Topic HR
Small businesses seek rapid rent relief measures as Trudeau promises more support
April 16, 2020 by Ian Bickis - THE CANADIAN PRESSTORONTO – Small businesses are hoping for promised rent relief from both landlords and government as the COVID-19-related shutdown drags on and their bills pile up. The urgency comes as some landlords have already started issuing eviction notices for businesses…
The impact of dire unemployment on P&C
April 15, 2020 by Adam MalikGeorge Hodgson was blunt in his observation of what would happen if fears of a 25% unemployment rate come true in his province. “It’ll be horrendous,” the CEO of the Insurance Brokers Association of Alberta told Canadian Underwriter of the…
Economic downturn from COVID-19 will be sharpest on record, Bank of Canada warns
April 15, 2020 by The Canadian PressOTTAWA – The Bank of Canada is warning that the downturn tied to COVID-19 will be the worst on record and that the economic recovery will depend on the effectiveness of current measures to bring the pandemic under control. The…
Nearly 5.4 million receiving emergency federal aid as requests climb
April 13, 2020 by The Canadian PressOTTAWA – The federal government says nearly 5.4 million Canadians are now receiving emergency aid to replace incomes lost due to COVID-19. The figures this morning show 5.38 million applications have been processed since March 15, a figure that includes…
How Aviva is responding to dentists’ COVID-19 claims
April 2, 2020 by Greg MeckbachAviva Canada is promising guidance to dentists who want to submit claims arising from provincial government orders shutting down non-essential services. Aviva writes TripleGuard, a property and casualty insurance product for dentists provided by CDSPI, originally known as Canadian Dental…
How Canada’s P&C industry will weather the economic storm from COVID-19
April 1, 2020 by Jason ContantCanada’s P&C insurance industry will likely not experience significant underwriting losses overall, but financial volatility due to COVID-19 will affect investment portfolios in the short-term, global credit ratings firm DBRS Morningstar said in a new report. “We consider the coronavirus…
Employers will have to show they prepared workers to avoid breaches, lawyer says
April 1, 2020 by David Paddon - THE CANADIAN PRESSTORONTO – Amid the mass transition to remote working as a result of the COVID-19 pandemic, most employers are likely focused on operational issues in order to get their employees up and running in their new home offices. However, in…
“Working from home is working,” P&C industry reports in CU poll
March 27, 2020 by David GambrillSo far, so good, the Canadian property and casualty insurance industry appears to have adapted very quickly to the new virtual environment of working from home, according to results from a recent Canadian Underwriter survey of its readership. Just over…
Why Hub bought Morneau Shepell’s benefits consulting practice
March 11, 2020 by Jason ContantHub International’s recent acquisition of Morneau Shepell’s benefits consulting practice will allow the global brokerage to better serve the needs of both large employers and mid-market customers, the brokerage told Canadian Underwriter Tuesday. “[Morneau Shepell’s] focus on large and jumbo…
One business interruption risk from COVID-19 that your clients may overlook
March 11, 2020 by Greg MeckbachWill your business get interrupted because people working from home due to COVID-19 cannot log into their computer systems? “If you are asking staff to work from home, make sure that the technology systems to enable them to do that can…
Privacy commissioners reveal how egregious employee snooping has become
February 25, 2020 by Jason ContantCases of egregious employee “snooping” in Alberta have exploded to the point where some affected individuals won’t even seek health treatment within their communities anymore, the province’s privacy commissioner said at a conference Friday. Jill Clayton, Alberta’s information and privacy…
Commission payments: How the court resolved this dispute between the broker principal and producer
February 25, 2020 by David GambrillA recent case in Ontario serves as a warning to broker principals not to use an employment offer letter as the sole means to describe the brokerage’s commission structure to a new producer. If a commission structure is complicated, the…