Topic
Legal
The Complexity of an Abuse Claim
May 31, 2014 byIn a Newfoundland sexual abuse case, new evidence allows an insurer to void a policy due to misrepresentation
Commoditization of usage based insurance offerings taking place
May 30, 2014 Angela Stelmakowich, EditorThe current regulatory environment is fuelling commoditization of usage-based insurance (UBI) offerings, something that could be at odds with how open consumers are to exploring different options, Colin Wright, principal of Corner 2 Consulting, suggested during a presentation Thursday. “Because…
How Google got states to legalize driverless cars
May 30, 2014 Justin Pritchard, THE ASSOCIATED PRESSMOUNTAIN VIEW, Calif. – About four years ago, the Google team trying to develop cars driven by computers – not people – became convinced that sooner than later, the technology would be ready for the masses. There was one big…
41 charged in Philadelphia in alleged insurance scam involving dead deer, fake car accidents
May 29, 2014 THE ASSOCIATED PRESSPHILADELPHIA – Forty-one people in Philadelphia are facing charges in what prosecutors call an elaborate insurance fraud scheme that used dead deer to fake car accidents. Ronald Galati Sr. is accused of running a $5 million scam out of his…
Alberta regulator’s decision on UBI coming by end of year
May 29, 2014 Harmeet Singh, Online EditorThe Office of the Superintendent of Insurance in Alberta will make its decision on the approval of usage based auto insurance in that province by the end of this year, but is stressing that privacy must be top of mind…
8 vehicles earn insurance industry’s top rating for collision warning and braking systems
May 29, 2014 Dee-Ann Durbin, THE ASSOCIATED PRESSDETROIT – The 2014 Chevrolet Impala was the only non-luxury car to earn the highest safety rating in new tests of high-tech crash prevention systems. The Insurance Institute for Highway Safety tested cars equipped with collision warning and automatic braking…
Public-private survey finds cybercrime rising, companies and government ill prepared
May 28, 2014 Martha Mendoza, THE ASSOCIATED PRESSSAN JOSE, Calif. – The hackers are winning, according to a survey of 500 executives of U.S. businesses, law enforcement services and government agencies released Wednesday. The 12th annual survey of cybercrime trends found that online attackers determined to break…
CRTC warns it can’t respond to every complaint when anti spam law takes effect
May 28, 2014 Michael Oliveira - THE CANADIAN PRESSTORONTO – A new law designed to help unclog Canadians’ email inboxes takes effect July 1, but the CRTC is warning that it won’t be able to respond to every complaint it receives. The new federal anti-spam legislation requires that…
Ontario updates attendant care rates payable under auto insurance policies
May 23, 2014 by Canadian UnderwriterThe Financial Services Commission of Ontario is revising the hourly rate guideline for attendant care benefits in the province’s standard auto insurance policy, raising the amount payable for “basic supervisory functions” to $11 an hour, for accidents that occur on…
Suzuki recalls GM made small cars to fix problem that can cause steering column fires
May 23, 2014 THE ASSOCIATED PRESSDETROIT – Suzuki is recalling more than 184,000 small cars in the U.S. because the steering columns can catch fire. The recall covers Forenza models from 2004 through 2008 and Reno models from 2005 through 2008. Both vehicles were made…
Toyota recalling 430,500 vehicles in 3 safety recalls, says no injuries related to defects
May 23, 2014 THE ASSOCIATED PRESSDETROIT – Toyota is recalling 430,500 vehicles for three separate safety problems, including 82,381 Sienna minivans in Canada that face potential problems caused by salt used by road crews to melt snow or ice in some areas. The company said…
Police catch more than 3,600 speeders in Saskatchewan during April
May 22, 2014 by Canadian UnderwriterThousands of motorists were ticketed in April as part of the Saskatchewan-wide traffic safety spotlight focusing on speeding in work zones, and aggressive driving in general. Law enforcement issued a total of 3,769 tickets related to excessive speed or aggressive…