Keyword
covid19
How COVID-19 vaccine side effects impact liability risk
January 12, 2021 by Greg MeckbachSome people could suffer side effects from a COVID-19 immunization, but the vaccine manufacturers have a number of protections that minimize their liability risk, Canadian lawyers suggest. Prime Minister Justin Trudeau was quoted last week by The Canadian Press as…
COVID is forcing this tech conversation among carriers’ senior management
January 11, 2021 by Greg MeckbachDisruptions 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…
Impeding, hindering or preventing: Do these mean the same thing in business interruption insurance?
January 6, 2021 by Greg MeckbachSay 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…
Another win for wedding vendors in a COVID cancellation dispute
December 16, 2020 by Greg MeckbachA 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…
The show must go on
December 11, 2020 Scott Carroll, Executive Vice President, Program Director, Take1 InsuranceThe new COVID landscape means looking for alternative ways to mitigate claims risk at live events
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?
Wearing a new hat
December 3, 2020 David Gambrill, Editor-in-ChiefAsked 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.
COVID contact tracing is not working, commercial brokerage warns
December 3, 2020 by Greg MeckbachCOVID 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…
How COVID-19 workplace risk advice has evolved
November 26, 2020 by Greg MeckbachAs 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…
Lessons for the industry from pandemic business interruption coverage disputes
November 10, 2020 by Greg MeckbachMassive 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…
How much Northbridge could pay out in COVID claims
November 2, 2020 by Greg MeckbachLong-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…
What this Vancouver plaintiff’s lawyer says about pandemic business interruption coverage
October 27, 2020 by Greg MeckbachA 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…