Risk
On paper, the Canadian property and casualty insurance industry’s earnings performance for the first two quarters of this year would strongly suggest at a rebound in real growth. In fact, Canadian insurers came home for the first half of this year with favorable figures across the performance ratios of almost double that of their southern […]
October 31, 2000
4 min read
When Scot Dalton sold Dalton & Associates brokerage to the Cowan Insurance Group, it was not to step out of the insurance game. On the contrary, Dalton was ready to lead Cowan into the e-commerce world, as the country's first online, multi-quote brokerage. Now, after two years of planning and development, cowaninsure.com has hit the information superhighway, with long-term plans to stay ahead of the pack.
6 min read
John J. Hampton has been appointed executive director of the Risk and Insurance Management Society (RIMS). A former insurance and finance consultant, Hampton has also served as provost of The College of Insurance and SUNY Maritime College, as well as authoring several insurance related publications. Canadian Northern Shield has named Jim Caudle, former president of […]
1 min read
Advantages of the broker distribution channel: convenience name brand choice relationship first-hand knowledge of risk local service good product to risk matching dollars stay in local community
September 30, 2000
Much has been written about the effect on the working situation of principal partners of an independent insurance brokerage upon its consolidation or purchase by a consolidator or an insurance company. One of the key issues this evolution has created is how does the individual broker integrate the sale of his business with his/her own personal financial and/or retirement plans.
The first phase of Bill C-6, the federal government’s Personal Information Protection and Electronic Documents Act, becomes law on January 1, 2001. Only Canada’s Schedule-A banks, wholly regulated companies such as Air Canada and Bell, and data gathering organizations such as Equifax credit reporting which trade in personal information over provincial and international borders must […]
10 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. Waterloo Region Insurance Professionals Dinner Meeting. Kitchener, ON. Contact Lisa Donkers for details at 519-888-9684. October 17. Insurance Brokers […]
2 min read
The Insurance Brokers Association of Canada has named Brendan Wycks as its new executive director, effective this month. Wycks has 17 years of management experience, including director of the executive office at the Institute of Chartered Accountants of Ontario for the past eight years. The CG&B Group has announced the purchase of brokers G.C. Carley […]
The dramatic incident that took place in Walkerton, Ontario during the final two weeks of May, 2000 will go down in history as a tragic example of the suffering and disruption that can occur when municipal and provincial agencies fail to act on system safeguards. The events that led up to the contamination of Walkerton's water supply present valuable lessons in risk management as well as serious considerations for insurers underwriting municipal risks.
August 31, 2000
With the globalization of business, companies are increasingly opening themselves up to exchange rate risk.
9 min read
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