Canadian Underwriter

Keyword
COVID-19

Smiling young businesspeople talking during a video conference call
News Insurance

How to attract and retain young workers post-pandemic

May 12, 2022 by Jason Contant

As more employees in the Canadian P&C industry retire and the industry continues to face a talent crunch, some are looking to young workers to fill the gap. New research from the University of Massachusetts Amherst shows that the social

Illustration of a boss leaning in to a group of employees.
News BrokersEmploymentInsurance

Adapting management styles for the post-COVID workplace

April 28, 2022 by Alyssa DiSabatino

Managers must develop different management skills for the post-COVID world, say panellists at the Insurance Institute of Canada’s Pivot with Purpose webinar.  As many organizations begin their transition to a hybrid work model, companies have a responsibility to adapt their

Two young businesspeople wearing protective face mask discussing paperwork together at a desk in a modern office
News BrokersInsuranceProfessional Development

How employers are incentivizing the return to the office

April 27, 2022 by Alyssa DiSabatino

Many in the P&C industry plan to return to work in-person, so companies may want to consider ways to incentivize their employees to return to their offices, suggests a panellist at the Insurance Institute of Canada’s Pivot with Purpose webinar.

Medical mask on a car mirror
News Insurance

By how much UBI use increased during the pandemic

April 20, 2022 by Jason Contant

Canadian drivers appear to be gravitating toward usage-based insurance (UBI) as the COVID-19 pandemic stretches past its second year. Since 2019, there has been a 40% increase in the number of drivers opting into UBI when filing out a car

Architect and engineer talking on a construction site
News Insurance

Key challenges facing your construction industry clients

April 6, 2022 by Jason Contant

An ongoing labour shortage, exacerbated by the COVID-19 pandemic, is one of the key issues facing the construction industry in general, says the head of risk control with Travelers Canada. “I think the biggest prolonged challenge that comes around, seems

A row of cars in the evening on a busy road, their brake lights are on.
News ClaimsInsuranceRisk

Post-pandemic trends in auto insurance

April 4, 2022 by Alyssa DiSabatino

While it may be too early to tell how the end of provincial COVID-19 restrictions are influencing auto insurance claims, industry experts are bracing for higher claims severity, a return to pre-pandemic levels of traffic, higher auto rates due to

Manufacturing plant
News Insurance

Manufacturers look to budget for help on supply chain problems, domestic production

April 1, 2022 Jordan Press - THE CANADIAN PRESS

OTTAWA – The federal Liberals are being asked to muscle space in next week’s budget to help Canada become more productive, and lay investments to lure new companies as part of a push to simplify pandemic-strained supply chains. For years,

Traveller waiting for flight in airport
News Insurance

Travel insurance enters new world, as pandemic restrictions ease

March 25, 2022 by Jason Contant

The federal government’s easing of COVID-19 travel restrictions will generally make it easier for travellers to get insurance coverage, since some providers weren’t in the position to offer coverage when travel advisors were at a higher level, travel insurers tell

Calgary, Canada - May 23, 2015: Sunset over Calgary's skyline with the Scotiabank Saddledome in the foreground. The dome with its unique saddle shape is home to the Calgary Flames NHL club, and is one of the oldest professional hockey arenas in North America.
News Commercial LinesInsurance

Calgary Flames sue insurers $125 million for pandemic-related losses

March 23, 2022 by Alyssa DiSabatino

The Calgary Flames have filed a $125-million lawsuit against its insurers to enforce the terms of an all risks insurance policy for “massive losses” due to the COVID-19 pandemic.   The named defendants in the statement of claim filed in

Woman at the airport with Canadian passport
News Insurance

How to navigate travel insurance ahead of March break as pandemic restrictions ease

February 24, 2022 Christopher Reynolds - THE CANADIAN PRESS

MONTREAL – With the Omicron variant in retreat, Canadians looking to get away for spring break now have a more robust range of travel insurance options. The federal government announced last week it will roll back testing and quarantine restrictions

Looking forward to the future
News Insurance

How the P&C industry should shift its thinking about climate risk

February 11, 2022 by Jason Contant

Canada’s P&C insurance industry needs to adapt its climate risk business model to focus more on loss prevention rather than indemnity, a speaker says Thursday at an industry event. And pricing needs to be forward-looking rather than based on historical

'Omicron variant' written on test tube
News Insurance

Omicron variant raises uncertainty as companies downgrade forecasts  

February 1, 2022 Christopher Reynolds - THE CANADIAN PRESS

The highly transmissible Omicron variant has prompted companies in the manufacturing and resource sectors to downgrade their earnings forecasts amid ongoing uncertainty linked to the COVID-19 pandemic.   Cascades Inc., the Quebec-based packaging and tissue company, said Monday it expects fourth-quarter