HR
Darius Delon, a consultant and president of Risk Management 101, told Canadian Underwriter Monday what he sees as the top concerns for risk managers. Here are his Top 3 risks: Number 1: Awareness about legislative changes In some instances, organizations are not aware of legislative changes that have already been made—to say nothing of upcoming […]
By Jason Contant | November 27, 2017
2 min read
Ontario’s recent minimum wage hike up to $15 per hour ruffled a few feathers within the business community, but the new legislation didn’t raise much of a fuss within the property and casualty (P&C) insurance sector. “On this particular issue, we reached out to member companies when the legislation was first proposed, and we were […]
By Jason Contant | November 26, 2017
Legal / Regulation
SAN FRANCISCO – California regulators are embracing a General Motors recommendation that would help makers of self-driving cars avoid paying for accidents and other trouble, raising concerns that the proposal will put an unfair burden on vehicle owners. If adopted, the regulations drafted by the California Department of Motor Vehicles would protect these carmakers from […]
By Jason Contant | November 16, 2017
3 min read
The Saskatchewan Taxi Cab Association (STCA) is calling on the province to “conduct real consultation” before allowing transportation network companies (TNCs) like Uber to operate in the province. In its Speech from the Throne on Wednesday, the provincial government said that it plans to introduce legislation so that Saskatchewan Government Insurance (SGI) can offer coverage […]
By Canadian Underwriter | October 26, 2017
Insurance regulatory frameworks are becoming disrupted as new technologies and the rise of social media are changing the way insurance is bought and sold.
By Brian Reeve, Partner, Cassels Brock & Blackwell LLP | October 26, 2017
Andrew Weaver, the leader of the B.C. Green Party, has introduced his Ridesharing Enabling Act for the third time. Weaver previously introduced the bill twice under the previous B.C. Liberal government. The bill has been modified from previous versions to enable the Insurance Corporation of British Columbia to develop an insurance regime for ride-hailing, as […]
By Canadian Underwriter | October 23, 2017
4 min read
The combination of known risks with a new technology is challenging, Christian Höft, client manager with Munich Re, told Canadian Underwriter one day after the (re)insurer released a comprehensive risk analysis of the Hyperloop technology. Hyperloop Transportation Technologies’ (HTT) technology is a new form of transport which sees passengers and goods being transported in capsules […]
By Jason Contant | October 18, 2017
The government of British Columbia announced on Monday that it has hired an industry expert to consult with and help prepare the taxi industry for a “made-in-B.C.” solution to ridesharing. Transportation and Infrastructure Minister Claire Trevena said in a press release that the provincial government has hired industry expert Dan Hara of Ottawa-based Hara Associates. […]
By Canadian Underwriter | October 17, 2017
OTTAWA – Under the California sun, Marc Garneau pressed a button to let a car take him for a spin as part of a joy ride that was more business than pleasure. While much attention this week went to Prime Minister Justin Trudeau’s trip to Washington and Mexico to save North American free trade talks, […]
By Jason Contant | October 16, 2017
VICTORIA – An election promise to bring ridesharing to British Columbia by the end of the year has taken a detour as the NDP government says safety of passengers and operators comes first. Transportation Minister Claire Trevena said Tuesday the government is studying safety and regulatory issues and she can’t say when ridesharing operations like […]
By Jason Contant | October 4, 2017
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