Topic Risk Managers
Governments fight to curb COVID-19 and economic fallout of growing job losses
March 24, 2020 by Colin Perkel - THE CANADIAN PRESSTORONTO – The two-pronged battle to contain the spread of COVID-19 while inoculating the economy saw governments on Tuesday rush to ease financial hardship amid massive job losses even as they tightened restrictions that could last for weeks. With large…
How cybercriminals are targetting employees working from home
March 19, 2020 by David Paddon - THE CANADIAN PRESSTORONTO – Cybersecurity experts are renewing their warnings that the COVID-19 crisis is a huge opportunity for criminals to take advantage of confusion as people are forced to work away from the office. A U.S. security firm says at least…
How D&O claims could arise from COVID-19
March 17, 2020 by Greg MeckbachIf your clients are accused of failing to warn shareholders of the impact of COVID-19, their directors and officers could have liability exposure, experts from Marsh suggest. Generally speaking, directors and officers tend to have the same liability exposure as…
We will get more cases’; Calgary implements state of emergency over COVID 19
March 16, 2020 by Bill Graveland - THE CANADIAN PRESSCALGARY – The City of Calgary is in a local state of emergency to help fight the spread of COVID-19. Downtown streets were mostly empty Monday and traffic was light as many Calgarians heeded public warnings about the novel coronavirus…
How commercial lease terms affect gas bars’ pollution liability
March 12, 2020 by Greg MeckbachIf a retail gas station has to remove underground tanks and contaminated soil, is the landlord or tenant responsible for the costs? Much of it depends on the terms of the lease and case law around commercial tenants’ trade fixtures,…
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…
Court approves settlement for women suing RCMP over discrimination
March 11, 2020 by Colin Perkel - THE CANADIAN PRESSTORONTO – A group of women won final court approval on Tuesday for their multimillion-dollar class action against the RCMP over gender-based abuse and discrimination. The open-ended settlement will allow each plaintiff to claim between $10,000 and $220,000 – depending…
Northbridge reveals your client’s biggest risk of commercial property water damage
March 10, 2020 by Greg MeckbachImproper installation of pipes and connections is one of the biggest risks your clients face when it comes to water losses, Northbridge Insurance suggests. “Most water damage losses occur as a result of faulty workmanship. If contractors improperly install pipes…
Ingredients are there for N.B. flooding, but too early to forecast: officials
March 10, 2020 by Kevin Bissett - THE CANADIAN PRESSFREDERICTON – Public safety officials in New Brunswick say people living in flood-prone areas of the province should be prepared for rising waters, but it’s too early to say what this year’s flood season will bring. The province launched its…
Ontario unveils new flooding strategy, but minister mum on funding
March 9, 2020 by Allison Jones - THE CANADIAN PRESSOntario’s new flooding strategy is focusing on increasing public awareness and preparedness, but it’s not clear if it will come with any new funding. Natural Resources Minister John Yakabuski announced in Minden, Ont., that the strategy builds on the recommendations…
Three strategies to help insurance pros deal with coronavirus anxiety
March 6, 2020 by Jason ContantWith the number of coronavirus cases increasing in Canada and “coronavirus anxiety” now a reality, there are some strategies insurance professionals can take to ensure their teams continue to collaborate effectively and maintain momentum in the business. Among those strategies…
Canadian military equipment vulnerable to cyberattacks, officials say
March 6, 2020 by Lee Berthiaume - THE CANADIAN PRESSOTTAWA – Canada and the United States are working together to make their high-tech military equipment less hackable, top defence officials said in Ottawa Thursday, but they have a lot of work to do. Speaking to the Ottawa Conference on…