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Regulator revokes healthcare provider licence for insurance fraud 

January 29, 2024 by Jason Contant

Ontario’s financial services regulator has revoked the healthcare service provider licence of a Markham clinic and imposed administrative penalties against the clinic and two individuals in connection with fraudulent billing practices.  The Financial Services Regulatory Authority of Ontario (FSRA) revoked

Cybersecurity threat to healthcare information
News Insurance

At least 37,800 people affected by cyberattack last year on N.L. healthcare system

July 22, 2022 The Canadian Press

ST. JOHN’S, N.L. – About 37,800 people in Newfoundland and Labrador have been sent privacy breach notices stemming from a cyberattack last year on the province’s healthcare system, a spokesperson with the Eastern Health authority said Thursday. The letters were

News Insurance

N.L. cyberattack shows Canada needs national rules to protect personal data: experts

November 18, 2021 Sarah Smellie - THE CANADIAN PRESS

ST. JOHN’S, N.L. – The cyberattack on Newfoundland and Labrador’s health-care system is yet another urgent signal that Canada needs better rules around protecting personal health information from hackers and needs a unified response plan when health-care services are under

News Insurance

Workplace Vaccination: A gateway to workplace wellness discussions

February 24, 2021 by Adam Malik

Discussions 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

News Insurance

The insurance implications of virtual healthcare in the COVID era

September 24, 2020 by Jason Contant

As more and more Canadians take advantage of virtual healthcare options during the COVID-19 pandemic, brokers and insurers need to make sure their clients have adequate insurance protection for this emerging risk. The move to medical consultations by video or

News InsuranceRisk

Life and death decisions during a pandemic: Healthcare risk managers in the front lines

April 16, 2020 by Jason Contant

Crisis standards of care (CSC) plans should be developed before a disaster such as COVID-19 strikes, but they can be fine-tuned even in the midst of the crisis, a senior risk management consultant said recently. CSC is when healthcare systems,

News InsuranceMarkets / CoveragesTechnology

What happens when insurance, technology and healthcare collide?

March 5, 2020 by Jason Contant

The convergence of healthcare and technology could have a knock-on effect for the Canadian property and casualty insurance industry, a specialty insurer said recently. “For healthcare providers, they can largely model what the risks have been for the last 100

News InsuranceMarkets / Coverages

Three reasons why healthcare is often the target of cyberattacks

August 21, 2019 by Jason Contant

If your client works in the healthcare industry in Canada, they likely know they are an attractive target for cybercriminals. But new research from global cybersecurity company Kaspersky sheds light on some of the reasons why. The study of more

News InsuranceMarkets / Coverages

This sector is the most targeted by cyber criminals

March 29, 2019 by Jason Contant

The healthcare industry continued to be the most targeted sector by cyber criminals in 2018, accounting for 41% of attacks, according to the Beazley 2019 Breach Briefing, released Tuesday. “Healthcare records are more valuable to attackers and sell for significantly

News InsuranceTechnology

How ransomware can become a broker’s cyber selling point

December 18, 2018 by Jason Contant

Brokers placing cyber coverage for healthcare clients may want to take note of a new survey that found for many Canadian businesses, ransomware isn’t a one-time occurrence. Of those polled that said they knew of a ransomware attack in their

News InsuranceMarkets / Coverages

Healthcare providers billing ‘impossible’ hours treating car crash victims

March 29, 2018 Colin Perkel - THE CANADIAN PRESS

TORONTO – Hundreds of health-care providers in Ontario are billing insurance companies for an improbable number of daily hours spent treating car crash victims, recent insider data suggest. However, no one appears to be leading a charge against the potentially

News InsuranceMarkets / CoveragesTechnology

Ransomware attacks continue to rise, but accidental data breaches remain a major cause of loss: Beazley

August 1, 2017 by Canadian Underwriter

Ransomware attacks continued their rise in the first half of 2017, up by 50% over the first half of 2016, but accidental breaches continue to be a major problem and account for 30% of breaches overall, specialist insurer Beazley reported