Keyword
credit card
Ex-broker suspended for misusing client’s credit card
March 13, 2024 by David GambrillA former B.C. broker has been suspended for three years after making unauthorized purchases on a client’s credit card, the Insurance Council of B.C. has ruled. The province’s broker regulator ordered the suspension in February 2024, after finding that Maninder…
Cyber tip to keep your large retailer clients secure
July 22, 2018 by Greg MeckbachComputer systems that many retailers use to accept payment and manage inventory can pose a liability risk if they store credit card numbers, and the “ultimate” solution could be expensive. Many “point-of-sale” systems are installed on computers running Microsoft Corp.’s…
WestJet reports disclosure of rewards program data from unauthorized third party
July 31, 2017 by Canadian UnderwriterWestJet reported on Friday that it has “become aware that some WestJet Rewards member profile data has been disclosed online by an unauthorized third party.” None of the data contained credit card or banking information, Calgary-based WestJet noted in a…
The Commonwell Mutual Insurance Group launches new policy to protect clients against “home sharing rentals gone wrong”
July 10, 2017 by Canadian UnderwriterLindsay, Ont.-based The Commonwell Mutual Insurance Group, a home and auto insurance company, announced on Monday the launch of a new policy designed to protect clients against “home sharing rentals gone wrong” on popular sites like Airbnb, FlipKey and HomeAway.…
Insurance Analytics Canada Summit speaker explains how brokerage caters to ‘need for speed demographic’
July 3, 2017 Greg Meckbach, Associate EditorThere are “all sorts of insights” that an insurance brokerage can get from customer data, but that data needs to be trustworthy, the head of an online commercial insurance brokerage told attendees at a recent conference. “If you don’t have…
Generali Global Assistance launches identity protection platform in Canada
June 7, 2017 by Canadian UnderwriterGenerali Global Assistance (GGA), part of the Generali Group, announced on Tuesday that its proprietary identity protection platform is now available for the Canadian marketplace. The offering provides an integrated approach to the four pillars of identity protection: prevention, monitoring,…
InsurEye adds independent mortgage, credit card consumer reviews to platform
March 15, 2017 by Canadian UnderwriterThe largest Canadian platform for insurance reviews has launched independent consumer reviews for mortgage and credit card products, InsurEye announced Wednesday. “Our platform has already been offering nearly 3,000 home, auto and life insurance reviews to inform Canadian consumers about…
Fraud vigilance increasing among polled Canadians: Equifax Canada
February 28, 2017 by Canadian UnderwriterSurveyed Canadians are becoming more vigilant about guarding against fraud, with the lion’s share of respondents taking measures to protect their personal information and three in 10 seeking help to ensure they are alerted should a fraud be under way.…
Court orders review of Target security breach settlement
February 3, 2017 David Pitt - THE ASSOCIATED PRESSDES MOINES, Iowa – A Minnesota federal judge must hold hearings to determine whether a proposed settlement for about 100 million Target customers who were victims of a 2013 security breach treats all customers fairly, a federal appeals court says.…
Two customers spearhead class action lawsuit against casino over hacking of private data
November 15, 2016 Colin Perkel - THE CANADIAN PRESSTORONTO – Two gamblers who allege their privacy was breached are spearheading a proposed class action against an Ontario casino whose databases were hacked. In a notice of action, they also alleged Monday that Casino Rama, north of Toronto, unjustly…
Data breach settlement approved in Canadian class action lawsuit against Home Depot
September 3, 2016 by Canadian UnderwriterAn Ontario court recently approved a settlement in a class action lawsuit against Home Depot of Canada, Inc. and its corporate parent arising from a data breach in 2014 that affected its payment card system. Class action lawsuits were filed…
Vaughan, Ontario man charged following $63,000 insurance fraud investigation
April 12, 2016 by Canadian UnderwriterJust days after the York Regional Police (YRP) announced that they have laid charges in connection with an alleged staged collision in the Township of King, Ont., police said on Monday that they have charged a 36-year-old Vaughan man in…