Topic
Risk
How D&O risks are changing in the mining sector
November 8, 2019 by Greg MeckbachIf you place directors and officers’ liability insurance for mining companies, the underwriter will want to know how the client manages risks such as pollution and shareholder litigation, a commercial broker advises. In lawsuits against directors and officers of mining…
Desjardins revises data theft impact numbers, says 4.2 million affected
November 1, 2019 Julien Arsenault - THE CANADIAN PRESSMONTREAL – The Desjardins Group data theft is much more widespread than first thought and actually hit 4.2 million members, the banking co-operative’s chief executive said Friday. Guy Cormier told a news conference the revised number – which represents the…
Edmonton window washing accident amid high winds under investigation
October 31, 2019 THE CANADIAN PRESSEDMONTON – The City of Edmonton says it’s investigating a window-washing company that was working on the capital’s tallest tower last week in windy conditions when a suspended platform smashed into the building and threw a worker over a railing.…
What surprised forensic engineers about massive Toronto propane explosions
October 24, 2019 by Greg MeckbachAfter the deadly Sunrise Propane explosions caused a massive evacuation in north Toronto, the central focus of regulators came as a surprise to some engineers who investigate such disasters. Pumping propane from one truck to another was identified as a…
The big question mark on supply chain liability risk
October 23, 2019 by Greg MeckbachWhat liability risk do Canadian corporate clients face if they have supply chains in countries where workers are vulnerable to abuse or unsafe working conditions? It’s an open question right now, but brokers could get some guidance once the Supreme…
Take-up rates low in this line of commercial insurance: Lloyd’s
October 22, 2019 by Greg MeckbachIs your client’s loss of income covered if the business got interrupted because of a catastrophe that hit a supplier? That depends on what the policy says and whether the client actually bought contingent business interruption (CBI) insurance. And these…
How much leeway does a condo corporation have when conducting repairs?
October 18, 2019 by Jason ContantIf a condo corporation enters your client’s unit to repair suspected flood damage but finds other hazards, can they complete those additional repairs instead and seek reimbursement from the unit owner? It would appear not, if the factors of the…
How this city made basement flooding risk predictions more precise
October 17, 2019 by Greg MeckbachBrokers wanting to find out how likely their client’s basement will be flooded might want to ask whether the insurance companies are using data from the municipality in their flood maps. “A lot of residents have indicated concerns with purchasing…
The enemy within
October 12, 2019 Dr. Dexter Morse, Director, Insurance & Risk Management, International Air Transport Association (IATA)Rogue employees may be plotting ways to cause damage to your clients’ business. How to advise your clients on managing the risk
How to explore the forgotten realm of personal cyber coverage
October 9, 2019 by Jason ContantTrying to think of a new way to broach that cyber insurance discussion with your clients? Why not highlight identity theft and fraud coverage for your personal lines clients, suggests a new research paper from the Insurance Institute of Canada.…
Trial by Fire
October 6, 2019 Glenn Gibson, Joe Toscano & David E. BridgesWhat to think about when selecting the right expert for fire and explosion cases
Province considering regulatory changes for vaping
October 3, 2019 The Canadian PressHALIFAX – Nova Scotia Premier Stephen McNeil says his government is looking at regulations that could ban flavoured vaping products in the province. McNeil responded Wednesday after the Opposition Progressive Conservatives introduced legislation aimed at addressing the growing numbers of…