Operations

Family reception for late Arthur Despard moved to June 21

The family of the late Arthur Despard has decided to postpone a previously-announced reception to celebrate his life. The family originally planned to hold a reception on Saturday, May 20 (what would have been Despard’s 73rd birthday). However, since this date is the start of the Victoria Day holiday weekend, the gathering for friends and […]

By Canadian Underwriter | April 28, 2006

1 min read

Operations

CertifiedFirst welcomes new chairman

Members of the CertifiedFirst Network of collision repair centres advisory council elected Ken Friesen, president and CEO of Concours Collision Centres in Calgary, AB, to the position of chairman of the Council this April during the Council’s 4th annual meeting held in Vancouver, B.C.. Friesen offers over 35 years of experience in the collision repair […]

By Canadian Underwriter | April 19, 2006

1 min read

Operations

SGI helps Manitoba produce photo ID cards

Saskatchewan Government Insurance (SGI) and Manitoba Public Insurance (MPI) are teaming up to produce photo ID cards for drivers in both provinces.The SGI/MPI partnership is intended to provide Manitoba with a reliable, cost-effective replacement for its current photo ID card technology, which, SGI says in a press release, “is rapidly nearing the end of its […]

By Canadian Underwriter | April 10, 2006

2 min read

Operations

Anthony Clark International closes private placement

Anthony Clark International Insurance Brokers Ltd. (TSX: ACL) has closed the CD$126,000.00 private placement of the Company at a price of CD$0.60 per unit. The private placement proceeds will be added to the Company’s working capital.Pursuant to the private placement, the Company has issued 213,500 Units (3,500 of these Units were issued to Canaccord Capital […]

By Canadian Underwriter | March 21, 2006

1 min read

Canadian regulators weigh in on disclosure

The Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO) in February issued a consultation paper that contains three recommendations for harmonizing best practices across the country so as to avoid conflict of interest situations. The Industry Practices Review Committee (IPRC) presented the recommendations to the CCIR-CISRO in the form […]

February 28, 2006

2 min read

Regulators issue recommendations for avoiding conflicts

The Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO) have issued a third consultation paper that includes three recommendations for harmonizing best practices across the country so as to avoid conflict of interest situations. The Industry Practices Review Committee (IPRC) presented the recommendations to the CCIR-CISRO in the form […]

2 min read

Aberta aims safety sights on highways

A new six-month pilot with the goal to increase safety on Alberta highways recently commenced. The project, which aims to quell the growing concern of traffic safety, involves Provincial Protection Officers (PPOs) from Alberta Solicitor General and Public Security working with RCMP officers to perform traffic safety patrols.”This pilot project is one example of how […]

1 min read

Anthony Clark announces private placement (February 01, 2006)

Anthony Clark International Insurance Brokers Ltd. (TSX: ACL) recently implemented a non-brokered private placement of up to 334,000 units at a price of $0.60 per unit to raise gross proceeds of up to $200,400. The general insurance broker reports that each unit will be comprised of one common share and one share purchase warrant. The […]

1 min read

Alberta drivers get visual cue into road safety

A new system of camera-equipped road weather information stations that enables motorists to preempt road conditions before hitting the road, has recently been launched on Alberta’s highways. Motorists are able to asses road risks prior to leaving the house as they are can view photos of various provincial locations on Alberta’s highway network at www.ama.ab.ca, […]

2 min read

Sovereign General will defend against AMF allegations

The Sovereign General Insurance Company says it was “stunned” by recent accusations made against the company by the Autorite des Marches Financiers (AMF), according to a Jan. 17 company press release.The Sovereign General release says the AMF posted notices of indictment on Jan. 12, 2006 against broker Flanders Insurance Management, a Flanders executive and Administrative […]

1 min read