Canadian Underwriter

Keyword
COVID-19

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How COVID made it easier to win the ‘war for talent’

October 28, 2020 by Jason Contant

If there’s a silver lining to the COVID-19 pandemic, it’s that the pandemic might actually aid in talent acquisition – even if that talent comes from outside Canada. It’s no secret there’s an ongoing “war for talent” in Canada’s property

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Bank of Canada holds rate steady, says COVID-19 economic recovery likely by 2022

October 28, 2020 The Canadian Press

OTTAWA – The Bank of Canada is keeping its key interest rate on hold as it says the country’s economy won’t fully recover what was lost to COVID-19 until 2022, with the road to there dependent on the path of

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What brokers REALLY think about their jobs and their bosses

October 26, 2020 by David Gambrill

Brokers are more satisfied with their jobs now than they have been over the past three years, Canadian Underwriter’s 2020 National Broker Survey reveals. What’s more, they like their bosses better than their bosses think they do (at least, this

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Paid Drastic Times and Drastic Measures: Keeping Businesses Running during the Age of the Coronavirus

October 26, 2020 Sara Ametrano

The COVID-19 virus has had a tremendous global impact. Throughout the world we’ve witnessed international borders shutting down to visitors, businesses ceasing operations and a significant hit to the economy. Some businesses have managed to maintain operations through remote working

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Experts say counterfeit hand sanitizer recall is a lesson for retailers

October 22, 2020 Tara Deschamps - THE CANADIAN PRESS

TORONTO – Dollarama Inc. is removing a counterfeit and recalled hand sanitizer from its shelves, which experts say should serve as a reminder of how important it is for retailers and consumers to do their due diligence when shopping. “Since

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How COVID accelerated broker tech by 4-5 years

October 21, 2020 by David Gambrill

COVID-19 has been good for the broker channel, in the sense that it has accelerated digital growth at brokerages by at least four to five years, a digital broker told the Insurance Brokers Association of Ontario (IBAO) virtual convention Wednesday.

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Ontario to provide COVID-19 liability protection to workers and some organizations

October 21, 2020 Shawn Jeffords and Liam Casey -THE CANADIAN PRESS

TORONTO – Health-care workers, businesses and non-profits could receive liability protection against COVID-19-related lawsuits under legislation proposed by the Ontario government Tuesday, but critics said the bill would result in extra protection for long-term care providers who failed residents during

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Some long-term care homes can’t get insurance, could be forced to close: association

October 20, 2020 Liam Casey - THE CANADIAN PRESS

Ontario’s long-term care homes are having trouble securing liability insurance for COVID-19, a situation that could force some of them to close, a group representing more than 70 per cent of the province’s homes says. The Ontario Long-Term Care Association

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Your list of business clients is at risk of shrinking: CPA Canada chief economist

October 16, 2020 by Adam Malik

The longer the COVID-19 pandemic drags on, the longer businesses will struggle and the risk that they close their doors for good, an economist is warning, and that spells bad news for the insurance industry. Canada is navigating through a

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Aviva Canada’s approach to the new pandemic workplace  

October 15, 2020 by David Gambrill

As the COVID-19 pandemic extends into the fall and winter months, with cases continuing to rise throughout the country, it is critical that the industry’s leaders foster a culture of trust within their P&C organizations moving forward, an Aviva Canada

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Cancelled contracts in the COVID age: A tribunal weighs in on a wedding, interrupted

October 14, 2020 by David Gambrill

A public health emergency such as a pandemic may be an unforeseen “act of God,” but that doesn’t necessarily mean it will make it illegal or impossible for a business to fulfill the terms of a commercial contract with a

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2020 U.S. election: How a pandemic plan south of the border can help cure Canadian P&C insurers’ results

October 14, 2020 by Adam Malik

As the United States nears election day, Canadian P&C insurers and other financial analysts are trying to read the tea leaves for signs of a crisis mitigation strategy south of the border that would address the COVID-19 pandemic and its