Topic Emerging Risks
More consolidation expected in Ontario cannabis stores
August 11, 2020 by Tara Deschamps - THE CANADIAN PRESSTORONTO – More than a year after winning the chance to open one of Ontario’s first cannabis stores through a provincial lottery, Lisa Bigioni has walked away from her Niagara Falls pot shop. The store had become like a second…
Policies under the microscope
August 7, 2020 by Greg Meckbach, Associate EditorHow the outcome of a test case in Britain over business interruption coverage during COVID-19 may reverberate throughout the Canadian commercial P&C market
Aviva Canada’s approach to navigating the economic recession
August 7, 2020 by David GambrillWhether or not an economic recovery in Canada is just around the corner — speculation of which is fuelled by the developments in researching a COVID-19 vaccine — Aviva Canada is committed to sticking to its three-year financial targets established…
Fraudsters exposed in COVID-19
August 6, 2020 by Ephraim Stulberg, Partner, MDD Forensic AccountantsHere’s where, and why, insurers see more fraud claims being uncovered
The new age of risk
August 5, 2020 by Adam Malik, Managing EditorPost-pandemic, expect risk professionals to be called upon more often to find creative solutions for emerging issues
How Aon and Willis are progressing on proposed merger
August 4, 2020 by Greg MeckbachThe acquisition of Willis Towers Watson plc by Aon plc is on track to close in less than a year as Aon officials don’t seem concerned the deal will be blocked by competition regulators. “We are exactly on track with…
Canada’s arts and recreation businesses face greatest risk of closure: CFIB
July 30, 2020 by David Friend - THE CANADIAN PRESSTORONTO – Canada’s struggling independent businesses in the arts, entertainment and recreational sectors are at the highest risk of permanently closing due to COVID-19, according to the Canadian Federation of Independent Business. A new report released by the advocacy group…
New boiler inspection rules coming to Ontario agriculture
July 28, 2020 by Greg MeckbachAn exemption from inspection rules for boilers and pressure vessels in Ontario’s agricultural sector is coming to an end. Starting next year, boilers and pressure vessels will have to get a certificate of inspection from the province’s Technical Standards and…
Insurer working on future pandemic coverage for school boards, post-COVID
July 27, 2020 by Greg MeckbachAs the Ontario government prepares its school re-opening plan, the insurer for the majority of the province’s boards is working on a plan to provide pandemic coverage, albeit for future pandemics and not for COVID-19. Within the next six to…
How COVID-19 is changing marine cargo insurance
July 23, 2020 by Greg MeckbachMarine cargo policies that were drafted before the COVID-19 pandemic may need a second look because of the way business disruptions and lockdowns are affecting the global supply chain. “We are starting to see insurers already change or apply endorsements…
Northbridge’s advice to restaurants upon re-opening
July 23, 2020 by Greg MeckbachAs restaurants in much of Ontario re-open July 24, a major commercial insurer is warning companies to train their staff carefully. “Servers should bring items such as glasses, cutlery, and single-serve condiments to the table only after the party is…
Toronto mayor says masking bylaw possible if apartment buildings don’t comply
July 23, 2020 by Jake Kivanc - THE CANADIAN PRESSToronto Mayor John Tory said he’s prepared to extend the city’s mandatory masking order to shared spaces inside apartment and condominium buildings if management companies refuse to do it voluntarily. Current mandatory masking bylaws in cities such as Toronto apply…