Claims
How are mobile devices used in negligence tort claims?
By Max Hufton and Jessie Cameron, barristers, Race & Company LLP | May 31, 2014
5 min read
Wearable technology can record vast amounts of data on a plaintiff's lifestyle and activity - but must this data be disclosed?
By Matthew Pearn, associate lawyer, Foster & Company | May 31, 2014
Aligning your Resources to Support Strategy
By Insurance Institute of Canada | May 31, 2014
4 min read
Of all the components that need to be aligned with strategy, organizational culture can be particularly challenging. Formal systems and processes can be documented, assessed and measured. Informal systems and processes – elements of organizational culture – tend to be unwritten, hidden and difficult to articulate. Organizational culture can be described as the assumptions, values, […]
1 min read
Insurance professionals need to be prepared in case natural catastrophes affect their own homes, and they also need to collaborate with competitors in order to develop an industry-wide solution for overland flooding, the head of a claims management firm’s Canadian subsidiary suggested at an industry meeting May 14. “How equipped are we (personally) to be […]
May 31, 2014
2 min read
Cyber-risk management professionals must look beyond their internal information technology safeguards to interconnected risks that could build up and create a global shock on a similar scale to the 2008 financial crisis, cautions recently published research from Zurich Insurance Group. The reliance on information technology has created a complex web of interconnected risks, notes a […]
Lloyd’s of London recently released a report that suggests global warming could either increase or decrease thunderstorm risk in the United States, but a rise in sea levels on the east coast could increase losses from storms similar to Hurricane Sandy. Catastrophe Modelling & Climate Change, which was produced by the exposure management and reinsurance […]
Canadians report seeing many distracting driver behaviours, but few admit to being the ones fixing their hair while behind the wheel, according to a new survey from RSA. In the survey of 1,436 Canadian drivers conducted online by Leger Marketing, 63% said they have witnessed other drivers putting on makeup, and 57% reported seeing others […]
Record catastrophe losses caused the Canadian property and casualty insurance industry to see a decline in underwriting profit for 2013 to $284 million, compared with $1.9 billion in 2012, according to a quarterly briefing from Swiss Re’s Economic Research and Consulting division. Net income (after tax) fell by nearly 30%, and return on equity deteriorated […]
FREDERICTON – The New Brunswick government has released a strategy aimed at reducing the risk and damage of flooding. The 13-page document sets out a number of objectives, such as improving flood hazard identification by producing new flood hazard maps. The government says it will work with communities in their planning for proposed structures and […]
By The Canadian Press | May 30, 2014
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