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The Lucknow Sentinel, 1989-03-29, Page 9Ludlum Sentinel, Wednesday, March 29,1189 --Page 9 McDonaghs includes thin. generation FOCUS ON LUCKNOW The late J.A. M a started his general insurance business in 1931, operating from his Ashfield Township home and moved it to Lucknow in the 50's. The business at that time was located in the present Bruce County Health Unit Office. Some 58 years later, this business has grown to include McDonagh Insurance Brokers Ltd., B.A. McDonagh Real Estate Ltd., Rod McDonagh Investments Ltd., and Wayne McDonagh Life Insurance. The different aspects of the business are handled by two second generation McDonaghs - Barry and Rod and a third generation McDonagh - Wayne. Barry joined his father in the general in- surance business in 1969 and established the. real estate business. He became a parter with his late father in 1971. Previous to this he had worked for Don Hoist Real Estate. In October of 1972, Barry obtained his broker's license for real estate. The first real estate deal he handled was for a good friend Gerry Priestap. The big- gest changes Barry has noticed over the years are the increased value of property and rezoning. L - e-insuranc -end,- :. i-seema*..inars are attended to keep abreast of wording changes in policies, additional coverages available etc. Rod, Barry's brother, started with the firm in 1976 and brought out his father's share the following year. Prior to joining the family business, Rod worked in the computer field in London for four years, then spent two and a half years in Europe travelling and working. Rod is a deposit broker and mortgage broker. When asked to commment on any changes he has noticed during his years in the business, Rod said that more and more people are becoming aware of the benefits of an RRSP. Wayne, who is Barry's son, joined the business in January 1984 and became a partner in January 1988. Wayne specializes in general and life insurance. He points out that companies are harder to deal with now due to the number of law suits and the dramatic increase in the size of settlements being awarded. Companies are now more selective in who they will insure. ilemmajor--c'hcnges—will eon= tel e place in the car insurance system, Wayne believesthere will still be room- for com- petition between companies. During the interview with the McDonaghs, a copy of an old car insurance Wayne, Barry and Rod McDonagh. (Pat Livingston photo) policy was viewed. The car was .a 6 cylinder, 1938 Dodge Sedan. The insured was covered for the then Ontario minimum $10,000 liability, with an annus' premium of $14.30. For comparison only, if the insured had been covered for $200,000 habli ( W -mum) Xs premium would have been $266.00 (14.30x20) in 1938. That same insured today for $200,000 liability would pay $271.00. In addition to Lucknow, the McDonaghs also have an office in Teeswater. They cur- rently act as brokers for 12 different general insurance companies. They estimate that 85 percent of their business is within the 519 area code and 70 percent would be within the Lucknow, Teeswater, Wiug iii l; litairro es. A staff of nine employees and three- active real estate salesmen are employed to run this family business; one that has come along way since being established by the late J. A. McDonagh. Help available for students to find summer employment by Heather Henry Goderich's Canada Employment Centre for Students is open once again and ready for students to find jobs. Open from February to August, CEC S serves as a meeting centre for students and employers, said Janice Dunbar, supervisor. Services available to students include tips son resume writing and job searching as well an opportunity to check the job board to see what's available, Dunbar said. . In Huron County, the agricultural and food and beverage industries are the "big- gies" which are always in need of employees. Most jobs found through the centre are "transient and more seasonal." Last year about 1,700 students came to the East Street office seeking employ- ment. Most were successful in their job searching, Dunbar said. CECS doesn't wait for prospective employees'.and employers -to :carne --to the office. "We do a lotof seminars," she said; adding that these seminars are held for both students and employers. A lot of the time, students aren't aware of what the centre is or "don't think they're old enough," Dunbar said. School seminars begin at the elementary level and continue to the post -secondary level. Generally, students in grade 7 and up are pounding the pavement and looking for summer jobs, she said. Students as young as grade 4 age have come in looking forjobs. 'When students lima ebrne = o'the :i ce, theylre asked to fill out an application. This helps screen the student as well as find out what type or work they're looking for, what trasnportation is available to them and some of their expectations. the application is anzideal way to match an employee with an employer, Dunbar said. Some students find they aren't pleased with the job. ff they come back, a staff member at the centre and the student sit down and talk about "what they would like to,do.and .what :they ,can ez„pect to,do. :Just bo rig more:reslistic," Danbar -said; Dwlbar.also stressestothe students that the centre is "only one avenue." Friends, relatives and "pounding the pavement" are other resources. Own a business? You'll appreciate the careful attention H&R Biock can give your tax returns. Our tax preparers have been carefully trained to understand income tax law related to business. 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