Claims

Tennessee and Israel wildfires, New Zealand quake among expensive catastrophes in November: Aon Benfield

The November 13 earthquake affecting New Zealand “serves as a reminder ” of earthquake risk in Oceania, while wildfires — some set deliberately – in Israel, will cause economic losses of over half a billion, Impact Forecasting LLC suggested in a report released Wednesday. The Global Catastrophe Recap, published monthly by Chicago-based Impact Forecasting, is […]

By Canadian Underwriter | December 7, 2016

3 min read

Evolving technology expected to introduce new cyber threats, broadened attacks: Trend Micro

The coming year is expected to witness evolving technology that introduces new cyber threats and attacks that broaden and differentiate to penetrate new vulnerable surfaces, suggests a report issued Wednesday by Trend Micro Incorporated. The expectation is 2017 “will include an increased breadth and depth of attacks, with malicious threat actors differentiating their tactics to […]

By Canadian Underwriter | December 7, 2016

4 min read

Ontario court upholds 20-year driving ban for repeat impaired driver

A 20-year driving ban, on an Ontario man with more than 10 drunk driving convictions, was recently upheld by the province’s Summary Conviction Appeal Court. In February, 2009, Victor Freeborn-Mejia was sentenced to six months in jail plus a 20-year driving prohibition after pleading guilty to being in care and control of a motor vehicle […]

By Canadian Underwriter | December 6, 2016

3 min read

U.S. prosecutor’s office paid bitcoin ransom in cyberattack

PITTSBURGH – A state prosecutor’s office in Pennsylvania was among hundreds of thousands of victims of a now-shuttered international cybercrime operation, paying nearly $1,400 in a bitcoin ransom to free up its infected computer network, authorities disclosed Monday. Federal prosecutors said in court documents only that an unidentified state government entity had been victimized by […]

By Jason Contant | December 6, 2016

3 min read