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Employment Insurance Premium Rate Change for 2019

Employment Insurance Premium Rate Change for 2019

Employment Insurance Premium Rate Change for 2019 The Canada Employment Insurance Commission has announced a decrease in employment insurance premiums for 2019. Finance Minister Bill Morneau and Social Development Minister Jean-Yves Duclos said issued the following statement on the Employment Insurance (EI) premium rate for 2019: “Thanks to the hard work of Canadians, job creation has been strong, and unemployment is near 40-year lows. While more and more Canadians are feeling the benefits of Canada’s strong economy, the Government is committed to ensuring that middle class Canadians and people working hard to join the middle class have the support they need as they work to build better lives for themselves and their families. Canada’s EI program provides that support in times of need, and also provides training and employment programs to help Canadians find and keep good, well-paying jobs.” Since…read more →

International Insurance Newsletter | November 2018 Edition

International Insurance Newsletter | November 2018 Edition

International Insurance Newsletter | November Edition   Recent Successes: Placed local Package & Umbrella policies in Canada on behalf of a manufacturer of ready to assemble furniture products. Placed a standalone Employers’ Liability policy for an Italian restaurant chain opening up in the UK. Bound local policies in Australia and the UK as part of a Controlled Master Program for a leading provider of household consumer chemical products and restoration services. New Zealand There has been a very large increase in cyber incidents reported to CERT NZ, New Zealand’s government authority on cyber security. According to CERT NZ’s Q2 2018 report, cyber incident reporting by organisations has increased 145% since Q1 2018 – up from 506 to 736 incidents reported by organisations. Direct financial losses from all cyber incidents for the period totalled NZ$2.2m, or US$1.42m). However, this only reflects…read more →

Confronting The Risk That Goes Along With Embracing Technology

Confronting The Risk That Goes Along With Embracing Technology

One out of every five businesses will fall victim to a cyber attack. Not being part of that statistic requires confronting the risk that goes along with embracing technology. IT’S HAPPENED more often than I can count. People – from the guy who cuts my hair to the CPA I meet at a party – hear that I work in cyber insurance, and they proceed to ask me how they can protect themselves. I end up talking about cybersecurity a lot. At my last doctor’s appointment, I noticed that my primary care physician had transitioned from paper to patient files to a cloud-based record management system. After proudly showing off his new iPad, my doctor proceeded to ask me about cybersecurity. I was glad he did – security considerations aren’t always front of mind when adopting new technologies, yet it’s…read more →

Live Well, Work Well – October 2018 Edition

Live Well, Work Well – October 2018 Edition

In this month’s Live Well, Work Well newsletter, you’ll read about Workplace Bullying, Superfoods and The Importance of Eye Exams. More Common Than You’d Think: Workplace Bullying Workplace bullying is a common concern in workplaces across Canada. Generally, workplace bullying is defined as the use of intimidation through power, influence, tone or language to affect a person negatively. Often, bullying is intentional, but sometimes the bully is not aware of their hurtful actions or words. Workplace bullying affects safety, productivity, trust and workplace culture. Some common signs of workplace bullying include: Ignoring, isolating or excluding an employee Reprimanding or humiliating an employee publicly Name-calling or insulting an employee Workplace bullying is a serious issue, and if you feel like you’re being bullied or witness inappropriate behaviour, it’s critical to take steps to address it. Above all, it’s important to work…read more →

International Insurance Newsletter – October 2018 Edition

International Insurance Newsletter – October 2018 Edition

International Insurance Newsletter | October Edition   Recent Successes: Placed local admitted Property & General Liability policies in China as part of a controlled master program for an investment consultancy with a healthcare industry focus. Placed broad form Management Liability coverage in Australia for a multinational behavior change media and technology company. Global Terrorism More than half of all terrorism attacks in the world in 2017 took place in four countries: Iraq (23%), Afghanistan (13%), India (9%), and Pakistan (7%), according to the Global Terrorism Database. More than half of all deaths took place in three countries: Iraq (24%), Afghanistan (23%), and Syria (8%). In 2017, there were 10,900 terrorist attacks around the world, which killed more than 26,400 people, including 8,075 perpetrators and 18,488 victims. 2017, though, marks the third consecutive year of declining numbers of terrorist attacks and…read more →

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