438 articles for Aug 2007
A Looming Threat
September 1, 2007 by Canadian UnderwriterDespite thwarted attempts and foiled plots Canadian businesses continue to face the risk of terrorist attacks.
OSFI issues letter clarifying amendments related to foreign insurers
August 20, 2007 by Canadian UnderwriterPending changes to the way the Canadian Office of the Superintendent of Financial Institutions (OSFI) oversees foreign property and casualty (P&C) insurers, OSFI will presume that as of Jan. 1, 2009, unless otherwise established, all risks reported on the books…
Lessons From New Orleans: Are We Ready?
August 1, 2007 Vanessa MarigaCanada could learn some lessons from Hurricane Katrina damage in New Orleans to prepare for this country’s next big earthquake
Profile: Continuity in Change
August 1, 2007 Vanessa MarigaOver the course of her 27-year career, Janice Ochenkowski, the incoming president for the Risk and Insurance Management Society (RIMS), has enthusiastically embraced adaptation as a means to further her professional life and lead an evolving profession.
Careful Not to Slip
August 1, 2007 Donna Ford, C.I.P. Member of the Law Society of Upper CanadaThe Ontario Court of Appeal issued a recent decision indicating a commercial retailer with an established risk management practice — even if not perfectly followed — can help protect against litigation related to slip-and-fall injuries
The Exclusion Migration
August 1, 2007 Raymond Cotter & Gayle MacDonaldDon’t look now, but the CGL Pollution Exclusion has just migrated to D&O policies
Commercial Claims: Canary in a Coal Mine?
August 1, 2007 David Gambrill, EditorCanada’s claims reality in 2007 is starting to catch up with the recent abundance of capital and concomitant rate decreases. Could this mean that the current ‘soft-market’ period may be reaching its apex, and the pendulum may start veering towards…
Demand for data loss liability coverage growing in Canada
August 1, 2007 byThe rapid increase of insider-related security breaches and of stolen computer equipment and data storage devices has unnerved the Canadian business community, creating a greater demand for data loss liability coverage products, says Aon Financial Services Group Canadian Advisory. “Under…
Insurance Industry Wants You
July 1, 2007 Margaret ParentThe Insurance Institute has a number of resources available to help recruit fresh new talent into the Canadian P&C industry
Reinsurance Outlook: Cultivating Capital
July 1, 2007 David GambrillCanadian reinsurers are enjoying a rare moment in history when the financial state of the industry is living up to the Canadian stereotype of stability — and maybe even the reputation of being a little bit dull. “Dare to be…
Reinsurance: Extreme Makeover
July 1, 2007 David Wilmot, Past Senior Vice President“Fast-money” seeking big returns – money that ultimately lands outside the reinsurance industry – is undermining the long-term viability of the reinsurance market
Putting the Archimedean Moments into Education
June 1, 2007 David GambrillKathi MacMillan, the education director of the Insurance Brokers Association of Alberta, has retired after 11 years of creating ‘Ah-hah!’ moments for her students