Canadian Underwriter

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Risk Management

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Governments looking at further restrictions on people and businesses

April 2, 2020 Colin Perkel - THE CANADIAN PRESS

TORONTO – An already grim economic and employment toll looked set to worsen Thursday as authorities pondered further tightening restrictions on people and businesses aimed at curbing the spread of the COVID-19 pandemic. Prime Minister Justin Trudeau said too many

Feature Risk

Sticker Shock

April 1, 2020 Greg Meckbach, Associate Editor

How will underwriters assess your organization’s commercial property risk? A guide to help risk managers avoid renewal surprises in a tough market environment

News EmploymentLegalRisk

Employers will have to show they prepared workers to avoid breaches, lawyer says

April 1, 2020 David Paddon - THE CANADIAN PRESS

TORONTO – Amid the mass transition to remote working as a result of the COVID-19 pandemic, most employers are likely focused on operational issues in order to get their employees up and running in their new home offices. However, in

News InsuranceRiskTechnology

Marriott says new data breach affects 5.2 million guests

March 31, 2020 Dee-Ann Durbin - THE ASSOCIATED PRESS

Marriott says guests’ names, loyalty account information and other personal details may have been accessed in the second major data breach to hit the company in less than two years. Marriott said Tuesday approximately 5.2 million guests worldwide may have

News InsuranceReinsuranceRisk

Pandemic bonds: The financial cure we need for COVID-19?

March 30, 2020 The Canadian Press

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Authors: Dror Etzion, Associate Professor, Strategy and Organizations, McGill University; Bernard

News RiskTechnology

Web conferencing platforms at risk of being lure for phishing emails: consultant

March 27, 2020 David Paddon - THE CANADIAN PRESS

TORONTO – With the use of web-based video conferences proliferating during the COVID-19 crisis, cyber security experts warn they pose a threat as well as an opportunity in the age of telework. “In the past, we have seen certain teleconferencing

News Risk

Carshare service to be suspended due to coronavirus outbreak

March 26, 2020 by Jason Contant

TORONTO – Enterprise Holdings Inc. says it will suspend its carsharing service starting Friday because of the coronavirus pandemic. The car rental agency says that its CarShare program will close indefinitely to “ensure the safety of our community.” The service

News Insurance

Can New Brunswick handle spring flooding during COVID-19 crisis?

March 25, 2020 The Canadian Press

FREDERICTON – New Brunswick’s premier says his government will do what’s necessary to protect citizens if there is spring flooding while the COVID-19 crisis is still underway, and that could mean calling in the military. “We’re watching it very closely

News Risk

Governments fight to curb COVID-19 and economic fallout of growing job losses

March 24, 2020 Colin Perkel - THE CANADIAN PRESS

TORONTO – The two-pronged battle to contain the spread of COVID-19 while inoculating the economy saw governments on Tuesday rush to ease financial hardship amid massive job losses even as they tightened restrictions that could last for weeks. With large

News ClaimsClaims CanadaRiskTechnology

How cybercriminals are targetting employees working from home

March 19, 2020 David Paddon - THE CANADIAN PRESS

TORONTO – Cybersecurity experts are renewing their warnings that the COVID-19 crisis is a huge opportunity for criminals to take advantage of confusion as people are forced to work away from the office. A U.S. security firm says at least

News Claims CanadaLegalRisk

How D&O claims could arise from COVID-19

March 17, 2020 by Greg Meckbach

If your clients are accused of failing to warn shareholders of the impact of COVID-19, their directors and officers could have liability exposure, experts from Marsh suggest. Generally speaking, directors and officers tend to have the same liability exposure as

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How liability insurance responds (or not) to COVID-19

March 16, 2020 by Greg Meckbach

If your clients are sued as a result of the COVID-19 pandemic, don’t assume they will be covered by a commercial general liability policy. General liability policies have exclusions; and for COVID-19, the most relevant exclusion is probably pollution, suggested