Segment
Risk Management
Why Canada is the model for global risk management
January 8, 2020 by Adam MalikRIMS Canada got a pat on the back recently, as the Risk and Insurance Management Society (RIMS) looks to fortify its ranks around the world, according to the group’s 2020 president. Laura Langone spoke with Canadian Underwriter in her first…
Is climate change driving up the risk of wildfires in Canada?
January 8, 2020 Mia Rabson - THE CANADIAN PRESSOTTAWA – Canadian wildfire experts say Canada is very vulnerable to the kind of devastating wildfires ravaging Australia right now. More than 12.5 million acres (about 5.1 million hectares) of bushland have burned in Australia since October and prime forest-fire…
Captive Audience
January 3, 2020 Adam Malik, Managing EditorThanks to emerging industries and threats, captives have once again taken centre stage as a popular form of alternative risk transfer
LifeLabs facing proposed class action lawsuit over data breach
January 3, 2020 The Canadian PressTORONTO – A proposed class action lawsuit has been filed against medical services company LifeLabs over a data breach that allowed hackers to access the personal information of up to 15 million customers. In an unproven statement of claim filed…
Head of Airbnb insurance to lead RIMS in 2020
January 2, 2020 by Adam MalikLaura Langone, head of insurance operations at online rental marketplace Airbnb since April 2019, is now president of the Risk and Insurance Management Society (RIMS). The organization announced Thursday her 12-month appointment, effective immediately. She succeeds Gloria Brosius. Daring to…
Top 6 risks facing Canadian businesses in 2020
December 20, 2019 by Jason ContantThe risk landscape for Canadian businesses continues to evolve rapidly, but that doesn’t mean companies have to be caught unprepared. These evolving risks include everything from technology and cybersecurity to shifting regulatory considerations, reputational risk, employee liability, data and privacy…
Top 5 pieces of advice for insurance pros
December 20, 2019 by Adam MalikThere was plenty of advice dished out at conferences over the last year, whether it was on attracting talent, how seasoned pros can help the younger generation, or how insurers can think differently. Here are some of the highlights. Flexibility…
Here’s what makes an employer one of the “best companies to work for”
December 19, 2019 by Jason ContantWe’ve all seen those “best companies to work for” lists (and perhaps even longingly wished we worked for one of them). What does it take to be one of those companies? While there is no one formula that can capture…
Manitoba government’s oversight of commercial vehicles inadequate: auditor
December 19, 2019 Steve Lambert - THE CANADIAN PRESSWINNIPEG – The Manitoba government’s oversight of the trucking industry and other large commercial vehicles is inadequate in part due to infrequent inspections and improper checks before operators are certified, the province’s auditor general said Wednesday. In a 65-page report,…
LifeLabs says data of up to 15 million customers compromised in cyberattack
December 18, 2019 Ross Marowits and David Paddon - THE CANADIAN PRESSTORONTO – Government privacy commissioners are investigating a data breach at LifeLabs, one of Canada’s largest medical services companies, after hackers gained access to the personal information of up to 15 million customers. Most of its customers are in B.C.…
Privacy czar finds gaps in federal party policies on personal information
December 16, 2019 Jim Bronskill - THE CANADIAN PRESSOTTAWA – The privacy policies of all the major federal political parties failed to ensure people gave valid consent to the collection and use of their personal information, concluded an analysis by the federal privacy commissioner. The policies also fell…
How climate change will change the way you do business in the future
December 13, 2019 by Adam MalikWhen pricing property coverage in the future, it’s time for the industry to ask itself: “How are we going to deal with changes in weather?” Historically, insurance products have been priced based on data and loss history, observes Ernest Mashingaidze,…