Segment
Risk Management
Should your clients have a chief security officer on the board?
April 17, 2019 by Greg MeckbachYour client may or may not not need a chief security officer [CSO] on its board of directors, but cyber risk should nevertheless be high on its radar screen, speakers told insurance professionals Tuesday. “If the board doesn’t say, ‘Cyber…
How brokers can stop a flooded basement
April 16, 2019 by David GambrillA recent study suggests brokers have a golden opportunity to talk to homeowners one-on-one about how to protect homes from basement floods. With the right information and often for less than $500, homeowners can protect themselves from the increasing risks…
How this dry cleaner got sued over 50-year-old pollution
April 11, 2019 by Greg MeckbachAn Ottawa dry cleaner is liable for nearly $2 million in environmental clean-up costs resulting from spills that occurred at least 45 years ago, as a result of a Supreme Court of Canada ruling released Thursday. The top court’s ruling…
The liability risk from climate change
April 9, 2019 by Greg MeckbachLarge companies face liability risk if they emit greenhouse gas emissions, and shareholders are asking directors and officers what they are doing about climate-related risks, a speaker suggested at a recent insurance conference in Toronto. Panelists at the Property and…
How common are “snooping” privacy breaches?
April 8, 2019 by Jason ContantWhen it comes to privacy breaches in the healthcare sector, “snooping” is definitely a concern. Snooping, or unauthorized access, breaches occur when an employee (such as a hospital worker) has access to identifiable information and abuses their authority to look…
The downside risk of machine learning
April 8, 2019 by Greg MeckbachMachine learning and artificial intelligence can create liability risk if it makes decisions that would be inappropriate or even illegal if a real person made them, a risk expert warns. “If you train an algorithm with data that has underlying…
Environmental groups to sue Shell over climate change
April 5, 2019 Mike Corder - THE ASSOCIATED PRESSTHE HAGUE, Netherlands – Climate activists delivered a court summons Friday to oil company Shell in a court case aimed at forcing it to do more to rein in carbon emissions. Friends of the Earth Netherlands, one of the groups…
Early numbers from privacy commissioners on mandatory breach reporting
April 5, 2019 by Jason ContantThe federal Office of the Privacy Commissioner of Canada (OPC) has already seen a four-to-five times increase in the number of breaches reported to its office since the mandatory breach notification requirements came into effect last November. On Nov. 1,…
Over half of Ontario cannabis store openings delayed
April 3, 2019 Shawn Jeffords and Armina Ligaya - THE CANADIAN PRESSCustomers lined up at Ontario’s first brick-and-mortar cannabis stores on Monday, but fewer than half of the province’s government-licensed outlets were ready to open. The Progressive Conservative government had planned to have 25 private stores launch on April 1, but…
Risk Jockey
April 2, 2019 Greg Meckbach, Associate EditorHow does a radio guy become a leading Canadian risk manager? Steve Pottle, who serves on the global board of RIMS, says it all began
with Y2K…
Four tips for hosting a successful networking event
April 1, 2019 by Jason ContantMany professionals are intrigued by the idea of hosting their own networking event, and insurance professionals are no exception. “After all, there are clear professional benefits to becoming known as a connector, and if you’re an introvert, you can create…
Manitoba’s flood fears ease a bit with dry weather
March 27, 2019 Steve Lambert - THE CANADIAN PRESSWINNIPEG – Dry weather and a slow melt so far have somewhat eased the flood potential in Manitoba, although it will be a few more weeks until the threat passes. The provincial government says with average to unfavourable weather, the…