Industry
Employees across Canada are feeling more burned out now than they were a year ago, according to one survey, while other reports highlight mental health challenges as the COVID-19 pandemic drags on. Professionals report that they are drowning in work and feeling drained these days, according to staffing firm Robert Half. Fully one-third of employees […]
By Adam Malik | October 8, 2020
3 min read
OTTAWA – The federal privacy czar says the COVID-19 pandemic is underscoring weaknesses in the law that place the personal information of Canadians at risk. In his annual report presented to Parliament today, privacy commissioner Daniel Therrien warns the pandemic is fuelling rapid societal and economic changes at a time when outdated laws provide inadequate […]
By The Canadian Press | October 8, 2020
1 min read
An American auto insurer has partnered directly with a car manufacturer to get access to driver data and provide insurance coverage based on that information — and one Canadian expert thinks it’s a viable idea that could gain traction here. U.S. auto insurer Metromile recently announced a partnership with Ford Motor Company to provide owners […]
By Adam Malik | October 7, 2020
HEATHERTON, N.L. – A number of buildings are on fire in the small town of Heatherton, N.L. Muriel Brown works at the local Home Hardware store and says all she sees is smoke and flames when she steps out of the store. Local RCMP first tweeted a public advisory that a vacant house was on […]
By The Canadian Press | October 7, 2020
The good news is that Canada has stringent rules around food and consumer products, which makes it no surprise that there can be many recalls. The flip side, however, is that insuring for recalls is taking its toll on the property and casualty industry, even pushing many out of the space entirely. Food and automotive […]
By Adam Malik | October 6, 2020
TORONTO – Auto sales in September were 2.4 per cent higher than a year earlier, marking the best month for dealers since the start of the COVID-19 pandemic. DesRosiers Automotive Consultants Inc. said on Thursday that 169,876 light vehicles were sold in September, up from 166,488 in September 2019. Andrew King, the managing partner of […]
By Jason Contant | October 6, 2020
2 min read
Fairfax Financial Holdings Ltd. announced Monday that former Governor General of Canada David Johnston is back on its board of directors. Johnston had to step down from the Fairfax board when he became Governor General of Canada in 2010, the Toronto-based holdings company said Monday. Fairfax owns more than a dozen insurers including Toronto-based Northbridge, […]
By Greg Meckbach | October 5, 2020
A push to require Ontario collision repair shops to meet minimum standards when repairing vehicles is expected to even out the playing field, make the claims process run more smoothly, help client satisfaction, make roads safer, and potentially bring down auto insurance premiums. Canadian Underwriter talked about these projected benefits of certification with J.F. Champagne, […]
By Adam Malik | October 5, 2020
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Essential workers are the heroes of the COVID-19 pandemic. Civil servants, health-care workers, cleaning staff and grocery store employees work hard, risking infection, often for […]
By Jason Contant | October 5, 2020
4 min read
A leader in the Canadian P&C industry is sounding the alarm about the rise of litigation funding in Canada. Litigation funding is an arrangement in which a third-party company — not the plaintiff’s law firm — agrees to fund all or part of the plaintiff’s costs in a lawsuit. In return, they get a portion […]
By Adam Malik | October 2, 2020
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
