Canadian Underwriter

Segment
Risk Management


News InsuranceReinsuranceRisk

Pandemic bonds: The financial cure we need for COVID-19?

March 30, 2020 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. Authors: Dror Etzion, Associate Professor, Strategy and Organizations, McGill University; Bernard

News RiskTechnology

Web conferencing platforms at risk of being lure for phishing emails: consultant

March 27, 2020 David Paddon - THE CANADIAN PRESS

TORONTO – With the use of web-based video conferences proliferating during the COVID-19 crisis, cyber security experts warn they pose a threat as well as an opportunity in the age of telework. “In the past, we have seen certain teleconferencing

News Risk

Carshare service to be suspended due to coronavirus outbreak

March 26, 2020 by Jason Contant

TORONTO – Enterprise Holdings Inc. says it will suspend its carsharing service starting Friday because of the coronavirus pandemic. The car rental agency says that its CarShare program will close indefinitely to “ensure the safety of our community.” The service

News Insurance

Can New Brunswick handle spring flooding during COVID-19 crisis?

March 25, 2020 The Canadian Press

FREDERICTON – New Brunswick’s premier says his government will do what’s necessary to protect citizens if there is spring flooding while the COVID-19 crisis is still underway, and that could mean calling in the military. “We’re watching it very closely

News Risk

Governments fight to curb COVID-19 and economic fallout of growing job losses

March 24, 2020 Colin Perkel - THE CANADIAN PRESS

TORONTO – The two-pronged battle to contain the spread of COVID-19 while inoculating the economy saw governments on Tuesday rush to ease financial hardship amid massive job losses even as they tightened restrictions that could last for weeks. With large

News ClaimsClaims CanadaRiskTechnology

How cybercriminals are targetting employees working from home

March 19, 2020 David Paddon - THE CANADIAN PRESS

TORONTO – Cybersecurity experts are renewing their warnings that the COVID-19 crisis is a huge opportunity for criminals to take advantage of confusion as people are forced to work away from the office. A U.S. security firm says at least

News Claims CanadaLegalRisk

How D&O claims could arise from COVID-19

March 17, 2020 by Greg Meckbach

If your clients are accused of failing to warn shareholders of the impact of COVID-19, their directors and officers could have liability exposure, experts from Marsh suggest. Generally speaking, directors and officers tend to have the same liability exposure as

News AdjustersClaimsClaims CanadaInsuranceLegal

How liability insurance responds (or not) to COVID-19

March 16, 2020 by Greg Meckbach

If your clients are sued as a result of the COVID-19 pandemic, don’t assume they will be covered by a commercial general liability policy. General liability policies have exclusions; and for COVID-19, the most relevant exclusion is probably pollution, suggested

News Risk

We will get more cases’; Calgary implements state of emergency over COVID 19

March 16, 2020 Bill Graveland -  THE CANADIAN PRESS

CALGARY – The City of Calgary is in a local state of emergency to help fight the spread of COVID-19. Downtown streets were mostly empty Monday and traffic was light as many Calgarians heeded public warnings about the novel coronavirus

News Claims CanadaEmploymentRiskTechnology

One business interruption risk from COVID-19 that your clients may overlook

March 11, 2020 by Greg Meckbach

Will your business get interrupted because people working from home due to COVID-19 cannot log into their computer systems? “If you are asking staff to work from home, make sure that the technology systems to enable them to do that can

News LegalRisk

Court approves settlement for women suing RCMP over discrimination

March 11, 2020 Colin Perkel - THE CANADIAN PRESS

TORONTO – A group of women won final court approval on Tuesday for their multimillion-dollar class action against the RCMP over gender-based abuse and discrimination. The open-ended settlement will allow each plaintiff to claim between $10,000 and $220,000 – depending

News InsuranceRisk

Northbridge reveals your client’s biggest risk of commercial property water damage

March 10, 2020 by Greg Meckbach

Improper installation of pipes and connections is one of the biggest risks your clients face when it comes to water losses, Northbridge Insurance suggests. “Most water damage losses occur as a result of faulty workmanship. If contractors improperly install pipes