Keyword
COVID-19
By how much productivity for restoration firms dropped in the pandemic
March 6, 2021 by Adam MalikThe head of a claims restoration company says it’s reasonable to believe that productivity in his company and the industry as a whole has dropped by nearly 20% due to the global COVID-19 pandemic. That would be on par with…
B.C. eases requirements, extends deadline for small business recovery grants
March 5, 2021 The Canadian PressVICTORIA – The B.C. government has eased the eligibility requirements and extended the deadline for small and medium-sized businesses applying for funds under its $345-million pandemic recovery grant program. Businesses with up to 149 employees must now show a 30…
Health Canada says vaccine boosters will be approved more easily
March 4, 2021 Mia Rabson, The Canadian PressOTTAWA — Health Canada says it won’t require new clinical trial data from vaccine makers on booster shots being developed to target new variants of COVID-19. Instead, the regulator will rely more heavily on lab tests on blood samples, which…
February auto sales down 10% from year ago due to lockdowns and supply chain disruptions
March 3, 2021 The Canadian PressTORONTO – Canadian auto sales in February were down nearly 10 per cent compared with February 2020, the last full month before the lockdowns began due to the COVID-19 pandemic. According to estimates compiled by DesRosiers Automotive Consultants auto sales…
Lessons learned from ‘the toughest Cat season’
March 2, 2021 by Adam MalikThe COVID-19 pandemic made it difficult at times for insurers to work through natural catastrophes, said a Wawanesa executive during a recent web conference. But they’ve learned a few lessons because of it. As Cats stormed through Alberta to the…
Public auto insurer to issue pandemic rebate cheques
February 26, 2021 by Jason ContantSaskatchewan Government Insurance (SGI) is the latest public auto insurer to announce customer rebates for drivers resulting from the ongoing COVID-19 pandemic. Both Manitoba Public Insurance (MPI) and the Insurance Corporation of British Columbia (ICBC) announced rebates in January and…
How a shrinking office footprint can grow your company
February 26, 2021 by Adam MalikYou can grow your business by shrinking the office footprint, as long as you do it correctly, the CEO of Travelers Canada says. Several P&C insurance company executives are openly discussing how much office space they might actually need once…
Would your client actually buy a pandemic risk product?
February 25, 2021 by Jason ContantEven if insurance products were available for pandemic risk specifically, several businesses say they wouldn’t anticipate becoming more dependent on risk financing or insurance as a result, according to the results of a global survey from Aon. Few companies have…
Workplace Vaccination: Should you force your staff to vaccinate?
February 25, 2021 by Adam MalikEnforcing a vaccination policy on staff is fraught with challenges, a brokerage expert warned. It’s a hot-button issue in the industry, according to the results of a recent online survey of more than 1,150 P&C insurance professionals conducted by Canadian…
Workplace Vaccination: A gateway to workplace wellness discussions
February 24, 2021 by Adam MalikDiscussions about workers’ well-being during the COVID-19 pandemic have opened the door to broader discussions about workplace health and benefits, one brokerage executive has noticed. If employers want their staff healthy and working productively, they need to make sure staff…
The future of auto claims if everyone keeps working from home
February 23, 2021 by David GambrillAuto insurers will be watching very carefully to see how future working-from-home arrangements will affect downtown traffic patterns — and hence, auto insurance claims — during the post-pandemic era, says an RSA Canada claims executive. Government lockdowns to avoid the…
Workplace Vaccination: Follow the leader
February 23, 2021 by Adam MalikIf senior leadership wants employees to follow their guidance on getting vaccinated, they need to set the right example, experts advise. Leaders need to be seen promoting their vaccination programs, says Gigi Acevedo-Parker, a registered nurse and Hub International’s clinical…