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Risk Management


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

News AdjustersClaimsClaims CanadaInsuranceLegal

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

News Risk

We will get more cases’; Calgary implements state of emergency over COVID 19

March 16, 2020 Bill Graveland -  THE CANADIAN PRESS

CALGARY – The City of Calgary is in a local state of emergency to help fight the spread of COVID-19. Downtown streets were mostly empty Monday and traffic was light as many Calgarians heeded public warnings about the novel coronavirus

News Claims CanadaEmploymentRiskTechnology

One business interruption risk from COVID-19 that your clients may overlook

March 11, 2020 by Greg Meckbach

Will your business get interrupted because people working from home due to COVID-19 cannot log into their computer systems? “If you are asking staff to work from home, make sure that the technology systems to enable them to do that can

News LegalRisk

Court approves settlement for women suing RCMP over discrimination

March 11, 2020 Colin Perkel - THE CANADIAN PRESS

TORONTO – A group of women won final court approval on Tuesday for their multimillion-dollar class action against the RCMP over gender-based abuse and discrimination. The open-ended settlement will allow each plaintiff to claim between $10,000 and $220,000 – depending

News InsuranceRisk

Northbridge reveals your client’s biggest risk of commercial property water damage

March 10, 2020 by Greg Meckbach

Improper installation of pipes and connections is one of the biggest risks your clients face when it comes to water losses, Northbridge Insurance suggests. “Most water damage losses occur as a result of faulty workmanship. If contractors improperly install pipes

News ClaimsRisk

Ingredients are there for N.B. flooding, but too early to forecast: officials

March 10, 2020 Kevin Bissett - THE CANADIAN PRESS

FREDERICTON – Public safety officials in New Brunswick say people living in flood-prone areas of the province should be prepared for rising waters, but it’s too early to say what this year’s flood season will bring. The province launched its

News ClaimsClaims CanadaCommercial LinesLegal

How not to handle a lawsuit alleging historical environmental contamination

March 9, 2020 by Greg Meckbach

Brokers wanting to advise commercial clients on pollution liability risk might learn a lesson or two from London Transit Commission v. Eaton Industries (Canada) Company, released this past Friday by the Ontario Superior Court of Justice. London, Ontario’s city bus

News Risk

Ontario unveils new flooding strategy, but minister mum on funding

March 9, 2020 Allison Jones - THE CANADIAN PRESS

Ontario’s new flooding strategy is focusing on increasing public awareness and preparedness, but it’s not clear if it will come with any new funding. Natural Resources Minister John Yakabuski announced in Minden, Ont., that the strategy builds on the recommendations

News Professional DevelopmentRisk

Three strategies to help insurance pros deal with coronavirus anxiety

March 6, 2020 by Jason Contant

With the number of coronavirus cases increasing in Canada and “coronavirus anxiety” now a reality, there are some strategies insurance professionals can take to ensure their teams continue to collaborate effectively and maintain momentum in the business. Among those strategies