Topic Risk Managers
Machines to handle over half of workplace tasks by 2025, report says
September 17, 2018 by Jamey Keaten - THE ASSOCIATED PRESSGENEVA – More than half of all workplace tasks will be carried out by machines by 2025, organizers of the Davos economic forum said in a report released Monday that highlights the speed with which the labour market will change…
Liability risks from fuel storage tanks
September 14, 2018 by Greg MeckbachClients who make tanks for flammable and hazardous material cannot always obtain insurance covering the full range of product and pollution liability. Matrix Service Company, whose products include above-ground fuel tanks, said Wednesday its products can potentially expose it to…
Will Hurricane Florence affect reinsurance rates in Canada?
September 12, 2018 by Jason ContantAs the southeastern United States braces for Hurricane Florence – one year after Hurricanes Harvey, Irma and Maria caused widespread destruction in the country – the question of whether there is sufficient reinsurance capacity is again thrust into the spotlight.…
This storm preparation tip is a myth
September 12, 2018 by Greg MeckbachAs Newfoundland gets hit by the remnants of Tropical Storm Gordon and Hurricane Florence threatens the Carolinas, brokers can make a difference in advising homeowners what not to do as nasty weather approaches. “In Canada, there are not many hurricane-type…
Desjardins Group part of new Canadian cybersecurity collective
September 12, 2018 by Jason ContantMONTREAL – Security-minded consumers will soon have access to a free app designed to protect their data from cybersecurity threats. The digital app, called Protection, is designed to help users detect security breaches and scamming attempts in their emails, texts…
Where Canada should look for regulation on autonomous vehicles
September 10, 2018 by Jason ContantCanadian provinces seeking guidance on addressing liability issues of autonomous vehicles could look to the United Kingdom as an example, an insurance lawyer told Canadian Underwriter Friday. The UK has a bill in the reading stages that, if passed, would…
Unpredictable sinkhole in Nova Scotia takes bite out of parking lot
September 5, 2018 by The Canadian PressOXFORD, N.S. – A large sinkhole that has swallowed trees and picnic tables in a Nova Scotia park has now taken a bite out of a parking lot, as the natural phenomenon continues to capture the attention of geological experts…
Liability risk for private pot retailers
August 28, 2018 by Greg MeckbachYour retail client could be at risk of a lawsuit if it starts selling cannabis, but the exposure may not be the same as the liability risk of a bar serving alcohol, an insurance defence lawyer suggests. Whether a retailer…
Feds approve first saliva screening roadside test for marijuana
August 28, 2018 by The Canadian PressOTTAWA – Justice Minister Jody Wilson-Raybould is giving the green light to a new roadside test to check for drugs. On Monday, Wilson-Raybould approved the Drager DrugTest 5000 as the first saliva screening equipment to be used by law enforcement…
Could this new construction method hike insurance costs?
August 27, 2018 by Greg MeckbachA client occupying a tall wood building could face higher insurance costs, a group of masonry producers claims, while one fire insurer confirms such a building deserves closer scrutiny from an underwriter. Your insurance premiums would be higher as an…
Hot opportunity in this Canadian insurance line is linked to M&A
August 24, 2018 by Greg MeckbachRepresentations and warranties (R&W) insurance is becoming a hot market, as commercial clients wonder whether mergers and acquisitions could expose them to unforeseen liabilities. In Canada, the R&W market “has really expanded,” according to Brian Kelly, a Montreal-based managing partner…
How smoke from B.C. wildfires affects this industry
August 24, 2018 by Beth Leighton - THE CANADIAN PRESSVANCOUVER – Winemakers can only hope the scent of smoke that’s in the air across British Columbia from wildfires won’t swirl in the glass once this year’s vintages have been bottled. Smoke-shrouded grapes can give an ashy, bitter flavour to…