Risk
The severity of some accidents may increase as vehicles become driverless, in part because driver orientation will change, a crash reconstructionist told Canadian Underwriter in an interview last week. Currently, drivers are sitting in their seats, properly belted with their headrest in the proper position, looking straight ahead. But imagine a situation in which there […]
By Jason Contant | October 1, 2018
2 min read
TORONTO – Ontario’s ombudsman says the system for notifying drivers that their licence has been suspended is “fundamentally flawed” leaving many people unwittingly driving with invalid licences. In a report released on Thursday, Paul Dube makes 42 recommendations designed to make the system fairer and keep drivers better informed of their status. Dube says the […]
By Jason Contant | September 28, 2018
Ontario will soon introduce legislation defining the scope of recreational marijuana use, just weeks before the federal government is scheduled to legalize pot on Oct. 17. The governing Progressive Conservative Party is introducing a tightly-regulated regime in which municipalities will have an opportunity to opt out of having cannabis stores in their communities. In addition, […]
TORONTO – A near-collision of an Air Canada jet at San Francisco’s airport should be a wake-up call for the federal government to adequately address pilot fatigue for overnight flights, the union representing the airline’s pilots said Wednesday. “I don’t know what else it would take to wake them up that this is a significant […]
By Jason Contant | September 27, 2018
3 min read
Economical Insurance has won Insurance Nexus’ Canadian Insurance Carrier of the Year 2018 award for its Guidewire-based computer system Vyne. The carrier of the year award recognizes the insurer who has made the biggest advances in implementing analytics and artificial intelligence within their business. The second category of award, the Canadian Insurance Innovator of Year, […]
By Jason Contant | September 26, 2018
Michel Rodrigue, Cirque du Soleil’s director of risk management and insurance, has received this year’s Donald M. Stuart award, Canada’s highest honour for risk management. Based in Montreal, Cirque du Soleil is an entertainment company that produces spectacular theatrical shows famous for their high-risk daredevil and aerial acrobatics. The shows have been seen by more […]
By David Gambrill | September 24, 2018
Canadian workplaces are likely to see an increase in marijuana use but the changes resulting from cannabis legalization next month will be “more evolutionary than revolutionary,” suggests a speaker scheduled to address next month’s Insurance Brokers Association of Ontario (IBAO) convention. Medical use of marijuana will become “more normalized” after recreational cannabis becomes legal Oct. […]
By Greg Meckbach | September 20, 2018
OTTAWA – The federal government is speeding up the timelines for the removal of rupture-prone tank cars from Canadian railroads. Ottawa has taken steps to phase out certain types of tank cars following the deadly train derailment and explosions in Lac-Megantic, Que., that killed 47 people in 2013. Transport Minister Marc Garneau announced new timelines […]
By The Canadian Press | September 19, 2018
1 min read
Commercial specialty insurer Ironshore Canada is being re-branded as Liberty Mutual Canada. In addition to Ironshore, Liberty International Underwriters Canada is also being rebranded as Liberty Mutual Canada, the insurer announced Thursday. But for the rest of 2018, “policies will continue to be written on Liberty Mutual Insurance Company and Ironshore Insurance Ltd (Canada Branch) […]
By Greg Meckbach | September 16, 2018
Clients who make tanks for flammable and hazardous material cannot always obtain insurance covering the full range of product and pollution liability. Matrix Service Company, whose products include above-ground fuel tanks, said Wednesday its products can potentially expose it to professional liability, product liability and pollution liability claims. “We may not be able to obtain […]
By Greg Meckbach | September 14, 2018
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