Susan Meltzer, president of the Risk and Insurance Management Society (RIMS) for the 1999/2000 term, bridled in her opening comments in the panel discussion to a previous reference made by a seminar speaker at the RIMS’ “Operational Risk Management” conference…
Property and casualty insurance companies — by the nature of their business — face many risks. When does a particular exposure become grave enough to pose a material risk and a threat to a company’s solvency? At the recently held 8th Annual KPMG Insurance Issues Conference, in Toronto, KPMG’s Wendy Mills and Tracy Capstick examined emerging standards for p&c insurers.
On the invitation of the Office of the Superintendent of Financial Institutions, the Insurance Bureau of Canada (IBC) formed a working group in 1998 to prepare a set of draft standards of sound business and financial practices for property and…
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. Ontario Insurance Adjusters Association:…
Welcome to a bright new bushy-tailed beginning of a year, or for that matter a new millennium, depending on your sentimental versus mathematical calculation. And, indeed, it would appear to be a bright year ahead, with fat company surpluses on…
Crawford Adjusters Canada has announced the appointment of Santo Carbone as vice president of corporate services. He replaces retiring Rex Stephenson. Carbone has 20 years of experience as an adjuster with expertise in claims management, customer relations and problem solving.…
The cost of risk has risen in the U.S. but dropped in Canada, according to the recently released Risk & Insurance Management Society (RIMS) 1999 Benchmark Survey. The annual report, co-authored by Ernst & Young, polled 737 American and 79…
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. Ontario Risk & Insurance…
Not all of the specialty sports lines are unprofitable it appears. General liability coverage has been good business for Canadian managing general underwriters K&K Insurance, who write $50 to $70 million in premiums annually safeguarding teams against litigation surrounding spectator…
Dear Editor, I was so pleased to read that Jan Lowther had received the “Golden Torch” award recently in Colorado. Jan has been the “guiding light” for risk management communications in Canada for many years and her trustworthy and interested…
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. The Canadian Institute: Litigating…
Heightened consumer expectations and the broader reach of technology are having a significant impact on the commercial market, says Andrew Duguid, director of development at Lloyd’s of London. Technology has broadened the choices in risk management, enabling for inhouse risk…