Legal / Regulation
WASHINGTON – Obama administration officials previewed long-awaited guidance Monday that attempts to bring self-driving cars to the nation’s roadways safely – without creating so many roadblocks that the technology can’t make it to market quickly. Traditional automakers and tech companies have been testing self-driving prototypes on public roads for several years, with a human in […]
By Jason Contant | September 20, 2016
4 min read
HR
The Transportation Safety Board of Canada (TSB) is calling for the implementation of voice and video recorders on locomotives in Canada. The call follows the release of the TSB’s report on its safety study, Expanding the use of locomotive voice and video recorders in Canada. The study, which was launched by TSB in May 2015, […]
By Canadian Underwriter | September 20, 2016
3 min read
MONTREAL – Quebec is often held up as a model for other provinces to follow when it comes to regulating the growing home-sharing market, but doubts are being raised over whether recent provincial changes are having any impact. In April, the provincial government amended its tourist accommodation law in an effort to help level the […]
By Jason Contant | September 19, 2016
The majority of businesses and economies are not ready for digital platforms, according to a new report released on Tuesday by global professional services company Accenture. Accenture’s report Five Ways to Win with Digital Platforms, published in collaboration with the G20 Young Entrepreneurs’ Alliance, assessed the ability of 16 G20 economies, including Canada, to support […]
By Canadian Underwriter | September 14, 2016
The global banking, financial services and insurance (BFSI) security market is estimated to grow to nearly US$50 billion by 2021, driven by regulatory, security and cyber factors. Market research firm MarketsandMarkets said in a report released Thursday that the BFSI security market is estimated to grow from US$30.23 billion in 2016 to US$48.95 billion by […]
By Canadian Underwriter | September 9, 2016
1 min read
When it comes to "vacant" properties, a number of potential risks and liabilities may come into play. It is critically important to take a wide view when assessing how best to manage and mitigate associated risks. It is also advisable to remember that the longer a property sits idle, the more difficult obtaining coverage may become.
By Glenn Minnis, Manager, Property, Markel | September 2, 2016
6 min read
WASHINGTON – There will be 600,000 commercial drone aircraft operating in the U.S. within the year as the result of new safety rules that opened the skies to them on Monday, according to a Federal Aviation Administration estimate. The rules governing the operation of small commercial drones were designed to protect safety without stifling innovation, […]
By Jason Contant | August 29, 2016
2 min read
It would be folly to think that political risk is something that only happens “over there.” The effects over here can be just as damaging. That the number of such incidents may not be as high as has traditionally been the case in emerging markets should offer neither comfort nor serve as a basis for […]
By Angela Stelmakowich, Editor | August 26, 2016
Six months after a bill proposing to regulate home inspectors was tabled in the Ontario legislature, the provincial government said Wednesday it plans to “introduce legislation this fall that would, if passed, regulate the province’s home inspection industry.” Bill 165, the Licensed Home Inspectors Act, has already passed second reading and was referred March 3 […]
By Canadian Underwriter | August 18, 2016
The City of Toronto announced on Tuesday that it has issued a Private Transportation Company (PTC) licence to Uber, calling it the first of its kind in Canada. Since Toronto City Council gave Uber the green light to operate legally in Toronto on May 3, city staff have been preparing and implementing the new Vehicle-for-Hire […]
By Canadian Underwriter | August 17, 2016
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