HomeInsuranceHockey Canada scandal – self-insurance and transparency

Hockey Canada scandal – self-insurance and transparency

Since then, it has faced criticism from Prime Minister Justin Trudeau, had its federal funding frozen, and has pledged to review a fund that was revealed to exist through court proceedings.

Read more: Hockey Canada introduces plan to combat ‘toxic’ culture ahead of former VP of insurance’s testimony

The organisation’s National Equity Fund, as it has since referred to it on its website, was not mentioned in its latest annual report, which sets out that membership fees do go towards insurance costs.

Twenty one per cent (21%) of Hockey Canada’s total funds went towards insurance costs last year, according to the report, while 13% of incoming funds came from insurance premiums.

In a July statement, the hockey body confirmed a pot exists and is partly funded by membership fees, and said that it has been used to pay for a…

Read more at www.insurancebusinessmag.com

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