Risk
Northbridge Financial Corporation (TSX:NB), a Canadian commercial property and casualty insurance group, has announced net earnings of Cdn$45 million for 2007 Q1, compared to net earnings of Cdn$61.8 million for 2006 Q1.Underwriting profit was Cdn$18.1 million for 2007 Q1, a decline from underwriting profit of Cdn$26.3 million for 2006 Q1.The company attributed in the decline […]
By Canadian Underwriter | May 4, 2007
1 min read
Those who travel globally will be better covered thanks to a new comprehensive risk management package introduced by XN Financial. The new program can be customized to meet the needs of the traveller or travelers and is not limited to health care, preferred coverage, homeowners protection and concierge services. The vast majority of domestic insurance […]
By Canadian Underwriter | May 2, 2007
Janice Ochenkowski will be the new president of The Risk and Insurance Management Society Inc., beginning Sept. 1, 2007.RIMS made the announcement at the opening session of its annual conference exhibition, currently being held in New Orleans, L.A.Ochenkowski is the current vice president and director of RIMS and the managing director of Jones Lang LaSalle […]
By Canadian Underwriter | May 1, 2007
Insurance companies buy millions of dollars each year in goods and services from vendors – auto collision repair centres, lawyers, adjusters and appraisers, for example – and there is an emerging recognition among some carriers that supplier “spend management” can be streamlined. The prominent players in this game are “procurement” professionals who are increasingly popping […]
By Craig Harris | April 30, 2007
12 min read
Sean Corner, 21, credits the insurance community for helping him to bounce back from a tragic accident
By Vanessa Mariga | April 30, 2007
6 min read
New FA proposals will favour larger, standard auto insurance carriers over the smaller, non-standard and "grey-area" auto insurers
By Douglas E. McIntyre, Chief Executive Officer, Echelon General Insurance Company | April 30, 2007
8 min read
The Canadian property and casualty industry may have shown good financial results in 2006, but growth remains stagnant
By Joel Baker, President and CEO, MSA Research Inc., The National Insurance Conference of Canada | April 30, 2007
4 min read
Defence counsel say punitive damage awards are limited only by the scope of the plaintiff bar's imagination
7 min read
Education is key to limiting damage and injuries caused by air brake failures in trucks
By Clive Thomson, Fleet Technical Product Specialist, Risk Services, Zurich Canada | April 30, 2007
At first blush, selling a brokerage at two times commission revenue makes sense. So why are today's brokerages focussed on selling for three times commission?
By Barry Downs, President and CEO, Partners Indemnity Insurance Brokers Ltd. | April 30, 2007
3 min read
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