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Risk Management

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Why eastern Canadian quakes may be stronger than you think

January 27, 2020 by Jason Contant

Major improvements in Canada’s proposed 2020 seismic hazard model means that there is an increased earthquake hazard all across Canada, including up 50% in some places. “The big change we’ve made in the 2020 model for eastern Canada has really

News InsuranceRisk

Saskatchewan posts lowest number of road fatalities since records started

January 27, 2020 The Canadian Press

REGINA – Saskatchewan’s Crown insurer says fewer people were killed on the province’s roads in 2019 than in any year since records started being kept in the 1950s. Saskatchewan Government Insurance says preliminary statistics indicate 71 people were killed in

News RiskTechnology

How blockchain could prevent future data breaches

January 23, 2020 Victoria Lemieux, Associate Professor, Archival Science and Founder & Co-Lead of Blockchain@UBC, University of British Columbia - 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. Author: Victoria Lemieux, Associate Professor, Archival Science and Founder & Co-Lead

News ClaimsInsurance

State of emergency in St. John’s stretches into sixth day

January 22, 2020 The Canadian Press

ST. JOHN’S, N.L. – Commercial flights have resumed in and out of St. John’s, N.L., today, as eastern Newfoundland continues to dig itself out from last week’s record-breaking blizzard. Today is the sixth day the provincial capital has been under

News BrokersInsuranceRisk

How cyber threats grew from afterthought to top global concern

January 21, 2020 by Adam Malik

The threat of a cyber incident was a distant concern for companies around the world just seven years ago. It ranked 15th back then on a list of major business concerns, according to the annual Allianz Risk Barometer report. Today,

News Climate ChangeInsuranceRisk

Edmonton fire chief says people must adapt to more wildfires

January 21, 2020 Bob Weber - THE CANADIAN PRESS

EDMONTON – In a few weeks, Ken Block will hang up his uniform as head of Edmonton Fire Rescue and head Down Under to assume command of 5,000 firefighters in Australia. “I’m really looking forward to getting over there,” the

News CatastrophesInsuranceRisk

Why green concerns have experts seeing red

January 20, 2020 by Adam Malik

The World Economic Forum is sounding the alarm that the top most-likely global risks are all environment-related. In the group’s 15th annual Global Risk Report, survey respondents listed their Top 5 most-likely top global risks in 2020: extreme weather climate

News RiskTechnology

Google CEO calls for regulation of artificial intelligence

January 20, 2020 Kelvin Chan - THE ASSOCIATED PRESS

LONDON – Google’s chief executive called Monday for a balanced approach to regulating artificial intelligence, telling a European audience that the technology brings benefits but also “negative consequences.” Sundar Pichai’s comments come as lawmakers and governments seriously consider putting limits

News Legislation / RegulationMarkets / Coverages

Alberta government promising to fix rules on aging energy wells

January 17, 2020 Bob Weber - THE CANADIAN PRESS

EDMONTON – A group tasked with cleaning up thousands of abandoned energy sites in Alberta says the province’s rules for ensuring polluters reclaim their wells before selling them off are inadequate. The industry-funded Orphan Well Association made the criticism in

News Claims CanadaCommercial LinesEngineeringRisk

Commercial clients should do this before they leave for the day

January 16, 2020 by Greg Meckbach

Are your clients checking the bathrooms before they leave work for the day? “The last thing you want is to leave someone with access to your property after the doors have been locked,” Northbridge Insurance noted in Closing time: Making

News InsuranceRisk

Are you following these password blunders?

January 16, 2020 by Adam Malik

From leaving passwords written on sticky notes laying around to using simple passwords to not using proper technology to secure client data, employees and companies still have much to learn about data security, according to a recent report. And with

News Commercial LinesInsuranceRisk

How all-encompassing is the war risk exclusion?

January 15, 2020 by Greg Meckbach

Exclusions in commercial insurance for losses arising from violence might be broader than some of your clients think. “The war risk exclusion does not just apply where war has been officially declared between two or more countries,” said Lalita Mohabir, national