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What Canada’s Supreme Court says about employers’ liability for bonuses

October 15, 2020 by Greg Meckbach

A constructive dismissal award against a Halifax-based fish oil maker of nearly $1.1-million has been restored by the Supreme Court of Canada. When it comes to employment practices liability, a key lesson from Matthews v. Ocean Nutrition Canada Ltd., released

News EmploymentInsurance

Opinion: How COVID-19 is changing the P&C talent landscape

June 3, 2020 Michael Vecchio, Sevenstep

The coronavirus pandemic could end up having a positive effect on the property and casualty insurance industry when it comes to finding new talent. COVID-19, the disease caused by the virus, has had a strong impact on the insurance industry

News EmploymentLegislation / Regulation

Bank of Canada keeps key rate target on hold, expects return to growth in Q3

June 3, 2020 Jordan Press - THE CANADIAN PRESS

OTTAWA – The economy appears to have avoided a worst-case scenario due to the COVID-19 pandemic, the Bank of Canada said Wednesday as it kept its key interest rate steady at its lower bound. The bank left its target for

News ClaimsRisk

Employment lawyers on returning to work during and after the pandemic

May 12, 2020 Nicole Thompson - THE CANADIAN PRESS

TORONTO – As provinces begin the slow process of reopening their economies and people start returning to the workplace, questions abound about the rights and responsibilities of employees and employers in the aftermath of COVID-19. The Canadian Press asked two

Feature Employment

Talent war goes high-tech

March 10, 2020 Jason Contant, Online Editor

How carriers and brokerages are leveraging tech to overcome their Number 1 threat

News BrokersInsurance

Broker fined for misrepresenting cause of her termination

February 21, 2020 by David Gambrill

A Manitoba broker has been fined $1,000 and ordered to take an ethics course after failing to fully disclose on her broker licence renewal application why her brokerage had terminated her for cause. Rahat Sharma, a broker who used to

News BrokersEmploymentInsurance

Why recruitment experts say brokers need to change their image

December 3, 2019 by Greg Meckbach

Finding it harder to recruit young people? Try explaining what insurance brokerage employees actually do, panelists advised brokers at a recent conference. “People who don’t work in the insurance industry have a distorted view of what it’s like to be

News Insurance

One insurance role that could be wiped out by artificial intelligence

July 19, 2019 by Greg Meckbach

Artificial intelligence is going to have a big impact on adjusters, actuaries and insurance agents, but it won’t necessarily kill their jobs, an AI expert suggests. But lower-skilled jobs may be in jeopardy. “Jobs at call centres are going to

News EmploymentInsurance

Labour market tightens in finance, insurance

June 28, 2019 by Greg Meckbach

Wages and job openings in the insurance and financial sectors have dropped, Statistics Canada reported recently. The vacancy rate in insurance and finance stood at 2.8% during the first quarter of 2019, down from 3.1% in 2018 Q1, StatsCan said

News InsuranceLegal

How harassment lawsuit ruling affects insurers

March 28, 2019 by Greg Meckbach

Despite a recent ruling that harassment is not a free-standing tort in Ontario, corporate clients and their brokers still need to view harassment accusations as a serious liability risk. In Merrifield v. The Attorney General, released in 2017, Justice Mary Vallee

News EmploymentInsurance

Employment down over 10 years among Canadian P&C carriers

December 4, 2018 by Greg Meckbach

The number of people employed by property and casualty insurers in Canada has dropped slightly over the past 10 years but increased from 2016 to 2017, a study released Tuesday says. The total number of people working for P&C carriers

Feature LegalMergers and Aqcuisitions

Here comes Trouble

September 11, 2017 The CIP Society - Insurance Institute of Canada

The quick fix of terminating a producer suspected of unethical behaviour by simply cutting a cheque could have some lingering effects. Litigation costs and unpleasantness may be avoided, but what if the producer simply moves on to a new job and continues with the same questionable behaviour? What must a brokerage do to meet its obligations to its customers, its industry and regulators?