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B.C.’s Court of Appeal recently confirmed that a $10-million coverage limit did not apply to mitigation of loss coverage in a professional liability insurance policy, in part because the policy grouped mitigation of loss coverage together with other types of damage that require a third-party claim to trigger a loss. Mitigation of loss coverage is […]
By David Gambrill | February 22, 2021
5 min read
Your 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 communications executive from Hub International advises. When communicating your vaccine program, “it’s not going to […]
By Adam Malik | February 22, 2021
4 min read
Ford Motor Co. says it will recall about 8,800 vehicles in Canada after the automaker lost track of some older Takata air bags that can explode and hurl shrapnel. Ford says 8,762 Ford Ranger pickup trucks with model years between 2004 and 2006 will be recalled in Canada as the automaker searches for 45 obsolete […]
By Jason Contant | February 22, 2021
1 min read
Whether most people realize it or not, Artificial Intelligence (AI) is something we all come into contact with on a daily basis. One of the most cited examples is, of course, Netflix and its ability to serve up shows, movies, and documentaries based on a user’s historical viewing patterns. In 2021, we will see […]
February 22, 2021
7 min read
For the Canadian P&C insurance industry, Cat activity roared in like a lion in January, but has looked more like a kitten since then. Two winter storms in Western Canada caused more than $134 million in insured damage, based on surveys from Catastrophe Indices and Quantification Inc. (CatIQ). The severe weather from Jan. 12-14 hit […]
By David Gambrill | February 19, 2021
3 min read
Getting 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 strive to answer some questions you may have about vaccines and the P&C workplace. Some […]
By Adam Malik | February 19, 2021
OTTAWA – 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 adopt rapid screening. Support was strongest in social services like dentists and chiropractors at 71 […]
By Jason Contant | February 19, 2021
2 min read
Investing in the mental health of your staff has always been important, but the COVID-19 pandemic has driven home just how important it is, says one Canadian P&C insurer executive. “I think we’ve really learned through 2020 and now into 2021 that it’s critical — investment in your employees’ mental health is critical,” said Dan […]
By Adam Malik | February 18, 2021
BURNABY, B.C. – Simon Fraser University says a cyberattack on a school server has exposed personal information. The British Columbia university says in a statement that spreadsheet data on the breached server contained personal information for a number of current and former students, faculty, staff and student applicants. The type of personal information stored in […]
By Jason Contant | February 18, 2021
Self-care strategies such as meditation, yoga, eating properly, and exercising are not the right tools for preventing workplace burnout during the pandemic, says Jennifer Moss, a journalist, researcher, and author of Unlocking Happiness at Work and the Burnout Epidemic. “Self-care isn’t the cure for burnout,” Moss said during an interview Wednesday on the LinkedIn News […]
By David Gambrill | February 17, 2021
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