Topic Risk Managers
This major airport setup poses serious crash risk: TSB
January 31, 2019 by Colin Perkel - THE CANADIAN PRESSTORONTO _ A poorly laid out runway complex and pilots distracted by required tasks have led to potentially catastrophic situations at Canada’s busiest airport, federal safety authorities said on Thursday. The finding comes from an investigation into 27 runway incursions…
Online basement flood course coming soon
January 30, 2019 by Greg MeckbachAn online version of the Home Flood Risk Assessment Training will be available Canada-wide this March, Blair Feltmate, head of the Intact Centre on Climate Adaptation, said in a recent interview. The course is geared towards insurance brokers, home inspectors,…
Multiple trucking violations by Humboldt semi driver noted in government report
January 29, 2019 by Bill Graveland - THE CANADIAN PRESSMELFORT, Sask. – A Saskatchewan government report says the driver of a semi-truck should not have been on the road the day he flew through a stop sign and caused a crash with the Humboldt Broncos team bus. The report…
Private flood insurance cited in new emergency management plan
January 28, 2019 by Jason ContantFederal, provincial and territorial (FPT) governments could “engage the private sector to develop an affordable private flood insurance model for the entire population, including clear incentives for mitigation of flood risks,” says a newly released emergency management strategy. Ministers have…
How your commercial clients are exposed to pot liability even if they don’t produce cannabis
January 25, 2019 by Greg MeckbachMarijuana poses a liability risk for commercial clients even if they are not in the cannabis business, an insurance lawyer suggests. Suppose your client operates a hotel where a party takes place. If someone smokes cannabis at that party, drives,…
One cannabis risk that seems under the radar
January 23, 2019 by Greg MeckbachWith the legalization of recreational marijuana, more needs to be done to warn people of the health risks, including psychosis, a speaker told insurance claims professionals Tuesday. “One of the things I am most disappointed about is that, in the…
Why CBI insurance is on the rise in Canada
January 16, 2019 by Jason ContantContingent business interruption (CBI) insurance is on the rise in Canada, with an increase in both demand and higher limits, says the CEO and chief agent for Allianz Global Corporate & Specialty (AGCS) Canada. “This is one of the most…
This province lacks ‘reasonable’ cyber security: privacy commissioner
January 15, 2019 by Keith Doucette - THE CANADIAN PRESSHALIFAX – A pair of reports slam the Nova Scotia government for failing to protect personal information, saying the risk management around its freedom-of-information website was inadequate and a privacy breach last year was preventable. In his report released Tuesday…
An adjuster’s take on the hazards of cannabis edibles
January 14, 2019 by Jason ContantEdibles containing cannabis are expected to become legal in Canada later this year, so insurance professionals are encouraging social hosts and commercial establishments to ensure their guests are consuming these products responsibly. With the legalization of recreational marijuana in Canada…
How emergency generators can help reduce insured losses
January 11, 2019 by Jason ContantEmergency generators not only temporarily provide electricity during a power outage, but can also mitigate property damage and help reduce insured losses, says a new report from the Institute for Catastrophic Loss Reduction (ICLR). These generators can help reduced insured…
Massive fire continues on Halifax-bound container ship
January 7, 2019 by THE CANADIAN PRESSHALIFAX – A second offshore support vessel has arrived off Canada’s east coast to help fight a fire that has been burning for days aboard a large container vessel bound for Halifax. “Several containers are still burning,” Tim Seifert, a…
Canadian university risk manager on RIMS board
January 2, 2019 by Greg MeckbachA Canadian risk manager is the new vice president of Risk and Insurance Management Society Inc., New York City-based (RIMS) announced Wednesday. Steve Pottle – director of risk management services for Thompson Rivers University in Kamloops, B.C. – was previously…