Canadian Underwriter

Keyword
covid19


News InsuranceTechnology

COVID is forcing this tech conversation among carriers’ senior management

January 11, 2021 by Greg Meckbach

Disruptions from the COVID-19 pandemic are putting digital transformation and new product launches high on the agenda of insurance carrier executives, the CEO of a property and casualty insurance software vendor suggests. “When we look at the impact on carriers

News AdjustersClaimsClaims CanadaInsuranceLegal

Impeding, hindering or preventing: Do these mean the same thing in business interruption insurance?

January 6, 2021 by Greg Meckbach

Say your client has a policy covering business interruption if the government prevents access to the premises. A pandemic breaks out. Say that client is not completely prohibited from conducting business, but is still losing sales because the government is

News ClaimsClaims CanadaCommercial LinesLegal

Another win for wedding vendors in a COVID cancellation dispute

December 16, 2020 by Greg Meckbach

A British Columbia couple who cancelled their August 2020 wedding due to pandemic concerns is not entitled by a force majeure (an ‘Act of God’) clause to a refund of $4,000 they paid the would-be venue in advance. The province’s

Feature ClaimsClaims CanadaCommercial Lines

The show must go on

December 11, 2020 Scott Carroll, Executive Vice President, Program Director, Take1 Insurance

The new COVID landscape means looking for alternative ways to mitigate claims risk at live events

Feature BrokersCommercial LinesTechnology

Future workplaces

December 5, 2020 Nick Novinger, Regional Manager (Quebec), Canadian Insurance Brokers Inc.

Many brokers turned working from home into a success. What lessons can we take with us when we return to the office?

Feature Brokers

Wearing a new hat

December 3, 2020 David Gambrill, Editor-in-Chief

Asked what “value-added” services they are providing to clients, brokers say they are increasingly wearing a risk manager’s hat. That means giving their clients more holistic advice on claims, loss control, and risk mitigation.

News BrokersClaims CanadaRisk

COVID contact tracing is not working, commercial brokerage warns

December 3, 2020 by Greg Meckbach

COVID fatigue and the difficulty in tracing the close contacts of people who test positive for the novel coronavirus are among the reasons Canada is experiencing such high case counts, an Aon Canada expert suggests. The Canadian Press reported Thursday

News ClaimsClaims CanadaCommercial LinesLegislation / RegulationRisk

How COVID-19 workplace risk advice has evolved

November 26, 2020 by Greg Meckbach

As the pandemic enters its ninth month, risk managers are seeing more emphasis on the length of conversations and the importance of wearing proper masks. “The key thing now is the length of contact with somebody else. Right now, if

News Catastrophes

Lessons for the industry from pandemic business interruption coverage disputes

November 10, 2020 by Greg Meckbach

Massive business interruption losses resulting from COVID-19 have encouraged discussion about how governments can work with the property and casualty insurance industry to handle global disasters such as future pandemics, the CEO of an Ontario mutual suggests. “Public and private

News ClaimsClaims CanadaCommercial LinesInsuranceLegal

How much Northbridge could pay out in COVID claims

November 2, 2020 by Greg Meckbach

Long-term care facilities accounted for a good chunk of the US$25.5 million in COVID-19 losses that Northbridge reported in the three months ending Sept. 30, officials with parent company Fairfax Financial Holdings Ltd. suggested this past Friday. Toronto-based Fairfax released

News ClaimsClaims CanadaCommercial LinesInsuranceLegal

What this Vancouver plaintiff’s lawyer says about pandemic business interruption coverage

October 27, 2020 by Greg Meckbach

A British Columbia lawyer suggests at least half the business interruption insurance policies he has reviewed should cover a client who lost business because of emergency measures imposed to contain the novel coronavirus. “People who have ‘all-risk’ policies should be

News BrokersMGAs

How Lloyd’s says the industry can make commercial policies easier to read

October 21, 2020 by Greg Meckbach

Traditional insurance policies can be hard to read on mobile devices and legalistic language can make them difficult to understand, Lloyd’s suggested in a recent report. The design and format of policy documents is important, Lloyd’s said in Building simpler