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Some years ago there was a bogus Lloyd’s of London agent. And more than one, if memory serves. Enter the bogus Auto Insurer. FSCO have advised us that a company doing business under the name of LIMA are taking premiums from drivers, and not placing coverage. Stands to reason – they have no legal right [...]

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Title Insurance–Why Bother?

Published on August 20, 2011 by admin in Perspectives

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There are many reasons to buy Title Insurance.  Most frequently discussed in the media is when a 3rd party places a mortgage or lien against a property with neither permission nor justification.  There have been some big court cases on this matter in Ontario alone. But that is only one way in which Title Insurance [...]

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These are actual claims examples, provided by DAS Canada.  Reprinted by permission. Employment Disputes • Legal action is being brought by a former employee who is demanding to be reinstated with retroactive compensation. This employee was fired for cause which is documented. • An employee is dismissed from work for being late and missing important [...]

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OK. It’s a Date!

Published on April 2, 2011 by admin in Perspectives

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00444193 But which is it: day/month/year, or month/day/year? Or year/month/day? If you are dealing with issues that are sensitive to dates, then ambiguity is the last thing you can afford. And, when using the standard 2 character numerical values only to describe a date, there are 12 days and 12 months where you can potentially [...]

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“Trust is about relationships, not transactions.” — Charles Green It’s time to come to terms with the fact that as professional advisors, brokers are really in the consultative profession not a transactional sales one. If we buy into this, it’s good news and presents many opportunities for brokers and insurers alike. There are many benefits [...]

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