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Regional approach to COVID-19 beginning as feds roll out new measures

April 17, 2020 Michelle McQuigge - THE CANADIAN PRESS

Federal officials long focused on nationwide efforts to address the COVID-19 pandemic began to adopt more regional approaches on Friday, acknowledging not all parts of the country are experiencing the outbreak with equal force. Prime Minister Justin Trudeau announced economic

News InsuranceRisk

Life and death decisions during a pandemic: Healthcare risk managers in the front lines

April 16, 2020 by Jason Contant

Crisis standards of care (CSC) plans should be developed before a disaster such as COVID-19 strikes, but they can be fine-tuned even in the midst of the crisis, a senior risk management consultant said recently. CSC is when healthcare systems,

News Employment

Small businesses seek rapid rent relief measures as Trudeau promises more support

April 16, 2020 Ian Bickis - THE CANADIAN PRESS

TORONTO – Small businesses are hoping for promised rent relief from both landlords and government as the COVID-19-related shutdown drags on and their bills pile up. The urgency comes as some landlords have already started issuing eviction notices for businesses

News Commercial LinesInsuranceRisk

Why COVID-19 is hitting your supply chain clients particularly hard

April 15, 2020 by Jason Contant

By clustering suppliers in a region, a single event like COVID-19 can have an even broader impact than typically expected, a Zurich Canada executive said recently. “One of the things that businesses can do is look at where they have

News EmploymentRisk

Economic downturn from COVID-19 will be sharpest on record, Bank of Canada warns

April 15, 2020 The Canadian Press

OTTAWA – The Bank of Canada is warning that the downturn tied to COVID-19 will be the worst on record and that the economic recovery will depend on the effectiveness of current measures to bring the pandemic under control. The

News InsuranceLegalRisk

Coronavirus triage protocols: Hard choices over ventilator shortages shouldn’t put doctors at legal risk

April 14, 2020 Jocelyn Downie, James Palmer Chair in Public Policy and Law, University Research Professor, Dalhousie University - 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: Jocelyn Downie, James Palmer Chair in Public Policy and Law,

Feature

Be Bold

April 10, 2020 Adam Malik, Managing Editor

It’s time for risk managers to take some risks when it comes to their own careers. Laura Langone, Risk and Insurance Management Society (RIMS) president, explains why – As told to Adam Malik Risk managers are generally risk-averse when it

News Commercial LinesInsuranceRisk

COVID 19: Crews aboard cargo ships being denied shore leave for longer periods

April 9, 2020 Michael MacDonald - THE CANADIAN PRESS

HALIFAX – Though international shipping lanes and Canada’s major ports remain open for business, the COVID-19 pandemic is making life miserable for many seafarers. Under the latest rules, Canadian crews aboard most Canadian-flagged cargo vessels have agreed not to leave

News Commercial LinesInsuranceRisk

What to tell ‘non-essential’ clients who are closing their workplaces

April 8, 2020 by Greg Meckbach

If your clients are temporarily closing because of the COVID-19 pandemic, this might be a good time for them to undertake some repairs and let the fire department know they are reducing on-site staff, advises commercial insurer FM Global. “Countless

News Earnings / RatingsRisk

Head of RBC says not to expect quick economic recovery from COVID-19

April 8, 2020 The Canadian Press

TORONTO – The head of the Royal Bank of Canada is warning the economic recovery from the COVID-19 pandemic will likely be slower and more uneven than originally thought. CEO Dave McKay said Wednesday that the depths of the challenge

News BrokersInsurance

Have clients who have temporarily closed? Here’s how they should secure their premises

April 7, 2020 by Adam Malik

Just because a business has closed its doors to staff and customers because of the COVID-19 pandemic, risks from fire, combustible materials and flood are still present at their physical buildings even when unoccupied, warned a new report from Allianz

News Legal

Lawsuits filed before two-year anniversary of Broncos bus crash

April 6, 2020 Stephanie Taylor and Bill Graveland - THE CANADIAN PRESS

It’s been almost two years since the deadly Humboldt Broncos bus crash in Saskatchewan and with the solemn anniversary comes a closing legal window that has seen several lawsuits filed in court. Sixteen people died and 13 others were injured