Features
Hi-Alta hitting its marks
October 1, 1999 by Canadian UnderwriterScott Tannas, president of Alberta-based broker consolidator Hi-Alta Capital Inc., says his company has reached important benchmarks at the 1999 six quarter mark. “We are judged by our operating margins and our EBITDA (earnings before interest, taxes, depreciation and amortization)…
News (October 01, 1999)
October 1, 1999 by Canadian UnderwriterAngela Haywood, the 1998 winner of The Sovereign Award, which each year recognizes superior achievement by a graduate of the Risk and Insurance Management Program at the University of Calgary, is congratulated by (left) P.A. Parkin, Sovereign General’s vice president…
On The Move (October 01, 1999)
October 1, 1999 by Canadian UnderwriterThe Risk and Insurance Management Society (RIMS) has announced Christine Zahn has been named as the new director of events management and Mary Roth has been named to the newly created position of deputy executive director. Zahn, who joined RIMS…
ICPB Anti-theft drive
October 1, 1999 by Canadian UnderwriterEngaged in a constant battle to improve costs associated with auto insur- ance, insurers are focusing much attention on reducing auto theft and alerting the insured public about the phenomenon. According to Bill Atchison, acting chief operating officer of the…
RAISING the tide of EDUCATION
October 1, 1999 Lowell ConnKen Orr, incoming president of the Insurance Brokers Association of Ontario (IBAO), believes brokers need to invest further in continuing professional development. Despite a successful launch of the IBAO’s “travelling education road show” in the past term, early returns suggest…
Industry looks outward to control auto costs
October 1, 1999 Lowell ConnA recent Competition Bureau decision favoring “insurer preferred bodyshops” has provided auto property and casualty insurance companies with much needed ammunition in a pending court battle with the City of Toronto to overrule a longstanding by-law prohibiting the establishment of…
Money Laundering Legislation with BITE
October 1, 1999 Nikki McManus, a freelance writerCanada is big business — amounting to some $17 billion each year. And, although Canada’s money recycling black market is minor in global terms (which the U.N. estimates to be $1 trillion worldwide), there are weaknesses in the current financial…
Provincial Regulatory Harmonization: Cutting the RED TAPE of classes
October 1, 1999 by Canadian UnderwriterIs a new subsidiary, new product or policy form on the horizon for your company? If so, better be prepared for slippery target dates. Lengthy delays in licensing can occur when companies or their brokers develop new products which don’t…
The Peripatetic Rep: Four disciplines, one vision
October 1, 1999 AxiomAs we completed our tour of the brokerage’s renovated offices, Saul led me into a small boardroom on the second floor. Three men sitting around the table rose to their feet. “Dave,” he said with a smile, “meet my three…
The Future of Financial Services Regulation
October 1, 1999 Michael HlinkaLast June the federal government released its white paper on financial services regulation. While the gist of the paper was very much in favor of protecting the existing rights of members of the property and casualty insurance industry, contained within…
Coming Events (October 01, 1999)
October 1, 1999 by Canadian UnderwriterAnnouncements 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. Toronto Insurance Women’s Association:…
Delphi launches ebix.com to U.S. insureds
October 1, 1999 by Canadian UnderwriterDelphi Information Systems has officially launched ebix.com, their internet-based data exchange system that allows insurers, brokers and consumers to communicate, exchange quotes and conduct business online. Currently, only U.S. consumers can purchase insurance through the site. As first reported in…