If you place pollution liability coverage, you could be hearing from banks and lenders concerned about oil and gas producers potentially going bankrupt. Inquiries about environment impairment liability are on the rise for at least one major Canadian brokerage following…
OTTAWA – The Bank of Canada slashed its key interest rate target by half a percentage point, dropping it to 1.25 per cent in what economists saw as a rapid response to the growing economic shock from the novel coronavirus…
Climate change risk is very much on the radar of Canada’s solvency regulator. In a mid-February speech to the 17th Annual Review of Insolvency Law (ARIL) Conference in Vancouver, B.C., Jeremy Rudin, Canada’s superintendent of financial institutions, outlined three climate-related…
Canada gets a lot of snow. So why is it so difficult to find snowplow insurance in this country?
Nathan Rose, a senior underwriter with Burns & Wilcox, shares how emerging trends in cyber will lead to untapped business opportunities.
How market pressures and climate issues are combining to reduce the availability of insurance to condo corporations
Cases of egregious employee “snooping” in Alberta have exploded to the point where some affected individuals won’t even seek health treatment within their communities anymore, the province’s privacy commissioner said at a conference Friday. Jill Clayton, Alberta’s information and privacy…
OTTAWA – The federal privacy watchdog and three of his provincial counterparts will jointly investigate Canadian use of facial-recognition technology supplied by U.S. firm Clearview AI. Privacy commissioner Daniel Therrien says he will be joined in the probe by ombudsmen…
Canadian risk pros are making a median annual base salary of $101,000 as of June 1, 2019. That’s up 3.6% over the previous year, according to the Risk Management Compensation Survey published by the Risk and Insurance Management Society (RIMS).…
TYENDINAGA MOHAWK TERRITORY, Ont. – Several protesters were detained Monday morning as provincial police moved in to clear a rail blockade on Tyendinaga Mohawk Territory in central Ontario that has brought freight and passenger rail traffic to a virtual standstill.…
OTTAWA – Transport Minister Marc Garneau is easing speed restrictions placed on certain trains following a derailment in Saskatchewan earlier this month that spilled 1.2 million litres of crude oil and started a massive fire. Garneau says the move is…
Blockades set up by anti-pipeline protesters have forced Canadian National Railway Co. to shut down its entire network in Eastern Canada and Via Rail to cancel passenger service across the country. CN said Thursday that the company must initiate a…