All posts by Jenn Lawr

20th Annual Men’s Skins Spiel

We’re celebrating the 20th Annual Men’s Skins Spiel on Thursday, January 21st to Saturday January 24th, 2016.

Entry Fee/Team: $200

To Mail or drop off fee or for more information please contact:

Daniel Macsemchuk
RR #1, Kakabeka Falls, ON P0T 1W0 | 473-9414 |

Kakabeka Falls Curling Club
Box 101, Kakabeka Falls, ON P0T 1W0 | 939-1391 |

Join Our Kids Count’s Event

The theme this year is Our Kids Count Goes International.  Think about joining for either a sushi making party on May 21st, or a Nigerian feast on June 9th.  Only 10 spots available per evening, so book early!!  Tickets can be reserved and purchased on line at the link below.

The evenings are a casual learning experience, hands on and so much fun.  Bring a group or come out and make new friends.  And of course bring your appetite!

Insurer Demutualization Update

Recent announcements at the political and insurer level have sparked a number of questions about demutualization and its potential impact. It’s important to highlight that the demutualization process has only just begun. Only proposed regulations have been released which means it’s premature to consider the outcome for customers as of today. IBAO is watching the mutual insurers and draft regulation process closely; once the regulations are finalized, they can review in detail.

What is Demutualization? 

The process that federally regulated mutual property and casualty (P&C) companies go through to convert into share companies. Until recently, there were no federal regulations that allowed the process of demutualization for P&C insurers to occur. 

What’s Happened So Far?

 The Department of Finance has released two draft regulations into the Insurance Companies Act: 1. A set of rules addressing P&C companies comprised of only mutual policyholders (“Single Structure Conversions”). 2. A set of rules addressing P&C companies with both mutual and non-mutual policyholder structures (“Dual Structure Conversion”). At this time, only Economical Mutual Insurance Company (“Economical”) has announced plans to pursue demutualization.

Why Would An Insurer Demutualize?

Mutual insurers may have their own reasons for changing their corporate structure. For example, one mutual has stated that an advantage of demutualization is that it provides the company new access to capital by issuing shares in the public and private markets.

Impact to Policyholders: 

As part of the process, policyholders of mutual insurers may benefit from the demutualization process. It’s important to stress that at this time, it’s speculative to comment on what (if any) these benefits would be.

If you have questions regarding this matter please contact our office.

Congratulations Samantha!

Samantha Milalus

We are very excited to announce that Samantha Mihalus has moved into the role of Account Manager with Jones & Associates Insurance.

Sam has been with our office for over 6 years now. Within that time she has successfully completed her Canadian Accredited Insurance Brokers (CAIB) designation, and is currently working towards the Chartered Insurance Professional (CIP) designation.

 We know that Sam will continue to offer her clients the professional and the personable approach when meeting any insurance needs.

 Congratulations Samantha!