Topic
Risk
How all-encompassing is the war risk exclusion?
January 15, 2020 by Greg MeckbachExclusions in commercial insurance for losses arising from violence might be broader than some of your clients think. “The war risk exclusion does not just apply where war has been officially declared between two or more countries,” said Lalita Mohabir, national…
How to reduce a condo corporation’s insurance premiums
January 15, 2020 by David GambrillWith condo insurance premiums on the rise – in some jurisdictions, premiums have reportedly increased by 780% — and coverage scarce, legal counsel and Canadian Underwriter readers have a few ideas for the Insurance Bureau of Canada’s forthcoming risk manager…
How brokers are responding to Mideast crisis
January 14, 2020 by Greg MeckbachAs tension continues to rise in the Middle East, brokers might want to start asking clients questions about travel plans – if they aren’t already. “After recent events in Iran and Iraq, Burns & Wilcox has been getting questions from…
Southwestern Quebec sees slight shaking from earthquake
January 13, 2020 The Canadian PressOTTAWA – Southwestern Quebec got a slight shaking from a minor earthquake early this morning. Earthquake Canada says the 3.4 magnitude tremor was detected at 5:38 a.m. in the Salaberry-de-Valleyfield region and could be felt in the Montreal area –…
Why new RIMS president plans to ‘hit hard’ on certification
January 10, 2020 by Adam MalikMore risk managers need to find themselves at the highest levels of their companies. But positions in the C-suite aren’t going to just be given away, which is why certification is going to be a major focus for the new…
What risk managers can learn from Supreme Court ruling in favour of Canada Post
January 8, 2020 by Greg MeckbachHow should risk managers handle situations where their workers could encounter hazards off site? A recent Supreme Court of Canada ruling in favour of Canada Post could provide some guidance, a lawyer suggested Tuesday to Canadian Underwriter. “It is now…
Why Canada is the model for global risk management
January 8, 2020 by Adam MalikRIMS Canada got a pat on the back recently, as the Risk and Insurance Management Society (RIMS) looks to fortify its ranks around the world, according to the group’s 2020 president. Laura Langone spoke with Canadian Underwriter in her first…
Is climate change driving up the risk of wildfires in Canada?
January 8, 2020 Mia Rabson - THE CANADIAN PRESSOTTAWA – Canadian wildfire experts say Canada is very vulnerable to the kind of devastating wildfires ravaging Australia right now. More than 12.5 million acres (about 5.1 million hectares) of bushland have burned in Australia since October and prime forest-fire…
Captive Audience
January 3, 2020 Adam Malik, Managing EditorThanks to emerging industries and threats, captives have once again taken centre stage as a popular form of alternative risk transfer
Head of Airbnb insurance to lead RIMS in 2020
January 2, 2020 by Adam MalikLaura Langone, head of insurance operations at online rental marketplace Airbnb since April 2019, is now president of the Risk and Insurance Management Society (RIMS). The organization announced Thursday her 12-month appointment, effective immediately. She succeeds Gloria Brosius. Daring to…
Top 6 risks facing Canadian businesses in 2020
December 20, 2019 by Jason ContantThe risk landscape for Canadian businesses continues to evolve rapidly, but that doesn’t mean companies have to be caught unprepared. These evolving risks include everything from technology and cybersecurity to shifting regulatory considerations, reputational risk, employee liability, data and privacy…
LifeLabs says data of up to 15 million customers compromised in cyberattack
December 18, 2019 Ross Marowits and David Paddon - THE CANADIAN PRESSTORONTO – Government privacy commissioners are investigating a data breach at LifeLabs, one of Canada’s largest medical services companies, after hackers gained access to the personal information of up to 15 million customers. Most of its customers are in B.C.…