Thursday, November 18, 2010

London Life Insurance Company

There is a great story to go with this picture, but I'm not going to tell it. I'll give you a teaser from, and a link to, The London Free Press:

Bill Rudd: LFP photo by Sue Reeve
Meet the London ‘David’ who took on the life insurance ‘Goliaths’.

There’s an image of Bill Rudd that’s legendary at London Life.

It’s one of the former senior vice-president and chief actuary standing at annual meetings as a shareholder, addressing the board of directors, telling them bluntly they were breaking the law in their treatment of policyholders with regard to the company’s takeover by Great West Life.

They ignored him — at their peril, it turns out.

Read the full story, a good read by Free Press reporter Norman De Bono.

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