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Regulating Internet insurance

August 1, 1999 Brian Reeve, partner at Cassels Brock & Blackwell

The difference between an Internet presence and soliciting business through the Internet can be significant in terms of legal exposure. With the serious growth seen in commercial entities on the web over recent years, the regulators are now beginning to address some of the legal accountability issues of jurisdiction and local laws. However, for the time being, selling insurance over the Internet holds many legal pitfalls.

The Peripatetic Rep:
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Communicating, with the “Write Stuff”

August 1, 1999 Axiom

The angular figure of our senior underwriting manager emerged from the elevator facing me, and, as usual, Judy’s face was a mirror of her inner feelings. It was also quite clear that these feelings were not too positive. She grunted

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Factory Mutuals Finalize Merger

August 1, 1999 Steven Zenofsky, public relations consultant at FM Global

There’s a new insurance company on the block with a 165-year history, following the recent merger of commercial/industrial property insurers Allendale Insurance, Arkwright, Protection Mutual Insurance and their affiliate Factory Mutual. The new company will market itself as FM Global.

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Insurers offshore BOUND

August 1, 1999 Michael Hlinka

Several months ago Northern Telecom shook the Canadian business community when it announced plans to relocate to the U.S., mainly due to the high personal income tax structures in Canada which make it difficult if not impossible to compete against

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Brokerage advances

August 1, 1999 by Canadian Underwriter

Calgary-based brokerage network Canada Brokerlink Inc. (TSE: CKK) has disclosed plans to purchase back approximately 5% of its issued normal shares (1,794,233 shares). This step is in response to what the company believes as being a current under-valuation of its

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CRIMS 99 Conference highlights

August 1, 1999 by Canadian Underwriter

Monday, September 20 Plenary session at 8:30am examining Swiss Air Flight 111 which crashed off the coast of Halifax, Nova Scotia. How did the government of Nova Scotia deal with this terrible tragedy and what lessons can be learned? Government

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Coming Events (August 01, 1999)

August 1, 1999 by Canadian Underwriter

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. Canadian Insurance Accountants Association:

FITZGERALD
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Zurich launches retail plan

August 1, 1999 by Canadian Underwriter

Peopleplus Insurance Company, a member of Zurich Financial Services Group, recently announced a partnership with Hudson’s Bay Company to launch a private label car and home insurance program. The group scheme, available exclusively to Bay and Zeller’s credit card holders,

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U.S. debate predicts “E-Revolution” for insurance

August 1, 1999 by Canadian Underwriter

The property and casualty insurance industry in North America will have to come to grips with the growth in e-commerce — in terms of client demands for cover as well as managing their own exposures to the Internet, a national

KOVACS
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Canadian First-Quarter Weak

August 1, 1999 by Canadian Underwriter

Business conditions for the Canadian property and casualty insurance industry remained weak for the first quarter of this year, with auto and personal property showing increased loss ratios across Ontario and Atlantic Canada, says Paul Kovacs in the Insurance Bureau

wyseman
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On The Move (August 01, 1999)

August 1, 1999 by Canadian Underwriter

St. Paul Fire and Marine Insurance Co. has announced Doug Wyseman, a leader in the field of risk management for the public sector, has joined the company to establish niche loss control services for its new public sector insurance division.

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Queensway’s court coup

August 1, 1999 by Canadian Underwriter

Achange in senior executive positions at Toronto-based Queensway Financial Holdings Ltd. (TSE: QFH) has resulted in a shift in power from Canadian to U.S. management. A statement recently released by the company says James Petcoff and Mathew Petcoff will be