Canadian Underwriter

Keyword
COVID-19


News Insurance

Small businesses grappling with Omicron, after two years of closures and restrictions

December 23, 2021 Tara Deschamps - THE CANADIAN PRESS

As the December holidays neared, the Old Triangle alehouses across the Maritimes were bustling with Christmas parties and diners revelling in the festive season. But that energy vanished in recent days as the Omicron variant of COVID-19 raged across Canada

News Insurance

Travellers should check insurance coverage twice amid changing rules, experts say

December 20, 2021 Brett Bundale - THE CANADIAN PRESS

Travel industry experts are warning Canadians to double check their insurance coverage before embarking on a trip this holiday season amid tightening travel restrictions. Holiday travel has been upended by the latest COVID-19 variant sweeping the globe, prompting some travellers

News Insurance

Drought, wildfires, COVID-19 drive up Saskatchewan deficit to record $2.7B

December 2, 2021 Mickey Djuric - THE CANADIAN PRESS

REGINA – Saskatchewan’s latest financial report says drought, wildfires and the COVID-19 pandemic have heavily contributed to what is projected to be a record deficit. The mid-year report released Monday shows a deficit of $2.7 billion, an increase of $97

News Insurance

Canadian travel insurance quotes surge year-over-year

November 25, 2021 by Jason Contant

Travel insurance quotes have surged nearly 300% year-over-year as pandemic restrictions ease and Canadians are eager to travel again, according to a new report from rate comparison site RATESDOTCA. The rate aggregator analyzed data from thousands of quotes from its

News Insurance

Border-crossing vaccine mandate adds to driver shortages, supply chain concerns

November 17, 2021 Canadian Underwriter Staff

Brokers are struggling to support their transportation clients as a new border-crossing vaccine mandate adds to driver shortages and supply chain concerns for an industry that’s already grappling with a host of prolonged concerns, a broker has said. The recent

News Insurance

Brokers adapting to pandemic, hard market adversity

November 8, 2021 Jeff Buckstein

Brokers have adapted well to the unprecedented challenges posed by the worst global pandemic in more than a century, on top of a hard insurance market, according to the Trusted Advisor 2021 survey by Canadian Underwriter. Brokers are “a very

News Insurance

Risk management more important than ever to middle market firms, yet few turn to brokers for advice: Chubb report

October 22, 2021 Canadian Underwriter Staff

Risk management has become a top concern for middle market companies surveyed following more than a year of pandemic and other related business disruption, data from Chubb has shown. According to Chubb’s Middle Market Indicator for Q2 2021, which surveyed

News Insurance

Small businesses warn of layoffs, closures if pandemic aid isn’t extended

October 21, 2021 The Canadian Press

OTTAWA – Business groups in Canada are warning that ending federal pandemic-relief programs too soon could send shock waves through the economy. Cutting off wage and rent subsidies as planned on Saturday will force many businesses to reduce their hours,

News Insurance

Pandemic communication between brokers and insurers needed improvement, brokerage executive says

October 19, 2021 by Jason Contant

Communication between brokers and insurers could have been better during the pandemic, a Hub International executive said during Insurance Bureau of Canada’s 2021 Commercial Insurance Symposium. “We did have some good communication, but I think there was a little bit

News Insurance

B.C. seeks forfeiture of $2.8M condo owned by alleged COVID-19 violator

October 19, 2021 The Canadian Press

VICTORIA – A civil action has been filed in British Columbia Supreme Court that could see the owner of a condo in Vancouver stripped of his property after allegedly violating COVID-19 restrictions. The director of civil forfeiture filed the claim

News Insurance

How wedding insurance will adapt to a post-pandemic world

October 6, 2021 Brooke Smith

Wedding revenues dropped by almost 40% drop in Ontario last year, according to HelloSafe.ca, due largely to the COVID-19 pandemic. Wedding insurance, as a result, was also affected. Pre-pandemic, Front Row Insurance Brokers was receiving about 200 orders a month

News Insurance

As small business sentiment drops, Liberals pressed to give benefits extra life

October 6, 2021 Jordan Press - THE CANADIAN PRESS

OTTAWA – A group representing thousands of small businesses says uncertainty over the fate of federal pandemic supports is causing its members to lose confidence in their financial prospects, and pushing the Liberals to provide more life support for ailing