CNA Blog— From the Experts

Fiduciary liability coverage can be easily misunderstood and, as a result, may not be considered by insurance buyers when addressing their management liability exposures. In today’s litigious society, that could be a costly misstep.

What do healthcare professionals need to do to prevent issues with those who regulate the advertising?

Employers’ day-to-day business challenges can be daunting – including compliance with Canadian labour and employment laws. If a business is not in tune with the laws, complying with them may be like trying to hit multiple moving targets.

Many not-for-profit and privately held companies may be under the false impression that they have no need for management liability insurance.

The opioid crisis in Canada and elsewhere continues to grow with often tragic results. In Canada, one life was lost every two hours related to opioids in 2018. How did we get to this point? What is being done to address this widespread crisis, and how is the insurance industry responding?

The majority of cyber-attacks are opportunistic; cyber hackers are searching for websites with security vulnerabilities and outdated web applications that allow them access to exploit an organization’s processes and data.

Risk and fleet managers handle a plethora of responsibilities with their commercial automobile fleet. One important task is ensuring every fleet vehicle to be insured is included in their automobile policy at inception. Not advising the insurer of an automobile can lead to a denial of coverage, potentially putting the corporation’s assets at risk should a loss occur.

In a world that is ever-changing, businesses are facing new risks that are hitting their confidence hard and their reputations even harder.

Healthcare system and patient cyberattacks continue to increase significantly, exposing vulnerabilities in information technology and network-connected diagnostic equipment.

2019 really did throw a lot of challenges at us, and things don’t seem to be backing off as we think about what 2020 has in store for us from a risk perspective. Economic, political, cyber, technology and the complexities around the interconnectedness of risk are all expected to be chief concerns for business leaders, our latest Risk and Confidence research tells us.