Public auto insurer to issue pandemic rebate cheques
February 26, 2021 by Jason ContantSaskatchewan Government Insurance (SGI) is the latest public auto insurer to announce customer rebates for drivers resulting from the ongoing COVID-19 pandemic. Both Manitoba Public Insurance (MPI) and the Insurance Corporation of British Columbia (ICBC) announced rebates in January and…
Would your client actually buy a pandemic risk product?
February 25, 2021 by Jason ContantEven if insurance products were available for pandemic risk specifically, several businesses say they wouldn’t anticipate becoming more dependent on risk financing or insurance as a result, according to the results of a global survey from Aon. Few companies have…
Workplace Vaccination: Should you force your staff to vaccinate?
February 25, 2021 by Adam MalikEnforcing a vaccination policy on staff is fraught with challenges, a brokerage expert warned. It’s a hot-button issue in the industry, according to the results of a recent online survey of more than 1,150 P&C insurance professionals conducted by Canadian…
Workplace Vaccination: A gateway to workplace wellness discussions
February 24, 2021 by Adam MalikDiscussions about workers’ well-being during the COVID-19 pandemic have opened the door to broader discussions about workplace health and benefits, one brokerage executive has noticed. If employers want their staff healthy and working productively, they need to make sure staff…
Workplace Vaccination: Follow the leader
February 23, 2021 by Adam MalikIf senior leadership wants employees to follow their guidance on getting vaccinated, they need to set the right example, experts advise. Leaders need to be seen promoting their vaccination programs, says Gigi Acevedo-Parker, a registered nurse and Hub International’s clinical…
Canadian banks, bellwethers of pandemic recovery, to reveal key statistics this week
February 23, 2021 Anita Balakrishnan - THE CANADIAN PRESSTORONTO – Canada’s biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19. John Aiken, head of research (Canada) at…
Workplace Vaccination: Choosing your message
February 22, 2021 by Adam MalikYour office culture will likely determine whether or not you must receive a COVID-19 vaccination before returning back to office. Whatever your business decides, the tone and style of your messaging around vaccinations needs to match the approach, a senior…
Workplace Vaccination: A four-part series coming this week
February 19, 2021 by Adam MalikGetting vaccinated for COVID-19 is a common talking point around the virtual water cooler these days. Many questions remain up in the air while the industry longs for something resembling normal social interaction. Starting Tuesday, Canadian Underwriter‘s online coverage will…
Nearly two-thirds of small businesses would use rapid testing of employees: survey
February 19, 2021 The Canadian PressOTTAWA – Nearly two-thirds of Canadian small businesses would consider using rapid testing to screen employees if it would help their business to stay open, says a recent survey. The Canadian Federation of Independent Business says 63 per cent would…
Canada’s hardest-hit commercial lines — and a reason for optimism
February 18, 2021 by David GambrillCommercial lines market hardening in Canada — and globally — should continue through the early half of 2021, with some possible easing of rate increases during the second half of the year once vaccine rollout is widespread, an Aon report…
How much COVID business interruption claims could cost Fairfax
February 17, 2021 by Greg MeckbachBusiness interruption claims arising from the COVID-19 pandemic are expected to cost Fairfax Financial Holdings Ltd. nearly Cdn$300 million. Toronto-based Fairfax released Feb. 11 its financial results for 2020, reporting US$669 million in COVID-19 losses across all of its insurers.…
Webinar: 2021 Brokerage Executive Outlook
February 16, 2021 by Canadian UnderwriterTo view Canadian Underwriter’s full webinar series, please fill in the following information for immediate access: Webinar Access Name* First Last Email* Zip/Postal Code* Phone*Organization* Job Title* What is the business of the organization you work for?*Choose One…Independent Insurance BrokerageInsurance…