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Risk Management


News InsuranceMarkets / CoveragesTechnology

How to explore an untapped market in identity fraud protection

July 5, 2018 by Jason Contant

While the majority of polled Canadians (86%) believe they are increasingly at risk of identity fraud, only about one-quarter have identity fraud protection, a recent survey has found. Conducted on behalf of Vancouver-based fintech company Mogo, the survey polled 1,514

News CatastrophesClaimsLegislation / Regulation

How Canada fares on rail risk five years after Lac-Mégantic

July 5, 2018 by Greg Meckbach

There is room for improvement in managing railway risk, the Transportation Safety Board of Canada suggested in a release marking the fifth anniversary of the Lac-Mégantic, Quebec, tragedy. For years, TSB has been calling for more ways to stop trains,

News InsuranceMarkets / Coverages

Falls sending more Canadians to hospital, report shows

July 5, 2018 Sheryl Ubelacker - THE CANADIAN PRESS

TORONTO – A raised bit of concrete on a sidewalk. An icy patch on the road. A misstep on the stairs at home. All of these can lead to accidental falls – landing a person not only on the ground,

News InsuranceLegal

Novel concept of ‘impaired by distraction’ quashed by Supreme Court of Canada

July 4, 2018 by Greg Meckbach

Driving while engrossed in a heated conversation may be a form of distraction, but is not a form of impairment, the Supreme Court of Canada suggested in a divided ruling released Friday. In May 2013, a toddler died after an

News InsuranceMarkets / Coverages

What have we learned from Lac-Megantic train derailment?

July 3, 2018 by Greg Meckbach

Nearly five years after a fatal accident in which a runaway freight train caught fire in Lac-Mégantic Quebec, the frequency of uncontrolled train movements is on the rise, the Transportation Safety Board of Canada warned Wednesday. “In 2017, there were

News ClaimsInsuranceMergers and AqcuisitionsRestoration

Local M&A activity heats up in the claims industry

July 3, 2018 by Jason Contant

Independent adjusting firm Crawford & Company (Canada), Inc.  has acquired Cherrie Griffith Ltd., a provider of risk and claims services in the Ottawa region for more than 10 years. The acquisition was the second in two months within the claims

Feature RiskTechnology

Long Arm of the Law

July 1, 2018 Ian Phillpot, Vice President, Box Canada

How to protect your clients from running afoul of the European Union’s privacy breach law.

News Insurance

Building an innovative culture? Here are two pitfalls to avoid…

June 29, 2018 by David Gambrill

Companies often make two common blunders when they seek to disrupt themselves. First, some talk about hiring a bunch of “intrapreneurs” – creative geniuses who break all the rules and swim against the corporate tide – and then silo them

News Markets / Coverages

New Brunswick says delay of legal cannabis sales costly for province

June 29, 2018 The Canadian Press

FREDERICTON – New Brunswick says it will be ready for cannabis sales when they become legal in October – but the delay from the original July startup will cost the province millions of dollars in revenue. Finance Minister Cathy Rogers

News Legal

Traffic stop “perfectly legal,” Ontario appeal court rules in impaired driving case

June 28, 2018 Colin Perkel - THE CANADIAN PRESS

TORONTO – A man found to have been driving drunk has been convicted even though the police officer who stopped him was looking for another suspected impaired driver. In a ruling setting aside two lower court decisions, Ontario’s top court

News Insurance

Will we ever see another hard market again?

June 27, 2018 by David Gambrill

Is the traditional hard market “broken”? Insurance pricing cycles have all but evaporated over the past decade, with premium rates during this period showing an overall decline. The trend is illustrated once again in the 2018 Risk and Insurance Management

News Markets / Coverages

Marijuana legalization to offer pot by mail, access to banks

June 26, 2018 Gene Johnson - THE ASSOCIATED PRESS

Mail-order weed? You betcha! With nationwide marijuana legalization in Canada on the horizon, the industry is shaping up differently there than the way it was established in nine U.S. states that have similarly broad legalization. Age limits, government involvement in