News

Small Broker Survival Will Be Tested

Mergers and acquisitions within the brokerage sector constitute a trend that is prompting some industry watchers to forecast the near extinction …

Volatile Markets Require Diligent Risk Mitigation

Elaborating on its prognosis for insurers and reinsurers earlier this year, Guy Carpenter & Company LLC affirms they’ll have to keep close tabs on risk …

New Background Checks Target Managers, Directors

Some insurers will be facing a new compliance regimen as a result of revised federal requirements. Earlier this year, the Office of the …

UK Launches Sharia-Compliant Insurance

The United Kingdom is launching its first-ever Islamic insurance group that will provide Sharia-compliant services.
The Principle Insurance Company, trading as Salaam …

Canada’s P&C Underwriting Loss A First Since 2002

Canada’s property and casualty insurance sector took an underwriting loss during the first fiscal quarter of 2008.
It’s the first loss for …

Survey Finds Companies Short On Liability Insurance

Companies are not purchasing enough liability insurance despite acknowledging losses to such risks as workplace crime or employment-related law suits, a …

Study: make legal insurance more widely available for low-income Ontarians

A new report suggests that legal insurance be more readily available for middle-and-low income Ontario residents.
Legal insurance would provide coverage for representation by a lawyer …

Ontario Discloses Rates Increase Approvals

The Financial Services Commission of Ontario has released its rate application approvals for the second quarter of 2008 in the province.
The …

Losses From Dolly Mark Only Fourth Hurricane Of Busy Season

Authorities that forecast a blustery hurricane season are already starting to tally the damages.
According to AIR Worldwide Corporation catastrophic risk modeling …

Western Financial Group Expands Brokerage Network

Western Financial Group is on a roll
The company last week announced acquisitions of four more brokerage locations in Western Canada, …

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