Topic
Legal
SGI to fund more licence plate reading technology to help track stolen vehicles
May 6, 2014 by Canadian UnderwriterSaskatchewan Government Insurance is putting money behind licence plate reading technology for the RCMP and municipal police agencies. The automatic licence plate readers use infrared technology to scan licence plates and alert police when the plate is linked to a…
Target CEO Gregg Steinhafel resigns as fallout from massive data breach continues
May 5, 2014 Anne D'Innocenzio, THE ASSOCIATED PRESSNEW YORK – Target’s massive data breach has now cost the company’s CEO his job. Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out nearly five months after the retailer disclosed the breach, which has hurt its…
General Motors recalls more than 50,000 Cadillac SUVs to fix acceleration delays
May 2, 2014 THE ASSOCIATED PRESSDETROIT – General Motors is recalling more than 50,000 luxury SUVs to fix a computer error that can delay acceleration for three or four seconds. The recall affects some Cadillac SRX SUVs from the 2013 model year with 3.6-litre V6…
New Ontario prosecution office to focus on auto insurance fraud
May 1, 2014 Greg Meckbach, Associate EditorThe Ontario government announced Thursday it plans to develop an office dedicated to investigating and prosecuting “serious fraud,” including fraudulent auto insurance claims, to prohibit credit unions from promoting auto and home insurance online and to raise wages for some…
Saskatchewan government says widow will get compensation after car crash
May 1, 2014 THE CANADIAN PRESSREGINA – A Regina woman whose husband was killed in a car crash will get compensation from Saskatchewan Government Insurance after all. Rosmarie Boxall was initially told she wouldn’t receive any money because a drunk-driving charge against the man responsible…
Equal or Proportional
May 1, 2014 Michael S. Teitelbaum Partner, Hughes Amys LLPA recent Ontario court decision addressing allocation of plaintiffs’ costs notes that, in some circumstances, it may be equitable to allocate costs on an equal footing. But if insurers are not prudent in their attempts to limit potential exposure, courts could opt to allocate costs on a proportionate basis.
Get Smart
May 1, 2014 Peter Hohman, President and Chief Executive Officer, Insurance Institute of CanadaA new program from the Insurance Institute of Canada teaches company board members the foundational principles and concepts of property and casualty insurance, a move meant to answer an updated federal guideline and the trend of more board members outside the p&c insurance industry.
Jaywalkers, cyclists, blind corners: Google says its driverless cars mastering city streets
April 28, 2014 Justin Pritchard, THE ASSOCIATED PRESSLOS ANGELES – Google says that cars it has programmed to drive themselves have started to master the navigation of city streets and the challenges they bring, from jaywalkers to weaving bicyclists – a critical milestone for any commercially available…
Ontario can’t reduce auto premiums 15% without Bill 171: Brokers’ group
April 28, 2014 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) is urging provincial politicians to vote in favour of a bill that proposes to make several changes to the auto insurance dispute resolution system. If Bill 171, the Fighting Fraud and Reducing Automobile…
SGI seeks input on auto injury program
April 25, 2014 by Canadian UnderwriterSGI is asking the public and stakeholders for feedback over the next several months as part of a review of its auto injury program. “We want to ensure the injury program is still effectively meeting the needs of Saskatchewan residents,”…
GM adding safety investigators, restructuring engineering organization in response to recall
April 22, 2014 THE ASSOCIATED PRESSDETROIT – General Motors is adding 35 product safety investigators as part of a larger restructuring in response to a series of safety recalls. GM says the new investigators will more than double the size of its current team, to…
Saskatchewan authorities issue more than 700 tickets for seatbelt violations in a month
April 17, 2014 by Canadian UnderwriterSaskatchewan authorities ticketed just over 700 motorists last month during March’s traffic safety focus on seatbelt and car seat use in the province. Police were on the lookout for people not wearing a seatbelt, wearing one improperly or not having…