Segment
Risk Management
Breach notification law calls for some ‘major adjustments’
November 13, 2018 by Greg MeckbachThe Canada-wide data breach law, which has been in effect for two weeks, is pushing businesses manage cyber risk more effectively, a computer security expert says. The federal Digital Privacy Act makes it mandatory for clients to disclose data breaches…
Homeowner sued by victims of impaired driving accident
November 12, 2018 by Greg MeckbachA host liability lawsuit, arising from a fatal drunk driving accident, is proceeding to trial in Ontario. A recent Court of Appeal for Ontario ruling shows judges disagree on how the 2006 Supreme Court of Canada ruling in Childs v. …
The Top 5 risks cited by Canadian executives
November 12, 2018 by Jason ContantFor the second year in a row, risks from cyberattacks is the top concern that executives in Canada have identified as the most dangerous for their business, according to a report published Monday by the World Economic Forum (WEF). In…
Toronto-bound jet airliner has ‘accident on landing’
November 9, 2018 THE CANADIAN PRESSGEORGETOWN, Guyana – A Fly Jamaica Airways plane headed to Toronto and reportedly carrying dozens of Canadians crash landed in Guyana on Friday after reporting a technical problem shortly after takeoff. In a statement early Friday, the airline said it…
How Canadian insurers should price for their ‘silent cyber’ exposures
November 8, 2018 by David GambrillThe possibility exists of a global, widescale, multi-country cyber security breach. To get a true sense of their overall exposure, Canadian property and casualty insurers should be reviewing all of the policies they sell – not just dedicated cyber policies,…
Why cyber criminals may be targetting this Canadian bank
November 8, 2018 Armina Ligaya - THE CANADIAN PRESSTORONTO – The Canadian Imperial Bank of Commerce is one of the most commonly targeted brands used by cyberthieves in phishing attacks across North America, with a more than 600 per cent surge in fake email attempts in the third…
Canada Post admits cannabis privacy breach involving online customers
November 7, 2018 Colin Perkel - THE CANADIAN PRESSTORONTO – Canada Post publicly admitted to a privacy breach involving thousands of Ontario’s online cannabis customers on Wednesday after the province’s only outlet for legal recreational marijuana notified clients of the problem. The postal service said in a statement…
New Brunswick pulp and paper firm fined $3.5 million for pollution
November 6, 2018 THE CANADIAN PRESSSAINT JOHN, N.B. – Irving Pulp and Paper Ltd. has been hit with one of largest penalties ever imposed in Canada for an environmental violation. The company, based in Saint John, N.B., was fined $3.5 million Monday for dumping improperly…
$260 billion cleanup estimate based on ‘worst case’ scenario: energy regulator
November 5, 2018 Dan Healing - THE CANADIAN PRESSCALGARY – The Alberta Energy Regulator is apologizing for estimating it would cost $260 billion to clean up after the provincial oil and gas industry. The sector’s accumulated environmental liability is currently estimated at $58.65 billion, less than one quarter…
Two-day hackathon seeks tech solutions to distracted driving, pedestrian safety
November 2, 2018 by Jason ContantDeveloping technology-based solutions to tackle distracted driving, pedestrian safety and house-to-house communication are the goals of an upcoming hackathon hosted by Canada’s second largest insurer and a technology start-up accelerator. Aviva Canada and OneEleven will host the Safer Neighbourhoods Hackathon…
Why speed bumps can be a double-edged sword
November 2, 2018 by Greg MeckbachPutting speed bumps on private laneways might help commercial clients manage traffic risk, but they need to paint those bumps properly to reduce liability risk. Madison Properties Inc. owns a shopping plaza in Toronto. Maria Pia Cannito tripped and fell…
How off-road vehicles impact commercial liability risk
November 1, 2018 by Greg MeckbachCommercial clients who allow off-road vehicles to be driven on their property could have insurance coverage gaps, a commercial lawyer warns. In Ontario, off-road vehicles are generally required to have liability insurance, but some types of machinery – such as…