Industry
Many North American drivers are underprepared for winter driving, according to a recent survey from tire company Goodyear. While more than 75% of respondents said they believe winter tires make a difference in challenging winter weather, 58% of those in cold-weather areas don’t use winter tires, according to the survey of 2,106 drivers in North […]
By Canadian Underwriter | November 22, 2012
1 min read
The number of deaths related to impaired driving collisions in British Columbia has decreased over the past two years, following the introduction of tougher legislation, the provincial government announced this week. Since the September 2010 launch of the immediate roadside prohibition (IRP) program, the number of alcohol-related motor vehicle deaths has decreased to an average […]
2 min read
While organizations that have experienced data breaches report some serious consequences, including damaged reputations, there is a gap in perception about the true costs of a breach, according to a recent U.S. survey. Sixty percent of businesses included in the State of SMB Cyber Security Readiness survey, conducted by the Ponemon Institute, reported experiencing a […]
By Canadian Underwriter | November 21, 2012
Using telematics or app-based technology are among the ways younger drivers in the United Kingdom can help reduce car insurance premiums, Aviva reported following the release of commissioned research that shows a third of parents may no longer be able cover the cost of their child’s insurance. The bank of Mom and Dad may be […]
Insurance brokerage firm Marsh Inc. announced Tuesday that David Moylan will lead its new global surety practice. Moylan has been chairman of the surety practice of Marsh’s international division in Washington, D.C. for five years, and will now report to Jim Pierce, Marsh’s global industries chairman, according to a company press release. Marsh has more […]
By Canadian Underwriter | November 20, 2012
An increasing number of drivers are reporting using the Internet while driving, a troubling trend suggested by findings from a recent State Farm survey of U.S. drivers. Nearly half (48%) of drivers between 18 and 29 reported accessing the Internet on a cell phone while driving, an increase from 29% in 2009, according to findings […]
Mark Wilson, a former CEO of Asian life insurance giant AIA Group Ltd. who has also held executive roles at AXA Group in east Asia, will become CEO of London-based Aviva PLC on Jan. 1. Wilson, who is from New Zealand originally, will join Aviva’s board of directors Dec. 1, the firm stated in a […]
PPG Canada Inc. Automotive Refinish has announced new appointments in its business development and sales divisions. Norm Angrove has been appointed national business development and business solutions manager, expanding his Canadian business development responsibilities to include the business solutions division in his portfolio, the company announced. PPG’s regional business solutions and business development managers will […]
While many organizations globally are making important strides in their information security practices, they are still falling behind the fast-changing risks involved with new technologies, according to a new study from Ernst and Young. Government regulatory changes in recent years have meant information security has become more of a priority for the business, the company’s 2012 […]
By Canadian Underwriter | November 19, 2012
Global reinsurance intermediary Beach and Associates Ltd. announced Monday it has formed Beach Capital Holding Ltd. (BCHL), a new Canada-based company focused on more business development and growth. According to the company, BCHL will have the following objectives: The company has proposed the appointments of Jonathan Beach as chairman and Grahame Millwater as president and […]
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