Industry
The CIP Society has announced its three honourees for this year’s National Leadership Awards, a program that recognizes outstanding achievements in the insurance industry, established in 2009. The program also honours individuals who show a passion for lifelong learning, as well as dedication to their employer, profession and community. This year’s honourees in the “Established […]
By Canadian Underwriter | September 17, 2014
1 min read
LOS ANGELES – Computer-driven cars have been testing their skills on California roads for more than four years – but until now, the Department of Motor Vehicles wasn’t sure just how many were rolling around. That changed Tuesday, when the agency required self-driving cars to be registered and issued testing permits that let three companies […]
3 min read
Hub International has selected Applied Systems’ Epic platform for its brokerage management, the companies announced Tuesday. “The commitment we made to consolidate onto Applied Epic is a natural step in our business transformation initiative by establishing a single view into our business with consistent reporting companywide,” Martin Hughes, chairman and chief executive officer of HUB […]
By Canadian Underwriter | September 16, 2014
2 min read
PITTSBURGH – The final report from a landmark federal study on hydraulic fracturing, or fracking, found no evidence that chemicals or brine water from the gas drilling process moved upward to contaminate drinking water at a site in western Pennsylvania. The Department of Energy report, released Monday, was the first time an energy company allowed […]
Demand for liability insurance is set to increase and new risks and stronger economic growth will also lead to an increase in claims severity, according to a new sigma report from Swiss Re. Depsite low liability pricing, liability claims have been lower-than-expected since 2008, allowing insurers to increase their profitability, according to Swiss Re. Low […]
HALIFAX – Nova Scotia’s Transportation Department says it has received assurances from Transport Canada that an appropriate inspection process is in place for a rail line through the province’s northeast and Cape Breton. Last month, Transportation Minister Geoff MacLellan said he wanted to seek those assurances in light of a report that found 18 key […]
By The Canadian Press | September 16, 2014
WINNIPEG – Defending against a cyber attack is very difficult and companies need to come up with a plan as to how to handle such an attack, suggests Zurich Insurance Group Ltd.’s chief executive officer of general insurance, Michael Kerner. “Companies need to be doing a lot of work to make sure that they have […]
By Canadian Underwriter | September 15, 2014
Insurer belairdirect has launched a new mobile app aimed at curbing distracted driving. Launched as part of the “Seriously…Just Drive” awareness campaign, the “bumpr” app automatically senses and responds to incoming calls and text messages when a vehicle is moving, according to belairdirect. The app, free for Canadian drivers, is available for Android smartphones. Drivers […]
Aviva Canada has launched a new privacy breach package, including insurance coverage and risk management offerings to Canadian businesses. Launched in partnership with data risk management service provider IDT911, the package includes breach counselling, crisis management, notification assistance, legal support and optional services available directly from IDT911. Aviva’s liability coverage reimburses business owners for legal […]
TORONTO – The unprecedented spread of the Ebola virus in West Africa may be pushing the world toward a viral disaster, a commentary published in Friday’s New York Times suggests. The article reveals that experts are worried ongoing transmission of the virus through people runs the risk of giving rise to mutations that might allow […]
By Canadian Underwriter | September 12, 2014
6 min read
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
