That was a requirement in the original contribution agreement with the federal government. They said we had to establish a fund. We have errors and omissions insurance. It costs about $220, and I think $75 of it is an administration fee. So the cost of our errors and omissions insurance is very low, because the number of complaints and the monetary rewards to individuals for errors and omissions have been very low in the past five years.
However, there are times when an individual will commit an actual criminal offence against an individual in terms of fraud. That isn't covered under errors and omissions insurance. So the federal government asked that a fund be set up designed to assist individuals in claiming for damages because of criminal acts of members of the society.
In the first two years, we have never heard of a case where a claim has been made. We have all contributed substantially to the fund, to the tune of $800 to $900 per member. The fund sits at over $1 million, I believe. The only thing we know about the fund is that there are administrative costs--it has a board of directors and staff--but there have never been any claims. We have asked repeatedly for more information on that, and it has not been forthcoming.