Topic
Legislation / Regulation
Cyber and data privacy breaches top risk for global transportation industry executives: Willis Towers Watson study
October 3, 2016 by Canadian UnderwriterThe increased security threat from cyber and data privacy breaches is the number one risk on the minds of executives in the global transportation industry, according to a new report released on Monday by Willis Towers Watson (WTW). Willis Towers…
Brokers’ challenges presenting opportunities: new IBAC president
October 1, 2016 Jason Contant, Online EditorThe issues facing the broker channel – such as the regulatory environment and technology – are collective, but the channel is strong together, Robert Harrison, new president of the Insurance Brokers Association of Canada (IBAC), said during the association’s annual…
No single vehicle fault caused unintended braking in Jeep Grand Cherokee: NHTSA
September 30, 2016 Tom Krisher - THE ASSOCIATED PRESSDETROIT – United States safety regulators have closed a yearlong investigation into the Jeep Grand Cherokee’s automatic braking system without seeking a recall. The U.S. National Highway Traffic Safety Administration began the probe in June of last year after getting…
Three-day roadside suspensions for drug-impaired Ontario drivers start Oct. 2
September 29, 2016 by Canadian UnderwriterEffective this Monday, Ontario police will be able to impose three-day roadside licence suspensions for drivers found to be operating vehicles while impaired by a drug or by a combination of drugs and alcohol. The Transportation Statute Law Amendment Act…
Feds failed to assess privacy implications of Bill C-51 info sharing: watchdog
September 27, 2016 Jim Bronskill - THE CANADIAN PRESSOTTAWA – The government hasn’t done enough to protect the privacy of “law-abiding Canadians” from new information-sharing powers in the omnibus security legislation known as C-51, says a federal watchdog. Privacy commissioner Daniel Therrien said Tuesday he was surprised that…
B.C. winter tire rules come into effect on Oct. 1
September 26, 2016 by Canadian UnderwriterBritish Columbia’s Ministry of Transportation and Infrastructure is reminding motorists that “winter weather is just around the corner” and that the province’s winter tire rules come into effect on Oct. 1. The rules mean that drivers will be required to…
Alcohol, drugs different, drug-impaired driving a growing concern: panel
September 22, 2016 by Angela StelmakowichAlcohol and drugs are different and approaches to addressing related impairment issues will likely need to be different as well, Doug Beirness, senior research associate with the Canadian Centre on Substance Abuse (CCSA), suggested Wednesday during a State Farm-sponsored event…
Zurich combines corporate, commercial businesses into single unit, appoints CEO of Commercial Insurance
September 21, 2016 by Canadian UnderwriterZurich Insurance Group announced on Tuesday that it will combine its corporate and commercial businesses into a “single global business as part of its process to simplify and strengthen its organization.” The new unit, to be called Commercial Insurance, brings…
U.S. government previews rules of the road for self-driving cars
September 20, 2016 Joan Lowy and Justin Pritchard - THE ASSOCIATED PRESSWASHINGTON – 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…
TSB calls for implementation of voice and video recorders on locomotives in Canada
September 20, 2016 by Canadian UnderwriterThe 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…
Doubts being raised over Quebec’s legislation regulating Airbnb-type rentals
September 19, 2016 Ross Marowits - THE CANADIAN PRESSMONTREAL – 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,…
Canada Pension Plan Investment Board to acquire Lloyd’s syndicate Ascot Underwriting for US$1.1 billion
September 16, 2016 by Canadian UnderwriterThe Canada Pension Plan Investment Board (CPPIB) announced on Friday that it has signed an agreement with American International Group (AIG) to acquire 100% of Ascot, AIG’s Lloyd’s platform, for a “total consideration” of US$1.1 billion. The CPPIB said in…