After the deadly Sunrise Propane explosions caused a massive evacuation in north Toronto, the central focus of regulators came as a surprise to some engineers who investigate such disasters. Pumping propane from one truck to another was identified as a…
What liability risk do Canadian corporate clients face if they have supply chains in countries where workers are vulnerable to abuse or unsafe working conditions? It’s an open question right now, but brokers could get some guidance once the Supreme…
Is your client’s loss of income covered if the business got interrupted because of a catastrophe that hit a supplier? That depends on what the policy says and whether the client actually bought contingent business interruption (CBI) insurance. And these…
If a condo corporation enters your client’s unit to repair suspected flood damage but finds other hazards, can they complete those additional repairs instead and seek reimbursement from the unit owner? It would appear not, if the factors of the…
Brokers wanting to find out how likely their client’s basement will be flooded might want to ask whether the insurance companies are using data from the municipality in their flood maps. “A lot of residents have indicated concerns with purchasing…
Rogue employees may be plotting ways to cause damage to your clients’ business. How to advise your clients on managing the risk
Trying to think of a new way to broach that cyber insurance discussion with your clients? Why not highlight identity theft and fraud coverage for your personal lines clients, suggests a new research paper from the Insurance Institute of Canada.…
HALIFAX – Nova Scotia Premier Stephen McNeil says his government is looking at regulations that could ban flavoured vaping products in the province. McNeil responded Wednesday after the Opposition Progressive Conservatives introduced legislation aimed at addressing the growing numbers of…
HALIFAX – Work was expected to begin Sunday that would allow the removal of the mangled remains of a construction crane that collapsed in downtown Halifax during post-tropical storm Dorian. The province said in a news release that final inspections…
Liability surrounding vaping is being thrust into the spotlight after a London, Ont. high school student was temporarily put on life support from a suspected “severe respiratory illness” associated with smoking electronic cigarettes. “There were lawsuits many years ago to…
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. A recent tragic pile-up on a major highway near Montreal has…
As the market transforms, risk managers are looking for their brokers to keep them up to speed on market dynamics and why they are happening, a panel discussion said. Times are more challenging for everyone in the insurance industry, which…