Claims

Risk management lessons from the governor general’s resignation

If a commercial client has any inklings of a toxic workplace, an independent investigation is one way of managing reputational and liability risk, an expert says. The resignations last week of Governor General Julie Payette and her secretary may have brought the related topics of workplace harassment and employment practices liability higher on some risk […]

By Greg Meckbach | January 26, 2021

3 min read

What the recovery from commercial hard market could look like

Brokers could see a “K-shaped” recovery from the hard market in commercial lines because some sectors have been hit harder by the COVID-19 pandemic than others, panelists observed in a webinar hosted Jan. 25 by Canadian Underwriter. Some commercial lines are harder than others, P&C industry executives observed during the Monday webinar, Canada’s P&C Industry […]

By Greg Meckbach | January 26, 2021

4 min read

Six reasons why commercial prices will probably continue rising

Don’t expect a soft market for your commercial clients any time soon, executives with The Travelers Companies Inc. warn. Rates on renewal for business insurance were up 8.4% while rates in bond and specialty insurance increased by 12%, Travelers said last week of its financial results for the three months ending Dec. 30. Travelers also […]

By Greg Meckbach | January 25, 2021

3 min read

This new type of class-action tort grew from genetically modified corn seed

A proposed class-action lawsuit based on the novel tort of “premature commercialization” is going ahead in Ontario. The Supreme Court of Canada announced Dec. 10 it will not hear an appeal from Syngenta Canada Inc., which is facing a proposed class action by Canadian corn growers who suffered from an import ban from China. Allegations […]

By Greg Meckbach | January 22, 2021

5 min read