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Why a short-term approach to talent management doesn’t work anymore

November 26, 2021 by Jason Contant

It’s time employers get better at sourcing their own talent and actively developing their employees’ skills, two authors wrote in a blog from Harvard Business Review. “For decades, companies have adopted a short-term, ad hoc approach to talent management —

News Insurance

Why cyber risk is frustrating for some insurers

November 25, 2021 by Greg Meckbach

Cyber insurers are taking a “multi-pronged” approach to ensure they can actually make money off the product. More carriers are expanding their offerings to include cyber, more commercial clients are buying cyber coverage and more insurance buyers are aware of

News Insurance

Maritimes targeted for blast of torrential rain and powerful winds

November 22, 2021 The Canadian Press

HALIFAX – Much of the Maritime region is bracing for strong winds and heavy downpours that could dump up to 150 millimetres of rain in some areas by Wednesday. Total rainfall over the next 36 hours is expected to be

News ClaimsClaims CanadaEmploymentInsuranceLegislation / RegulationRisk

What OSFI’s insurance head says about return-to-work

November 19, 2021 by Greg Meckbach

Staff retention, professional development and the risk of worker isolation are among the factors the industry needs to think about when deciding on an approach to working remote or in the office. “As the pandemic eases and restrictions are lifted,

News Insurance

Saskatchewan to amend employment act to recognize workplace sexual harassment

November 19, 2021 The Canadian Press

REGINA – Saskatchewan is proposing to amend its employment act to recognize sexual harassment in the workplace. The government has introduced legislation to make it clear that any unwelcome action of a sexual nature constitutes harassment. The amendment also covers

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

Border-crossing vaccine mandate adds to driver shortages, supply chain concerns

November 17, 2021 Canadian Underwriter Staff

Brokers are struggling to support their transportation clients as a new border-crossing vaccine mandate adds to driver shortages and supply chain concerns for an industry that’s already grappling with a host of prolonged concerns, a broker has said. The recent

News Insurance

Quebec’s AMF explores implications of autonomous vehicles

November 11, 2021 Philip Porado

Self-driving vehicles will change the auto liability landscape across Canada and raise data privacy concerns, said an issues paper from Quebec’s financial services regulator, the Autorité des marchés financiers (AMF). The paper identifies five levels within the connected and autonomous

News Insurance

Too little, too late? The devastating consequences of natural disasters must inform building codes

November 10, 2021 The Canadian Press

By Anastasia Athanasiou, Postdoctoral fellow, Civil and Environmental Engineering, Concordia University 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.

News Insurance

TTC says personal info of up to 25,000 current, former employees accessed in cyberattack

November 9, 2021 Christopher Reynolds - THE CANADIAN PRESS

Toronto’s public transit authority says it now believes the personal information of up to 25,000 employees, former transit workers and pensioners was stolen in a ransomware attack last month. Names, addresses and social insurance numbers were taken, said the Toronto

News Insurance

Mid-sized business leaders cite ‘customized risk management advice’ as top need for reducing exposure

November 5, 2021 Canadian Underwriter Staff

Customized risk management advice ranks highest among the top needs of mid-sized businesses to reduce their risk exposure, a new survey found. The findings suggest there’s an opportunity for brokers and risk managers to deepen risk management conversations with clients.

News Insurance

Average temperatures rising over last 60 years in Nova Scotia: study

November 4, 2021 The Canadian Press

HALIFAX – A study by two Nova Scotia biologists indicates average temperatures in the province have been trending upward for the last 60 years and have risen notably since 1998. Researchers at St. Francis Xavier University in Antigonish, N.S., analyzed