Topic
Risk
Diversity critical for MGA entering Quebec market
August 17, 2018 by Jason ContantFor Canadian managing general agents, maintaining a diversified portfolio and effective distribution channel for products is crucial to success, according to Gary Hirst, president of CHES Special Risk. Hirst spoke to Canadian Underwriter Thursday, one day after CHES announced it…
B.C. declares provincial state of emergency over wildfires
August 15, 2018 The Canadian PressVICTORIA – The British Columbia government has declared a provincial state of emergency to support the response to the hundreds of wildfires burning across the province. The state of emergency will remain in effect for 14 days, but can be…
Ontario to sell pot online in fall, in private retail stores by April 2019
August 14, 2018 Shawn Jeffords - THE CANADIAN PRESSTORONTO – Recreational cannabis will be sold online in Ontario when legalized this fall and in private retail stores across the province early next year, the government announced Monday, reversing the previous administration’s plan to distribute cannabis through publicly owned…
Mechanic barred from suing employer over workplace injury
August 13, 2018 by Greg MeckbachA Newfoundland and Labrador construction company no longer faces a lawsuit from the estate of an injured worker, after the Supreme Court of Canada announced Thursday it will not hear an appeal. Many Canadian corporate clients lack liability insurance covering…
One trillion litres of sewage leaked into Canadian lakes and rivers over last five years
August 13, 2018 Mia Rabson - THE CANADIAN PRESSOTTAWA – Last Wednesday, a team of people from the Lake Ontario Waterkeeper environmental group descended on the Toronto harbourfront looking for any signs the previous night’s massive, flash-flood rainfall had caused the city’s ancient combined sewer system to overflow…
Innovation, yes. But don’t forget to manage the risks.
August 10, 2018 by Jason ContantWhile Canadian organizations are investing in emerging technologies and innovation, few of them are managing the associated risks, a report from PwC Canada suggests. Jennifer Johnson, a partner and national financial services leader with PwC Canada, says that when she…
Canadian tech firm flags effect of EU’s new privacy law
August 10, 2018 by Greg MeckbachNew privacy rights for Europeans have changed the way a Canadian multinational business software provider looks at its liability risk. The European General Data Protection Regulation (GDPR) took effect May 25 and makes it mandatory for companies to disclose data…
Many Canadians driving high: Statistics Canada
August 9, 2018 The Canadian PressOTTAWA – A new Statistics Canada survey has found about 1.4 million Canadians reported they had been a passenger in a vehicle driven by someone who had consumed cannabis in the previous two hours. In addition, one in seven cannabis…
Court balks at auto injury medical expert witness fee
August 3, 2018 by Greg MeckbachWhen a motorist gets sued by an accident victim, should the defendant be ordered to pay $5,000 to reimburse the plaintiff for half a day’s court testimony from a plaintiff’s doctor? A British Columbia court official says no. Gary Senner…
Death serves as strong reminder of homeowners’ alcohol liability risk: Police
August 3, 2018 The Canadian PressLEITCHES CREEK, N.S. – Charges have been laid after a 17-year-old boy was struck and killed while walking home from a Cape Breton grad party, as a police chief denounced the “misinformation” circulating after the crash. Cape Breton Regional Police…
Why Canadian companies need to ‘digitally upskill’ their staff
August 2, 2018 by Jason ContantWhile a majority (85%) of Canadian organizations are investing in emerging technologies, few of them are managing the risks associated with technology, such as cybersecurity threats and lack of talent, a recent PwC Canada report has found. The Full Risk…
Specialty rises to the Top
August 1, 2018 by Canadian UnderwriterSpecialty Lines insurance is quickly becoming the new commercial standard, thanks to the meltdown of the vanilla CGL policy. Here’s why you can expect to reach out to specialty markets more often in the future.