Industry
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. Authors: Brett Dolter, Assistant Professor, Economics, University of Regina; Blake Shaffer, Assistant professor, Economics and School of Public Policy, University of Calgary; G. Kent Fellows, Research […]
By Jason Contant | February 25, 2021
6 min read
Brokers in Quebec have ample opportunity to educate their clients about how condo insurance works, according to the results of a recent survey commissioned by Insurance Bureau of Canada. One key source of confusion may sound familiar to brokers elsewhere in Canada. Basically, condo unit owners in Quebec aren’t clear about the relationship – or […]
By David Gambrill | February 24, 2021
3 min read
Discussions about workers’ well-being during the COVID-19 pandemic have opened the door to broader discussions about workplace health and benefits, one brokerage executive has noticed. If employers want their staff healthy and working productively, they need to make sure staff are aware of the tools available to them through health benefits and workplace wellness programs […]
By Adam Malik | February 24, 2021
4 min read
Nearly two-and-a-half years after recreational marijuana was legalized in Canada, the country’s P&C insurance industry is starting to get a sense of the type of claims arising from the October 2018 legalization. The big issue right now is vaping, said Kelli Hunt, vice president of underwriting with Next Wave Insurance Canada. Hunt told Canadian Underwriter […]
By Jason Contant | February 24, 2021
Auto insurers will be watching very carefully to see how future working-from-home arrangements will affect downtown traffic patterns — and hence, auto insurance claims — during the post-pandemic era, says an RSA Canada claims executive. Government lockdowns to avoid the spread of COVID-19, along with subsequent business re-openings, have already made it trickier for insurers […]
By David Gambrill | February 23, 2021
If senior leadership wants employees to follow their guidance on getting vaccinated, they need to set the right example, experts advise. Leaders need to be seen promoting their vaccination programs, says Gigi Acevedo-Parker, a registered nurse and Hub International’s clinical risk management practice leader. And it doesn’t matter if it’s a required or voluntary program. “Leadership […]
By Adam Malik | February 23, 2021
TORONTO – Canada’s biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19. John Aiken, head of research (Canada) at Barclays, says that Canadian bank leaders will likely give analysts insight on how the economy […]
By Jason Contant | February 23, 2021
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
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
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