Risk
Canada's solvency regulator, the Office of the Superintendent of Financial Institutions (OSFI), is asking the industry for its opinion on the future direction of reinsurance regulation.
January 31, 2009
8 min read
Technology has evolved to a point when brokers may soon be able to use XML standards to communicate with multiple insurers using broker management systems. But what will that mean for carriers' individual Web portal solutions?
14 min read
In the absence of perfect, 100% insurance to value, our hard-earned premium dollars may be subsidizing our neighbour's premium.
7 min read
A seized economy is causing brokers and I. T. vendors alike to re-examine what it would take for brokers to go ahead and revamp their I. T. systems
6 min read
In a song from the album 'Strange Days,' Doors' singer Jimmy Morrison asks for the world; social media is a way for insurers to respond to consumers' desire to have it all.
1 Harry Belmont, a former Carstar Automotive Canada franchise owner who sparked the company’s Cystic Fibrosis fundraising efforts, has passed away. Belmont was a former Carstar franchise owner who opened a Carstar location in Mississauga in 1995 and ran a successful business until he sold it in 2004. When his granddaughter was diagnosed with Cystic […]
4 min read
W. J. Sutton & Co. celebrated its 30th anniversary with clients, brokers, markets, friends and family at The Dominion Club at 1 King St. West in Toronto (formerly a bank). The location for the celebration was symbolic: 30 years ago, in the same location, company founder Bill Sutton negotiated a bank loan to start the […]
1 min read
The William H. McGannon Foundation teamed up with Junior Achievement Central Ontario to host the annual Student Management Training Seminar, offering high school students insight into a career in risk management. More than 220 students and 33 volunteer advisors from across the Toronto, York, Halton and Peel Region areas participated in the event on Dec. […]
The holiday spirit kicked into high gear when members and friends of the Ontario Risk and Insurance Management Society (ORIMS) attended the 2008 ORIMS Christmas Luncheon on Dec. 18 at Toronto’s Hilton. Based on raffle ticket sales at the event, ORIMS funded a cash donation of Cdn$6,285 to the Daily Bread Food Bank. The ORIMS […]
'Faulty Design' Exclusion; In a narrow decision, the Supreme Court of Canada ended a 15-year legal saga based on a 'faulty design' exclusion. The scope of the decision may be more limited than people think.
December 31, 2008
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