Industry
The National Transportation Safety Board (NTSB) in the United States has recommended that the “life-saving benefits of currently available collision avoidance systems (CAS)” become standard on all new passenger and commercial vehicles. “You don’t pay extra for your seatbelt,” said NTSB chairman Christopher A. Hart in a press release on Monday. “And you shouldn’t have […]
By Canadian Underwriter | June 9, 2015
3 min read
Nothing in Ontario’s Statutory Accident Benefits Schedule “expressly incorporates by reference the entirety” of the province’s Minor Injury Guideline (MIG) for auto insurance claims, but the “burden of proof” is on claimants “to establish entitlement to the appropriate level” of auto accident benefits, the province’s Divisional Court suggested in a recent ruling. The Divisional Court […]
4 min read
The lion’s share of cyber breaches observed in the 2015 Trustwave Global Security Report were not identified by the victims, Trustwave reports. Released Tuesday, findings are based on data from 574 data breach forensic investigations by the company across 15 countries in 2014, penetration testing results, threat intelligence from its five global security operations centres, […]
5 min read
Boston-based Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First Fiduciary Liability Insurance, a new policy “expressly designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension and benefit plans and their directors, officers and employees.” “Our Executive First Fiduciary Liability Insurance is built to deliver all the coverage our Canadian customers need […]
2 min read
DETROIT – The U.S. government’s auto safety agency acknowledged Friday that a deadly defect in General Motors ignition switches went unresolved for a decade because agency staffers didn’t understand air bag technology and failed to challenge the information it received from the automaker. The mea culpa came Friday as the National Highway Traffic Safety Administration […]
By Canadian Underwriter | June 8, 2015
The City of Toronto announced last week that bylaw officers will focus on city-wide enforcement of dog leash bylaws, following last year’s public education and enforcement blitz in July. In Toronto, all dogs must be kept on a leash whenever they are on any property other than their owner’s, unless they are in one of […]
The Centre for Study of Insurance Operations announced Friday it has published educational material designed to help brokers improve the traffic to their websites from search engines such as Google. Toronto-based CSIO’s educational resources on search engine optimization (SEO) includes four videos and a white paper. [click image below to enlarge] In the white […]
Three-quarters (74%) of risk professionals in the United States without cyber insurance are considering purchasing it within two years, according to the first RIMS Cyber Survey 2015, released on Monday. The survey from RIMS, the risk management society, features input from 284 of RIMS’ professional members in the U.S., with more than half of respondents […]
NEW YORK – Google is disclosing more details about the 12 accidents involving its self-driving cars so far as part of a commitment to provide monthly updates about the safety and performance of the vehicles. The summary released Friday described all of the collisions as minor, saying no injuries were reported. As it has been […]
Applied Systems has announced the availability of Applied PerformanceManagement 2015 – meant to extend user-driven analysis and visual business insights – to insurance agencies and brokerages in the United States and Canada. The offering helps “insurance executives gain greater visibility into operational performance based on their organizational structure, clients and geographies,” notes a statement earlier […]
By Canadian Underwriter | June 5, 2015
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