Industry
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
1 min read
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
4 min read
OTTAWA – An internal review has uncovered weak security practices when it comes to information technology at Public Safety Canada – from lax controls on the use of portable flash drives to inadequate awareness and training. The review found employees who were no longer with the department “still had privileged access to the network” and […]
By Jason Contant | February 17, 2021
Although it will take some time, selling personal cyber insurance will come as naturally to brokers as selling home and auto insurance to customers, an expert predicts. Until that happens, however, it’s up to brokers to make sure that personal cyber coverage is part of the conversation when clients are looking to renew their other […]
By Adam Malik | February 16, 2021
A B.C. broker has been fined $7,000 and had his licence suspended for a year for his role in a “grey market” scheme to circumvent a ban on selling new luxury cars directly to used vehicle dealerships. Anthony Bryan Chua Cua collected more than $24,000 in broker commissions from the province’s public auto insurer after […]
By David Gambrill | February 16, 2021
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