Industry
This month federal Finance Minister Paul Martin will release his report outlining the proposed future of financial institutions in Canada. With brokers and insurers weary of banks being allowed to retail insurance out of their branches, the associations are standing by ready to release their responses to the public. Insurance Bureau of Canada vice president […]
May 31, 1999
1 min read
The Women in Insurance Cancer Crusade (WICC) held its annual fundraising dinner at Toronto’s Sheraton Centre March 31, raising $37,000 for cancer research. An estimated 340 industry members took part in the fundraiser, which was highlighted by an auction in which full tables bid for the opportunity to guess who the evening’s surprise guest was. […]
The new president of the Insurance Brokers Association of Manitoba (IBAM) Ron Vandenbosch says the battle against banks retailing insurance is the top concern expressed by his constituents at the recent IBAM annual general meeting in Winnipeg. Asked to list three top concerns of Manitoba brokers, he answers the bank threat, the need to further […]
2 min read
Promoting regional unity and getting out on the road to read member needs and concerns first hand are central issues of the Insurance Brokers Association of British Columbia’s strategic growth plan for the year ahead. Although brokers should remain competitive within their ranks, the time has come for the province’s brokerage community to stand together […]
By Sean van Zyl, Editor | May 31, 1999
5 min read
When the Financial Services Commission of Ontario (FSCO) introduced mandatory mediation of statutory accident benefits disputes, insurance companies quietly rejoiced. Essentially, the new rules preclude plaintiffs from launching an action at law prior to mediating issues in dispute which fall under Ontario Regulation 403 to Bill 59 such as benefits for medical and rehabilitation costs, […]
By Jonathan Schrieder, Milton J. Brown, Q.C. & Assoc., Barristers & | May 31, 1999
4 min read
Equisure Financial Network Inc. (TSE: EFN) released record first quarter figures, setting new highs in revenue, net income, earnings, shareholders equity, assets and EBITDA (earnings before interest, taxes, depreciation and amortization). The company’s consolidated revenue was up 3% from 1998’s $21.1 million to $21.6 million. Net income rose by 38% to $1.05 million from $762,000 […]
Gore Mutual Insurance Company has appointed Kevin McNeil as president and chief executive officer. With 25 years of insurance, banking and industrial experience, McNeil has held senior positions in the insurance sector, including president of The Personal Insurance Company of Canada. HB Group Insurance Management Ltd. has announced a new management team and structure for […]
We couldn’t have picked a worse day for the opening of my company’s new regional office. Gale-force winds had blasted into the city overnight, knocking down trees and power-lines, shutting down the airport, and tearing the roofs off new, unfinished homes in the suburbs. They had also succeeded in lighting up the phones in our […]
By Axiom | May 31, 1999
9 min read
In most industries, the Internet has become an important business tool. Employees have access to endless possibilities for research, for improved communications internally and externally, and to work from home. Security in access and transferring information has, however, been the biggest concern of business in maximizing on the Internet’s full potential. Virtual Private Network (VPN) […]
By Ron Lepofsky, president, PTI Telecommunications | May 31, 1999
3 min read
Despite a $11.7 million decline in after-tax income for the financial year ended December 1998, the Co-operators General Insurance Company says it is encouraged by the 7.4% marketshare it notched up during the year. After-tax income for the year amounted to $55.1 million compared with $66.8 million for the 1997 financial year. This marks the […]
March 31, 1999
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
