Author Archive for ILSTV Staff

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Pat Van Bakel appointed COO at Crawford & Company (Canada)

Van Bakel has been with the company for more than 20 years and most recently served as senior vice president, Operations, Insurer Markets

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The riskiest film of 2011

“‘The Girl with the Dragon Tattoo’ featured a wide range of risky elements, including motorcycle, skateboarding, fight and torture scenes, and filming in foreign locations, which all contributed appreciably to its overall risk”

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Nearly one-third of office romances lead to marriage

One quarter of workers who dated a co-worker said they have dated someone above them in the company hierarchy, and 13 percent admitted to dating their boss

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Where is the love? It’s all in your head

“In humans, oxytocin is involved in positive group dynamics, making trusting relationships and creating trust.” Dr. Anisman

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Canada’s best small & medium employers

Fifty organizations recognized in annual study conducted by Aon Hewitt and Queen’s University School of Business

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Protecting your home from water damage

“Homeowners should also talk to their insurance representative about purchasing sewer backup coverage as an add-on to their insurance policy,” suggests IBC

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Inheritance expectations may fall short for many Canadians

Average inheritance is $57,000, though 57 percent of those surveyed by Investors Group say they expect to receive more than $100,000

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Pot smoking doubles car crash risk

National data collected in 2004 indicate that 4 percent of Canadian adults reported driving within one hour of consuming cannabis

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1227 AD

1227 AD: Pope Gregory IX (1170-1221 AD) issued a Papal Seeforbidding the common practice of charging premium interest on maritime loans. The Papacy and theology were not against the principle of insurance, or methods used to spread the risk, per se, only interest rates deemed “usury,” or excessive. In order to continue the practice, the traders created independent contracts which separated the risk sharing from the loan contracts. These practices helped establish the first contracts for insurance type schemes and such important concepts as the principle of indemnity, subrogation and insurable interest.

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1063 AD

1063 AD: The Amalfi Sea Code developed in Italy and provided a type of marine insurance for members. If a ship were lost at sea, the Sea Code stipulated that the merchant(s) were reimbursed from a pool of funds contributed by its members.

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Tips for Valentine’s Day

Tips for a successful Valentine’s Day

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Canada could support nine NHL teams, says report

“Future Hockey Day in Canada celebrations could include up to four all-Canadian matchups if an eighth or even ninth city acquires an NHL franchise,” said The Conference Board of Canada’s Mario Lefebvre

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Arab Spring, global threats dominate Aon’s 2012 Political Risk Map

Political risk can exist for businesses that invest, operate, trade or lend in emerging markets

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B.C. drivers chose vehicle cost over safety

Most car buyers primarily take standard safety features into consideration, rather than newer cutting edge technologies

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Financial Post’s Ten Best Companies to Work for in 2012

BMO, Desjardin among this year’s best companies to work for

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The evolution of risk management

“We have to keep pace with the changing demands on the risk management front.” Mary Roth

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Take our Love Quiz

Are you a love expert?

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ICBC responsibility shifts to Ministry of Finance

Kevin Falcon, BC’s Finance Minister, becomes responsible for ICBC after Premier’s overhaul of justice system

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Insured losses from Philippines earthquake expected to be less than $100 million

Total economic loss from the earthquake and subsequent aftershocks and landslides are expected to reach about USD $1 billion, with about $100 million in insured losses

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