At the 60th Annual RIMS Conference in Boston, Mass.–with every manner of English intonation and drawl—I am struck by the interconnectedness of the world. It’s not simply that 10,000 risk managers from around the world gathered here to discuss the process and practicality of risk mitigation. Or that every U.S. domestic carrier, international insurer and MGA (including a few Canadian heavyweights)... 

Bank bashing. In 2009, this became a national pasttime. And, for many, with good reason. The launch of bank websites selling insurance prompted anger and action across the country–and eventually resulted in the federal Minister of Finance, the honourable Jim Flaherty, weighing in on the matter. (Flaherty announced that banks could not sell insurance through their online websites in an October... 

For those of us with colleagues and friends working in primary carriers and at reinsurers, last year was a painful reminder of the fragility of the market as loss ratios crept up past 106% (if you strip out commercial insurance), and claims costs rose to record levels. As a result, many P&C carriers had to take a good, long, hard look at how they were (and are) conducting business. The mantra... 

In late January the General Insurance Council of Manitoba announced it was examining the policy of on-site supervision of ‘Level 1′ and ‘Auto Only’ general insurance agents. It was a standard announcement (changes are pending until stakeholders have had a chance to comment); however, it suggested that the licensing of agents across Canada could be–and should be–examined. In Manitoba’s...