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Mild spring with some wintry blasts predicted for most of Canada: Weather Network

March 2, 2021 John Chidley-Hill - THE CANADIAN PRESS

Canadians across the country can look forward to a mild spring peppered with the odd winter flashback throughout the first part of the season, according to predictions from one prominent national forecaster. Chris Scott, chief meteorologist with The Weather Network,

News Insurance

British Columbia’s Site C dam faces one-year construction delay

March 1, 2021 The Canadian Press

VICTORIA – British Columbia Premier John Horgan says completing the Site C dam is in the best interests of residents, despite the project’s price tag ballooning to $16 billion and completion date stretching to 2025. The premier told a news

News AssociationsInsuranceLegalLegislation / RegulationRisk

Letter to the editor: Best Terms — the buyer’s point of view

February 26, 2021 BC Risk & Insurance Manager’s Association

To the Editor, We would like to respond to your editorial titled “Regulators, leave subscription policies alone,” dated Dec. 7, 2020. It is true that these are turbulent times in the insurance market, and that insurers have been experiencing losses

News Insurance

Complaints spike as taxpayers’ watchdog to review CRA handling of locked accounts

February 26, 2021 Jordan Press - THE CANADIAN PRESS

OTTAWA – The federal taxpayers’ watchdog says complaints to his office spiked in the hours after he went public with concerns about how the Canada Revenue Agency locked users out of their online accounts. The accounts were locked just over

News AnnouncementsAppointmentsInsurance

Meet Zurich’s new chief risk officer for Canada

February 25, 2021 by David Gambrill

Sonia Kundi is Zurich North America’s new chief risk officer for Canada. She has joined the Zurich North America group risk management team, effective immediately, and reports to North America Chief Risk Officer Colleen Zitt. In addition to being a

News Insurance

Would your client actually buy a pandemic risk product?

February 25, 2021 by Jason Contant

Even if insurance products were available for pandemic risk specifically, several businesses say they wouldn’t anticipate becoming more dependent on risk financing or insurance as a result, according to the results of a global survey from Aon. Few companies have

News Insurance

3 Canadian cities more prepared for flood now than they were five years ago

February 19, 2021 by Jason Contant

There’s good and bad news when it comes to the flood preparedness of 16 major Canadian cities. The bad news is that the average level of flood preparedness has remained stagnant from 2015 to 2019-20, showing a considerable margin for

News Insurance

Nearly two-thirds of small businesses would use rapid testing of employees: survey

February 19, 2021 The Canadian Press

OTTAWA – Nearly two-thirds of Canadian small businesses would consider using rapid testing to screen employees if it would help their business to stay open, says a recent survey. The Canadian Federation of Independent Business says 63 per cent would

News Insurance

How to increase the take-up of earthquake insurance

February 18, 2021 by Jason Contant

When broader government assistance is available for earthquake insurance, the take-up rates for private earthquake insurance appear to be suppressed, according to a new study on the difference between earthquake insurance rates in B.C.’s Lower Mainland and neighbouring Washington State

News Insurance

B.C.’s Simon Fraser University reports cyberattack, some personal information exposed

February 18, 2021 The Canadian Press

BURNABY, B.C. – Simon Fraser University says a cyberattack on a school server has exposed personal information. The British Columbia university says in a statement that spreadsheet data on the breached server contained personal information for a number of current

News ClaimsClaims CanadaRisk

The lesson for risk managers in this breach-of-contract lawsuit

February 17, 2021 by Greg Meckbach

A recent Supreme Court of Canada ruling in a breach-of-contract lawsuit means risk managers need to be careful about drafting agreements that give parties discretionary powers, a Toronto-based litigation lawyer warns. Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage

News Insurance

Audit finds ‘no formal tracking’ of IT security incidents at Public Safety Canada

February 17, 2021 Jim Bronskill - THE CANADIAN PRESS

OTTAWA – An internal review has uncovered weak security practices when it comes to information technology at Public Safety Canada – from lax controls on the use of portable flash drives to inadequate awareness and training. The review found employees