Risk
Don Cherry crossed a line, and it should have been no surprise to his employer’s risk managers that he made offending comments, says one risk management analyst. It all points to the need for employers to keep tabs on controversial high-profile media commentators, and to have strategies in place for early intervention in case on-air […]
By Adam Malik | November 16, 2019
3 min read
If you place directors and officers’ liability insurance for mining companies, the underwriter will want to know how the client manages risks such as pollution and shareholder litigation, a commercial broker advises. In lawsuits against directors and officers of mining companies in Canada, plaintiffs are often shareholders who allege the firms disclosed something too late, […]
By Greg Meckbach | November 8, 2019
Trying to think of a new way to broach that cyber insurance discussion with your clients? Why not highlight identity theft and fraud coverage for your personal lines clients, suggests a new research paper from the Insurance Institute of Canada. “Discussion in Canada about identity fraud seldom, if ever, recognizes that consumers can transfer part […]
By Jason Contant | October 9, 2019
2 min read
HALIFAX – Nova Scotia Premier Stephen McNeil says his government is looking at regulations that could ban flavoured vaping products in the province. McNeil responded Wednesday after the Opposition Progressive Conservatives introduced legislation aimed at addressing the growing numbers of young people who vape. The Tory bill calls for a ban on e-liquids, and prohibits […]
By The Canadian Press | October 3, 2019
Facing increasingly difficult market conditions means now’s the time risk managers can prove their true worth, one expert told a recent panel. Steve Pottle, director of risk management at Thompson Rivers University in Kamloops, B.C., said that as renewal costs go up and new challenges arise, risk managers have to stand tall in the face […]
By Adam Malik | September 24, 2019
From the breathtaking forests in British Columbia, to the natural resources of the Prairies, to the high-tech sector in Montreal and Toronto, Canada is a vast country with diverse risks. For the insurance industry, Canada represents an array of attractive opportunities, though emerging risks present some challenges to the continued growth of the nation’s […]
September 24, 2019
TORONTO – Violent unrest in Hong Kong is the latest geopolitical threat prompting Canadian companies to review their safety measures for overseas employees, security experts say. “It’s forced companies to kind of look at their policies and procedures around travelling to higher risk countries where there may be instability,” says Patrick Doyle, American Express Global […]
By Greg Meckbach | September 23, 2019
Will future risk management professionals be prepared to meet challenges of the business by 2025? It depends widely on who you ask in the field. A RIMS poll of 1,170 people, including 845 risk management professionals, found that for risk professionals with 20 or more years of experience there was an even 50-50% split between […]
By Jason Contant | September 23, 2019
While it feels like cyber threats have been around for some time, they’re still at the top of the list of emerging and ongoing risks for some industry professionals. But there are others that are grabbing the attention of insurance professionals. At the recent RIMS Canada Conference in Edmonton, a panel of young insurance professionals […]
By Adam Malik | September 23, 2019
Amplified by the speed and global breadth of social media, it takes seconds to shred a good corporate reputation. Corporate boards are worried. Can insurance help?
By David Gambrill, Editor-in-Chief | September 1, 2019
8 min read
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