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News InsuranceMarkets / CoveragesRisk

Can the Novel Coronavirus illness trigger P&C policy coverage?

January 30, 2020 by David Gambrill

News of three documented Canadian cases of 2019 Novel Coronovirus (or 2019-nCoV) has spread like wildfire, and several legal commentators and risk managers are now issuing alerts containing steps to reduce the likelihood of people contracting the pneumonia-like symptoms in

News Risk

Bureaucratic hurdles hampered federal flood prevention program: audit

January 30, 2020 The Canadian Press

OTTAWA – A federal review says the government had trouble spending half of the $184 million earmarked to prevent flood damage in Canadian communities. A newly released evaluation report says the National Disaster Mitigation Program’s effectiveness was hindered by scheduling

News InsuranceLegalRiskTechnology

Ride-hailing in Vancouver area detours to courts

January 29, 2020 The Canadian Press

Ride-hailing is common in many major Canadian cities, but the long-awaited arrival of Uber and Lyft in Metro Vancouver last week has produced lawsuits and a vow by Surrey’s mayor to keep the companies’ drivers off the streets. Premier John

News InsuranceLegislation / RegulationRisk

What happens if a condo client’s marijuana use offends the neighbours?

January 28, 2020 by Greg Meckbach

With the legalization of recreational cannabis, what happens when there is a dispute between neighbours in a condominium and how does a condo corporation or board handle it? A lot of condominium corporations have passed rules around odours, says Armand

News InsuranceLegalTechnology

Why this strata’s bylaws on Airbnb were deemed unenforceable

January 28, 2020 by Jason Contant

If you own a strata lot in Vancouver, can you use your unit for short-term accommodation through Airbnb? Yes, if your strata bylaws support short-term rentals in your building, according to Airbnb. But in two recent cases before the province’s

News Insurance

Why eastern Canadian quakes may be stronger than you think

January 27, 2020 by Jason Contant

Major improvements in Canada’s proposed 2020 seismic hazard model means that there is an increased earthquake hazard all across Canada, including up 50% in some places. “The big change we’ve made in the 2020 model for eastern Canada has really

News InsuranceRisk

Saskatchewan posts lowest number of road fatalities since records started

January 27, 2020 The Canadian Press

REGINA – Saskatchewan’s Crown insurer says fewer people were killed on the province’s roads in 2019 than in any year since records started being kept in the 1950s. Saskatchewan Government Insurance says preliminary statistics indicate 71 people were killed in

News RiskTechnology

How blockchain could prevent future data breaches

January 23, 2020 Victoria Lemieux, Associate Professor, Archival Science and Founder & Co-Lead of Blockchain@UBC, University of British Columbia - 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: Victoria Lemieux, Associate Professor, Archival Science and Founder & Co-Lead

News ClaimsInsurance

State of emergency in St. John’s stretches into sixth day

January 22, 2020 The Canadian Press

ST. JOHN’S, N.L. – Commercial flights have resumed in and out of St. John’s, N.L., today, as eastern Newfoundland continues to dig itself out from last week’s record-breaking blizzard. Today is the sixth day the provincial capital has been under

News BrokersInsuranceRisk

How cyber threats grew from afterthought to top global concern

January 21, 2020 by Adam Malik

The threat of a cyber incident was a distant concern for companies around the world just seven years ago. It ranked 15th back then on a list of major business concerns, according to the annual Allianz Risk Barometer report. Today,

News Climate ChangeInsuranceRisk

Edmonton fire chief says people must adapt to more wildfires

January 21, 2020 Bob Weber - THE CANADIAN PRESS

EDMONTON – In a few weeks, Ken Block will hang up his uniform as head of Edmonton Fire Rescue and head Down Under to assume command of 5,000 firefighters in Australia. “I’m really looking forward to getting over there,” the

News CatastrophesInsuranceRisk

Why green concerns have experts seeing red

January 20, 2020 by Adam Malik

The World Economic Forum is sounding the alarm that the top most-likely global risks are all environment-related. In the group’s 15th annual Global Risk Report, survey respondents listed their Top 5 most-likely top global risks in 2020: extreme weather climate