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News BrokersInsuranceRiskTechnology

How to advise clients on cyber after Algonquin breach

July 31, 2018 by Jason Contant

Brokers can aid their clients by raising awareness of the common tactics of cybercriminals, as well as by advising their clients to be careful about with whom they share their personally identifiable information (PII). Zac Cohen, general manager of Vancouver-based

News CatastrophesClimate ChangeInsuranceRisk

What Canada’s P&C industry has learned from catastrophes

July 31, 2018 by David Gambrill

Each catastrophe presents a unique learning opportunity for today’s risk and insurance professional; over time, savvy risk experts will use these broad-scale “teachable moments” to better prepare their clients and employers to be more resilient in the future. Canadian Underwriter

News Risk

Woman drowns after small, intense storm floods basement

July 31, 2018 Colleen Slevin and Kathleen Foody - THE ASSOCIATED PRESS

ENGLEWOOD, Colo. – Rachael Haber only intended to stay a few minutes when she stopped by the basement apartment of a travelling friend to check on her pet cat. While she was there Tuesday, a small but intense storm hit

News Climate ChangeInsuranceRisk

One Ontario industry vulnerable to weather extremes

July 30, 2018 by Greg Meckbach

If your client is in the food production or distribution field, you might want to consider the impact of extreme weather. “Restaurants do not prioritize purchasing backup generators, or flood or business interruption insurance,” a report presented last week to

News BrokersInsuranceMarkets / CoveragesRisk

Questions to ask clients who serve alcohol

July 30, 2018 by Jason Contant

Risk managers in the restaurant and bar business need to “mine” for information from potential insureds to make sure they exercise their duty of care in serving alcohol responsibly. “From a risk management standpoint, what’s key is the insured is

News ClaimsRiskTechnology

One easy way for retailers to manage cyber risk

July 30, 2018 by Greg Meckbach

Retailers can reduce cyber liability risk if managers know exactly where computer files containing sensitive information is stored. Many retailers are “expanding their digital footprints” and storing personal information – such as customers’ names and addresses – on computers, noted

News LegalRisk

One-third of victims in car crash deaths not wearing seatbelts: NL RCMP

July 29, 2018 by Jason Contant

JOHN’S, N.L. – RCMP in Newfoundland and Labrador say one-third of collision fatalities over a five-year span involved people not wearing seatbelts. They say that from 2013 until mid-July, 182 people were killed in 154 crashes with about 35 per

News InsuranceMarkets / CoveragesRisk

Two lesser-known risks in the restaurant industry

July 26, 2018 by Jason Contant

Besides the obvious liquor liability risk in the restaurant and bar sector, risk managers should also pay attention to cyber and sexual harassment risks, says a broker with Holmes Murphy who specializes in the area. Over the past few years,

News InsuranceRisk

Advertisement New wildfire index fights a $5.6-billion problem

July 24, 2018 Opta Information Intelligence

With wildfire losses reaching a whopping $5.6 billion in the past 10 years, there is an urgent need for a solution that can help insurers price the risk accurately, as well as to help municipal and provincial governments know their

Feature RiskTechnology

Long Arm of the Law

July 1, 2018 Ian Phillpot, Vice President, Box Canada

How to protect your clients from running afoul of the European Union’s privacy breach law.