Canadian Underwriter

Segment
Risk Management


News RiskTechnology

Should your clients have a chief security officer on the board?

April 17, 2019 by Greg Meckbach

Your 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

News AdjustersBrokersClaimsClimate ChangeInsurance

How brokers can stop a flooded basement

April 16, 2019 by David Gambrill

A 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

News ClaimsLegalRisk

How this dry cleaner got sued over 50-year-old pollution

April 11, 2019 by Greg Meckbach

An 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

News ClaimsRisk

The liability risk from climate change

April 9, 2019 by Greg Meckbach

Large 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

News Risk

How common are “snooping” privacy breaches?

April 8, 2019 by Jason Contant

When 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

News RiskTechnology

The downside risk of machine learning

April 8, 2019 by Greg Meckbach

Machine 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

News Climate ChangeRisk

Environmental groups to sue Shell over climate change

April 5, 2019 Mike Corder - THE ASSOCIATED PRESS

THE 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

News InsuranceRisk

Early numbers from privacy commissioners on mandatory breach reporting

April 5, 2019 by Jason Contant

The 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,

News InsuranceMarkets / CoveragesRisk

Over half of Ontario cannabis store openings delayed

April 3, 2019 Shawn Jeffords and Armina Ligaya - THE CANADIAN PRESS

Customers 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

Feature

Risk Jockey

April 2, 2019 Greg Meckbach, Associate Editor

How 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…

News InsuranceProfessional Development

Four tips for hosting a successful networking event

April 1, 2019 by Jason Contant

Many 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

News Insurance

Manitoba’s flood fears ease a bit with dry weather

March 27, 2019 Steve Lambert - THE CANADIAN PRESS

WINNIPEG – 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