Canadian Underwriter

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LexisNexis Risk Solutions brings advanced analytics to U.S. telematics programs

January 24, 2017 by Canadian Underwriter

LexisNexis Risk Solutions has advanced its proprietary technology for insurance telematics programs in the U.S. to ensure the policyholder and driver are the same, contributing to a true picture of driver behaviour and improving consumer experience. “Up until now, U.S.

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New mobile app allows policyholders to self-serve auto, property insurance policies through their mobile devices

January 24, 2017 by Canadian Underwriter

KTX Insurance Brokers Ltd. is looking to respond to consumer demand to interact online with the launch of a new mobile app that allows policyholders to access both advice from licensed brokers and self-serve their insurance policies online. Through the

Insurance
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Insurance Brokers Association of Ontario suspends partnership with Aviva Canada

January 23, 2017 by Canadian Underwriter

The Insurance Brokers Association of Ontario (IBAO) announced on Monday that it is formally suspending its sponsorship partnership with Aviva Canada “for the foreseeable future.” IBAO CEO Colin Simpson argued in a media release that “Aviva continues to leverage the

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News Commercial LinesInsuranceLegal

Intact must help defend pollution lawsuit due to exception in exclusion for “sudden and accidental” release

January 23, 2017 by Canadian Underwriter

Intact Insurance must participate in the defence of a lessee of commercial property – on a Grimsby, Ont. site formerly occupied by a gas station – which is being sued by a neighbouring property owner alleging that contaminants migrated to

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U.S. Department of Transportation designates 10 automated vehicle “proving grounds” to encourage testing of new technologies

January 23, 2017 by Canadian Underwriter

The U.S. Department of Transportation (DOT) has announced that it has designated 10 “proving ground” pilot sites to encourage testing and information sharing related to automated vehicle technologies. Former U.S. Transportation Secretary Anthony Foxx announced the designations last week before

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News CatastrophesEarnings / RatingsInsuranceMarkets / CoveragesReinsurance

ILS sector set to gather pace after subdued 2016: Aon study

January 23, 2017 by Canadian Underwriter

The insurance-linked securities (ILS) sector is set to gather steam this year, with a record amount of catastrophe bonds to mature in the first half of 2017, according to a new report from Aon Securities. Aon Securities, the investment banking

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IoT botnets present unmanageable cyber security risk: Juniper Research

January 23, 2017 by Canadian Underwriter

The scale of embedded connectivity could lead to an unmanageable cyber security risk created by botnets, Juniper Research Limited cautioned Monday in releasing data indicating the consumer Internet of Things (IoT) installed base will reach 15 billion-plus units by 2021.

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SGI records more than 350 impaired driving offences in Saskatchewan in December

January 23, 2017 by Canadian Underwriter

Saskatchewan Government Insurance (SGI) reported on Monday that there were 353 offences related to impaired driving in the province in December, compared to 308 in December 2015. “Too many people still made the poor decision to drive after drinking in

Severe Weather Georgia
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More tornadoes ahead as death toll reach 15 in southeast U.S.

January 23, 2017 Pamela Sampson - THE ASSOCIATED PRESS

ATLANTA – A weekend of deadly weather in the Southeast killed 15 people and injured dozens more, authorities said Sunday, while residents along the Georgia-Florida line were bracing for more intense, fast-moving storms – including unusually strong “long track” twisters.

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insPRESS Insurance

Vericlaim expands with new Winnipeg office

January 23, 2017 by Sedgwick

Vericlaim expands with new Winnipeg office Harry Toews joins expert team advancing strategic growth in the Canadian market Winnipeg, January 20, 2017 – Sedgwick and its subsidiary Vericlaim, a global provider of loss adjusting and claims management solutions, are pleased to

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triOS College to offer new P&C insurance diploma in spring

January 23, 2017 by Canadian Underwriter

triOS College Business Technology Healthcare announced on Monday that it will be introducing a new insurance diploma and insurance specialist diploma program beginning in the spring of 2017. The program is designed to address the huge need for individuals to

insPRESS InsuranceProfessional Development

Ian Portsmouth appointed Managing Director of Insurance Group after departure of Senior Publisher Steve Wilson

January 22, 2017 by Canadian Underwriter

Ian Portsmouth has been appointed Managing Director of Newcom Business Media’s Insurance Group, effective Jan. 30. Portsmouth replaces Steve Wilson, who has left Canadian Underwriter magazine after 23 years of service. The Insurance Group publishes Canadian Underwriter magazine and other