FINANCE & INSURANCE

Renovation contractors and their subtrades turned out in large numbers for mass protests in front of Workplace Safety and Insurance Board (WSIB) Offices in Ottawa and Hamilton, ON, on Feb. 12 to protest the Ontario...
Senior government officials from Kenya’s financial sector travelled halfway around the world to B.C. to learn the art of regulating credit unions, in the hopes of strengthening one of the most important aspects of the...
I have written two columns expressing my scepticism about the plan from the provincial life insurance regulators in Canada who comprise CISRO (the Canadian Insurance Services Regulatory Organizations) to introduce a new modular regime (exams...
In early October I wrote a column (No.216) "CISRO's 'harmonizing': life insurance licensing revisited", expressing my scepticism about the wisdom of the proposal from the life insurance regulators who comprise CISRO (the Canadian Insurance Services...
The Canadian Council of Insurance Regulators (CCIR) group tasked with reviewing the use of credit scoring by insurers has been unable to come up with recommendations on the matter, in perhaps a disappointing end to...
An Alberta Securities Commission panel has slapped fines totalling nearly $54 million on three Calgary businessmen and the companies they led — the largest financial penalty levied by the market watchdog in any one case. "All...
Following feedback from the province’s insurance industry, the Insurance Council of British Columbia has issued new requirements that place limits on the issuance of restricted general insurance licenses to motor vehicle dealers and their representatives...
During my years in the Canadian life insurance business I spent a great deal of time, including sixteen years as chair of the Canadian Life and Health Insurance Association's (CLHIA) standing Committee on Distribution &...
In 2008 and 2009, Vancouver property developers Michael Knight and Jeff Wiegel were riding a wave of upbeat publicity over their condo project in the Delbrook area of North Vancouver. “The Brook” was being built to...
The B.C. Securities Commission has appointed high-profile Crown prosecutor Teresa Mitchell-Banks, Q.C., as its new director of enforcement, effective Oct. 10. The commission also appointed Peter Brady, a former lawyer with the commission and now general...