Grounhog Day
September 1, 2007 by Canadian UnderwriterCanada’s insurance industry is once again seeing the long shadow of rising claims costs just outside its door. What will it do next?
Steering in a New Direction
September 1, 2007 Vanessa MarigaThirty-seven years ago, Mike Donoghue, now the president and CEO of Allstate Insurance Company of Canada, joined Allstate because the gig included the use of a company car. He’s come a long way since then; now he is the chair…
AMF proposes derivatives regulatory framework
August 24, 2007 by Canadian UnderwriterThe Autorit des march financiers (AMF) is seeking comment on a proposed framework for the regulation of the derivatives market in Quebec. The proposal contains suggested legislation and regulation as well as policy statements, an AMF release says.A derivative is…
What’s New: In Brief (June 06, 2007)
June 6, 2007 by Canadian UnderwriterVolunteers at more than 70 CARSTAR collision repair centres across the country are getting ready to soap it up as part of an ongoing campaign to help the thousands of young Canadians battling cystic fibrosis (CF). The fourth annual CARSTAR…
Keeping Up Traditions
June 1, 2007 Laura KupcisIt has been 54 years, but Kernaghan Adjusters is still following the same traditions and client care promises today as it was back then.
Over-regulation a ‘banana skin’ for global insurance industry
May 29, 2007 by Canadian UnderwriterRegulatory overkill is the largest risk facing the global insurance industry, according to the Center for the Study of Financial Informations (CFSI) latest Banana Skins survey, conducted for the first time for the insurance industry, in conjunction with PricewaterhouseCoopers LLP.The…
ING Canada promotes risk-based regulation
May 16, 2007 by Canadian UnderwriterING Canadas insurance subsidiaries will be adopting the Insurance Bureau of Canada (IBC)’s Standards of Sound Marketplace Practice, the company announced at its AGM on May 16.The primary objective of the IBC standards is to encourage the adoption of a…
Maintaining Distinctions
May 1, 2007 Robert (Bob) Tisdale, President and CEO, Pembridge Insurance CompanyOne challenge for the industry in 2007 will be to avoid a collapse of the important distinction between independent brokers and captive agents
Moves (May 01, 2007)
May 1, 2007 by Canadian UnderwriterThe Canadian Insurance Professio-nals Society (CIP), the professionals’ division of the Insurance Institute, has launched a series of monthly “emerging trends and issues” papers to focus discussion by experts on a variety of leading-edge topics. The first in the series…
What’s New: In Brief (April 12, 2007)
April 12, 2007 by Canadian UnderwriterThe Centre for Study of Insurance Operations (CSIO) has announced the appointment of Steven Kaukinen as president of the organization. Most recently he served as the president and CEO of Baldwin Janzen Insurance Services in Vancouver. Prior to that post,…
Deal or No Deal
April 1, 2007 Craig HarrisInducements and rebates to purchase insurance have been variously described as a “plague on the industry” and creative marketing tools. Which are they?
Moves (April 01, 2007)
April 1, 2007 by Canadian UnderwriterCrawford Adjusters Canada Incorporated announced the change of its corporate name to Crawford & Company (Canada) Inc, effective immediately. The removal of the word ‘adjusters’ from Crawford’s name will allow all divisions of the company to be united under a…