Canadian Underwriter

Risk Management

News InsuranceRiskTechnology

The industry that’s shopping for cyber insurance

October 11, 2018 by Greg Meckbach

Brokers looking for new large cyber accounts might want to knock on doors of companies who look after other people’s money. More than half (55%) of Canadian asset managers surveyed said they intend to purchase insurance to protect themselves against

News ClaimsInsurance

Hurricane Michael on course toward Nova Scotia

October 11, 2018 The Canadian Press

Michael roared toward the Florida panhandle as a Category 4 hurricane Wednesday, with long-range forecasts predicting its remnants could dump heavy rains on Nova Scotia if it passes south of the province as expected. The brutish storm has grown swiftly

News Announcements

Introducing the new Canadian Underwriter, “Your Guide to Insurance Success”

October 10, 2018 Ian Portsmouth, Publisher

Whatever your role in the industry, you can rightfully feel harried by the demands of an insurance career today. You’re certainly dealing with more change and complexity than the people who received the debut issue of this magazine in January

insPRESS Announcements

Canada’s #1 insurance publication relaunches with bold new look and editorial mandate

October 10, 2018 Newcom Media Inc.

TORONTO, Oct. 10, 2018 /insPRESS/ – Canadian Underwriter magazine relaunched today with the publication of its October 2018 issue, introducing an energetic look, functional design and editorial mandate expressed by its new tagline: “Your Guide to Insurance Success.” Now in its

News InsuranceLegislation / Regulation

Pot firms have deficiencies in disclosures to investors, regulators say

October 10, 2018 Armina Ligaya - THE CANADIAN PRESS

TORONTO – Cannabis industry companies have several “deficiencies” in their disclosures to investors, including insufficient information in their financial statements, Canadian securities regulators say. The Canadian Securities Administrators reviewed the disclosures of 70 public companies in the marijuana industry and

News Professional Development

How to take better advantage of data science

October 9, 2018 by Jason Contant

Corporate leaders are becoming convinced of the wide-ranging impact that effective data collection can have on the bottom line, and insurance companies and brokerages are no exception. This impact can be felt across the organization, from tracking daily reports against

News Risk

Irving oil explosion raises residential safety concerns

October 9, 2018 Hina Alam - THE CANADIAN PRESS

Oil refineries and other large industrial operations that are surrounded by residential communities need to work harder to ensure safety and protect their own bottom lines, multiple experts say. A massive refinery blast shook Saint John, N.B., on Monday, sending

News ClaimsConstructionRisk

Mandatory building fire risk labels proposed

October 7, 2018 by Greg Meckbach

Fire safety can be impacted if a building is made from lightweight, prefabricated material, and legislation under debate would mandate placards for certain construction types in Ontario. “Truss and lightweight construction, when exposed to fire, can pose serious risks to responding firefighters,” Randy

News Risk

How Millenials are helping stop distracted driving

October 7, 2018 by Jason Contant

Millenials – the ever-connected, technologically savvy age group – are actually most likely to ask a driver to stop using their mobile device if they are a passenger, a new Travelers Canada survey has found. Distracted driving has been cited

News Risk

Threat of Canada Post strike still alive

October 7, 2018 Terry Pedwell - THE CANADIAN PRESS

OTTAWA – The union representing 50,000 employees at Canada Post panned the latest contract offers from the corporation Thursday, calling them “disappointing” and keeping alive the threat of a work stoppage as the busy holiday online shopping season approaches. Two

News Insurance

Canadian drivers don’t fully understand cannabis impairment

October 4, 2018 by David Gambrill

Canadians know that driving while high on marijuana causes a risk to road safety, but they don’t seem to understand cannabis impairment fully, according to a recent Leger poll conducted on behalf of the Insurance Bureau of Canada (IBC). Eighty-four

News Legal

Police make arrests in alleged vehicle cloning operation

October 4, 2018 The Canadian Press

Edmonton police say three people face charges in an alleged vehicle identification number cloning operation. Police say they uncovered the scheme last week when they searched a home, where they say they found a stolen BMW and Mercedes, as well