Canadian Underwriter

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Risk Management

News InsuranceRiskTechnology

How BC Hydro fares in managing its cyber security risk

March 20, 2019 by Jason Contant

British Columbia’s electric utility is managing its cyber security risk for system components that must conform to mandatory reliability standards, but not for components to which the standards do not apply, the province’s auditor general has found. “We concluded that

News Professional Development

How to onboard your new sales managers

March 18, 2019 by Jason Contant

Proper manager onboarding and development can have high payback for any sales force, noted the blog Why New Sales Managers Need More Training, published late last week in Harvard Business Review. Onboarding is the process of integrating a newly hired

News InsuranceMGAs

What hard market in liquor liability means for clients

March 11, 2019 by Greg Meckbach

Clients planning St. Patrick’s Day celebrations may find themselves short on luck when it comes to insurance coverage. It’s becoming more difficult for clients to get insurance for liquor-related losses with the terms they need, one managing general agent observes.

News InsuranceRisk

What surprises this broker about sports insurance

March 11, 2019 Dan Ralph THE CANADIAN PRESS

TORONTO – He has played Canadian university football and coached the game, but Todd Smith is waiting before he lets his two sons get on the field. “I’m not in a rush to put my kids into football just knowing

News LegalRisk

This research can help defend slip and fall claims

March 6, 2019 by Greg Meckbach

If your client owns or manages a property, can it put a number on the slipperiness of the surfaces? This is what companies managing an Ottawa property did after they were sued for $2.9 million by a civil servant who

News InsuranceMarkets / CoveragesRisk

What lies behind the unexpected Alberta quake

March 6, 2019 by Jason Contant

Perhaps the largest-ever earthquake to hit a section of central Alberta caused no immediate reports of damage, but knocked out power for more than 4,000 customers. Could fracking be the culprit? In this case, Alberta Energy Regulator (AER) is probing

News InsuranceTechnology

How this city is mitigating autonomous vehicle risk

March 5, 2019 Ramesh Santanam - THE ASSOCIATED PRESS

PITTSBURGH – Companies testing autonomous vehicles in Pittsburgh will have to immediately report crashes resulting in any injuries as part of new guidelines announced Monday intended to boost public confidence in the testing after a deadly accident in Arizona last

News LegalRisk

$75-million shareholders’ lawsuit proposed against SNC Lavalin

February 26, 2019 THE CANADIAN PRESS

SNC-Lavalin Group Inc. faces new legal troubles as a shareholder aims to launch a class action lawsuit in connection with the criminal charges against the embattled engineering firm. Law firm Strosberg Sasso Sutts LLP has filed a proposed class action

News Technology

These three work tasks make the most sense to automate

February 26, 2019 by Jason Contant

If you’re looking to automate at your brokerage or insurance company, scrutinize specific tasks, not entire jobs, recommends a blog from Harvard Business Review. There are three fundamental work characteristics that lend themselves to automation: Repetitive vs. variable work –

News ClaimsRisk

How railway is dealing with Manitoba oil spill

February 22, 2019 THE CANADIAN PRESS

LAZARE, Man. – CN is still tallying up the amount of oil spilled in a train derailment on a ranch in western Manitoba. “We are still determining volume estimates at this time,” company spokesman Jonathan Abecassis said in an email

News CatastrophesClaimsLegal

Next step for $2-billion building collapse lawsuit against Loblaws

February 21, 2019 by Greg Meckbach

A $2-billion class-action lawsuit against Canada’s largest food retailer could reach the Supreme Court of Canada. The bodily injury lawsuit against Loblaw Companies Limited was filed in 2015 in Ontario by victims of a 2013 commercial building collapse in Bangladesh.

News InsuranceLegislation / RegulationTechnology

How this province is handling autonomous vehicle testing

February 21, 2019 by Greg Meckbach

The Ontario government wants to expand testing of autonomous vehicles in the province. “Our government is taking active steps to open the door for expanded testing related to connected and autonomous vehicles in Ontario,” Michael Parsa, parliamentary assistant to the