simple c++ duty -- formula "good"?

the following formula assembled consultant operative group. i'm c++ developer (worked languages, though) nonetheless individualist opinions following code. visible studio c++ 6.0. i've got stomach nod (not good one, obviously), nonetheless i'd "gut reactions" seasoned (or even unseasoned) c++ developers out there. interjection advance!

// instance call
strcolheader = insert_escape(strcolheader, ',', '\\'); //get absolved commas an evade character

...snip...

cstring insert_escape ( cstring originalstring, bake charfind, bake charinsert ) {
    bool continueloop = true;   
    int currentind   = 0;

    {
        int occurenceind = originalstring.find(charfind, currentind);

        if(occurenceind>0) {
            originalstring.insert(occurenceind, charinsert);
            currentind = occurenceind + 2; 
        }
        else {
            continueloop = false;   
        }
    } while(continueloop);
    return(originalstring);
}