Risk
MUTATED VERSION OF H1N1 POSSIBLE BY END OF THE YEAR: MARSH Global insurance broker and risk advisor Marsh is warning businesses to be prepared for the possible outbreak of a second, more severe mutation of influenza A (H1N1) later this year. Toby L. Merlin, M. D., deputy director of the influenza coordination unit at the […]
May 31, 2009
1 min read
Once thought to be too complex an area for technological automation, commercial lines have emerged in the forefront of an eternal quest to find the ultimate, real-time data transfer between brokers and their markets.
14 min read
Historically developed to respond primarily to fire damage, homeowners' policies are now called upon to respond to water damage and flood perils.
5 min read
Insurers fail primarily due to rapid growth, insufficient loss reserves and price inadequacy.
CEOs at the IBAA's annual general meeting suggest the allowed use of credit for underwriting purposes should be based on improved public education, clear regulation and competitive fairness.
6 min read
For the first time in the country's history, Canadian airlines are being led by a Canadian-based insurer.
4 min read
1 Cathy S. Ramsundar was appointed president of the Toronto Insurance Women’s Association (TIWA). TIWA is the Toronto chapter of the Canadian Association of Insurance Women (CAIW). She received the appointment at the associations’s annual general meeting on May 19. Ramsundar is an associate insurance broker with Mitchell Sandham Inc. in Ajax, Ontario. She has […]
The Ontario Risk and Insurance Management Society (ORIMS) hosted its AGM and dinner on May 21 at the Royal York Hotel in Toronto. ORIMS president Steve Pottle introduced and thanked the 2009 council; he then announced a Cdn$5,000 donation to Habitat for Humanity before turning the spotlight over to Dave La Fame, a singer-comedian who […]
A national forum would provide an opportunity for the entire insurance industry to speak in the voice of a collective whole, rather than as individual actors in a production lacking overall choreography.
April 30, 2009
3 min read
STRICT RATE REGULATION HAS INDIRECT ROLE IN INSOLVENCIES: PACICC Inadequate pricing is the primary reason why insurers fail, and strict rate regulation is among several contributors to inadequate pricing, the Property and Casualty Insurance Compensation Corporation (PACICC) says in its recently released report, Why Insurers Fail: Inadequately Pricing the Promise of Insurance. PACICC’s most recent […]
2 min read
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