Risk
How market pressures and climate issues are combining to reduce the availability of insurance to condo corporations
By Jeff Buckstein | March 1, 2020
7 min read
Canadian risk pros are making a median annual base salary of $101,000 as of June 1, 2019. That’s up 3.6% over the previous year, according to the Risk Management Compensation Survey published by the Risk and Insurance Management Society (RIMS). Education and experience play a role in how much risk professionals earned, the RIMS benchmark […]
By Adam Malik | February 24, 2020
2 min read
TYENDINAGA MOHAWK TERRITORY, Ont. – Several protesters were detained Monday morning as provincial police moved in to clear a rail blockade on Tyendinaga Mohawk Territory in central Ontario that has brought freight and passenger rail traffic to a virtual standstill. The arrests came hours after the protesters ignored a midnight deadline by police to leave […]
By Jason Contant | February 24, 2020
4 min read
OTTAWA – Transport Minister Marc Garneau is easing speed restrictions placed on certain trains following a derailment in Saskatchewan earlier this month that spilled 1.2 million litres of crude oil and started a massive fire. Garneau says the move is the result of close collaboration between government officials and rail companies to determine the reasons […]
By The Canadian Press | February 18, 2020
Blockades set up by anti-pipeline protesters have forced Canadian National Railway Co. to shut down its entire network in Eastern Canada and Via Rail to cancel passenger service across the country. CN said Thursday that the company must initiate a “disciplined and progressive” shutdown in the East and stop and safely secure all transcontinental trains […]
By Greg Meckbach | February 14, 2020
5 min read
OTTAWA – Federal cabinet ministers now have their own special hotline to report suspected hacking incidents. Officials at the Canadian Centre for Cyber Security set up the round-the-clock telephone service last year to respond swiftly to possible security breaches, newly released documents show. The hotline, one of several protective measures for ministers, is an indication […]
By Jason Contant | February 12, 2020
3 min read
GUERNSEY, Sask. – Transportation Minister Marc Garneau has announced speed restrictions on trains carrying dangerous goods after a derailment in Saskatchewan caused a dozen tankers carrying crude oil to catch fire. Garneau says the ministerial order will come into effect Friday at midnight, but the government is asking it be implemented immediately. It will require […]
By The Canadian Press | February 6, 2020
1 min read
WINNIPEG – Heavy precipitation in the United States is adding to concerns about potential flooding this spring in Manitoba. A report from the Manitoba government says precipitation amounts in the U.S. portions of the Red and Souris rivers since November are tracking as much as 300 per cent of normal levels. And that rain and […]
By The Canadian Press | February 5, 2020
ST. JOHN’S, N.L. – A number of light earthquakes have been recorded around Newfoundland and Labrador over the last week, according to Earthquakes Canada. At approximately 2 p.m. local time on Monday, a magnitude 4.3 earthquake was registered in coastal Labrador at a depth of 18 kilometres. The earthquake, recorded about 18 kilometres east of […]
By The Canadian Press | February 4, 2020
News of three documented Canadian cases of 2019 Novel Coronovirus (or 2019-nCoV) has spread like wildfire, and several legal commentators and risk managers are now issuing alerts containing steps to reduce the likelihood of people contracting the pneumonia-like symptoms in the country’s workplaces. Could a 2019-nCoV global pandemic trigger coverage from a P&C insurance policy? […]
By David Gambrill | January 30, 2020
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