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Insurers and Banks

其他書名	Levelling the Regulatory Playing Field
出版	C.D. Howe Instititute, 2006
URL	http://books.google.com.hk/books?id=kdLpSAAACAAJ&hl=&source=gbs_api

註釋The Institute promotes the application of independent research and analysis to major economic and social issues affecting the quality of life of Canadians in all regions of the country. [...] In this latter case, it is necessary to recall that, in support of the bankruptcy of Confederation Life - the largest such case in North American history - the life and health insurance industry was in the process of funding its own consumer protection program, CompCorp (now Assuris), without any financial assistance in the form of temporary liquidity support from the Crown, such as was available [...] The House committee took a more restrictive position against any change in powers, with the added requirement that the package of strong consumer provisions in the legislation be enacted and evaluated by the committee before the next legislative review or any subsequent reconsideration of extended bank insurance powers. [...] In early summer 2006, the industry ombudservices themselves agreed to assume responsibility directly for the coordinating function, and the CFSON was wound down.4 Together, the establishment of transparent (and, in many cases, new) internal dispute resolution processes inside companies, the network of independent industry ombudsman services, and the activities of the FCAC have built a substantial [...] C. D. Howe Institute Backgrounder 7 It is also the case that the life and health insurance industry has undergone the radical reorganization and consolidation that was anticipated in the wake of the legislative reforms of the early 1990s.