Professional Risks

CUSMA uncertainty nudges Canadian professional firms to rethink US footprint and coverage

Purves Redmond's Alex Ilkos says CUSMA uncertainty is pushing some Canadian professional firms to avoid the US entirely while others are opening offices there to stay competitive

Branislav Urosevic May 26, 2026

Tariff fraud case puts insurance and D&O risks in spotlight

US$19m steel settlement highlights growing exposure to trade misrepresentation, whistleblowers and ‘tariff washing’ for Canadian boards and insurers

CUSMA trade risk puts Canadian boards under microscope as D&O exposure rises

Alex Ilkos says smaller companies with U.S. exposure face the same D&O risks as large ones – and insolvency is the match that lights it

‘All of the above’: How insurers are planning for an age of permanent uncertainty

KPMG experts say insurers are getting better at navigating uncertainty – but the threats are only getting more interconnected

CUSMA uncertainty seen driving corner cutting, liability risk in Canada’s construction sector

Alex Ilkos says financial pressure from CUSMA talks could quietly push contractors toward faulty work and claims

Roofing losses remain severe as hot work and water damage drive claims pressure

SWG Specialty’s Brian Mahoney says documentation gaps and winter exposures are adding pressure to roofing underwriting beyond fire risk

Why CGL falls short for professional services businesses

Peter Kyung Min Kim says many consultants and IT firms rely on CGL alone, leaving their core professional exposures unprotected until a claim exposes the gap

Why product recall coverage must evolve for a world of viral pile-ons and complex supply chains

Alexander Blair Johns says recalls today are driven as much by perception as by product defects, with viral claims and complex supply chains forcing brands to respond faster than ever

Side hustles, hidden risks: Why Canada’s gig workers challenge traditional P&C

Young gig workers are taking big risks with both the CRA and their coverage