, for the time being, selling insurance over the Internet holds many legal pitfalls.
By Brian Reeve, partner at Cassels Brock & Blackwell | July 31, 1999
6 min read
Claims
The angular figure of our senior underwriting manager emerged from the elevator facing me, and, as usual, Judy’s face was a mirror of her inner feelings. It was also quite clear that these feelings were not too positive. She grunted a perfunctory greeting to me. We walked out of our company’s front doors and stood […]
By Axiom | July 31, 1999
9 min read
There’s a new insurance company on the block with a 165-year history, following the recent merger of commercial/industrial property insurers Allendale Insurance, Arkwright, Protection Mutual Insurance and their affiliate Factory Mutual. The new company will market itself as FM Global. FM Global customers now have a single organization to deal with and a stronger global […]
By Steven Zenofsky, public relations consultant at FM Global | July 31, 1999
3 min read
Several months ago Northern Telecom shook the Canadian business community when it announced plans to relocate to the U.S., mainly due to the high personal income tax structures in Canada which make it difficult if not impossible to compete against American companies for employee talent. In mid-June, Finance Minister Paul Martin broadly addressed the “brain […]
By Michael Hlinka | July 31, 1999
Commercial
Calgary-based brokerage network Canada Brokerlink Inc. (TSE: CKK) has disclosed plans to purchase back approximately 5% of its issued normal shares (1,794,233 shares). This step is in response to what the company believes as being a current under-valuation of its share price. According to a statement issued by the board of directors, the repurchase of […]
July 31, 1999
2 min read
Monday, September 20 Plenary session at 8:30am examining Swiss Air Flight 111 which crashed off the coast of Halifax, Nova Scotia. How did the government of Nova Scotia deal with this terrible tragedy and what lessons can be learned? Government personnel directly involved with the disaster will share their experiences. The second plenary session, entitled […]
1 min read
Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. Canadian Insurance Accountants Association: Annual Conference. Contact Paul Mann at 905-274-2722. The Prince Edward Hotel, Charlottetown, PEI. Sept. 19-22. […]
Peopleplus Insurance Company, a member of Zurich Financial Services Group, recently announced a partnership with Hudson’s Bay Company to launch a private label car and home insurance program. The group scheme, available exclusively to Bay and Zeller’s credit card holders, marks the latest foray by an insurer in marketing insurance to retail-chain customers. Peopleplus was […]
The property and casualty insurance industry in North America will have to come to grips with the growth in e-commerce — in terms of client demands for cover as well as managing their own exposures to the Internet, a national live broadcast debate recently held by the U.S. Chartered Property Casualty Underwriters Society (CPCU) decided. […]
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