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Markets / Coverages
At least 14 people injured after Japan earthquake
November 22, 2016 by Canadian UnderwriterAt least 14 people have been injured by a strong earthquake that struck off Japan’s northeast coast early Tuesday morning, the Associated Press has reported. The earthquake – registering between magnitude 6.9 and 7.4 – struck at about 6 a.m.…
Ontario cap-and-trade won’t limit emissions through 2020: environment watchdog
November 22, 2016 The Canadian PressTORONTO – Ontario’s environmental commissioner says the upcoming cap-and-trade program will not limit the province’s greenhouse gas emissions through to 2020. In a report released today, Dianne Saxe says that after Ontario’s system is linked with California and Quebec’s in…
Biometric systems could lull users into a false sense of security, researchers say
November 21, 2016 Brandon Bailey - THE ASSOCIATED PRESSSAN FRANCISCO – It sounds like a great idea: Forget passwords, and instead lock your phone or computer with your fingerprint. It’s a convenient form of security – though it’s also perhaps not as safe as you’d think. In their…
Liberals set plan to phase out coal by 2030, with flexibility for Nova Scotia
November 21, 2016 The Canadian PressOTTAWA – The Liberal government is moving to phase out the use of coal-fired electricity in Canada by 2030 as part of its overall clean-energy strategy. The goal is to make sure 90 per cent of Canada’s electricity comes from…
BC Wildfire Service interactive map helps distinguish between registered, open burns and wildfires
November 18, 2016 by Canadian UnderwriterThe BC Wildfire Service is making an interactive map that displays details and locations for specific registered fires available on its website. Although wildfires are rare in British Columbia at this time of year, smoke from legal, registered open burns…
Capgemini launches global fintech initiative
November 17, 2016 by Canadian UnderwriterCapgemini has announced that it is launching a global fintech initiative “to fast track fintech engagements with its global financial services clients.” Capgemini – a provider of consulting, technology and outsourcing services – announced the initiative on Wednesday, saying in…
Zurich Insurance announces plans to position itself for future, new profitability targets
November 17, 2016 by Canadian UnderwriterZurich Insurance Group plans to build on customer relationships, simplify the business and significantly reduce costs as part of its renewed focus on increasing business profitability and delivering high-quality earnings over the 2017-2019 period, the global insurer announced Thursday. “In…
Ontario, Quebec and California hold “linked carbon market” meeting at COP22
November 16, 2016 by Canadian UnderwriterThe governments of Ontario, Quebec and California held a tri-lateral meeting on Wednesday to further efforts to reduce greenhouse gas (GHG) emissions while boosting economic growth by linking cap-and-trade programs and expanding carbon markets. Ontario’s Minister of the Environment and…
Claims systems transformation requires rethinking metrics, processes and role of emerging tech: Novarica
November 16, 2016 by Canadian UnderwriterBefore setting out on claims transformation efforts, property and casualty insurers should establish clear strategic goals and success metrics, consider the ways in which the claims process is changing and understand the potential impact of emerging technologies like medical analytics…
Advanced analytics and other emerging technologies revolutionizing public sector agencies: Accenture
November 16, 2016 by Canadian UnderwriterAdvanced analytics and other emerging technologies are revolutionizing the way governments and public service agencies are trying to address citizen demands, helping to overcome persistent challenges such as regulatory compliance, outdated legacy IT infrastructures and organizational cultures, according to a new…
In world of Internet-enabled things, U.S. says security needed
November 16, 2016 Tami Abdollah - THE ASSOCIATED PRESSWASHINGTON – The Obama administration urged tech companies to make millions of devices safe from hacking, underscoring the risks posed by an increasingly bewildering array of internet-connected products permeating daily life, covering everything from fitness trackers to computers in automobiles.…
Province of Manitoba advises that former health department employee inappropriately accessed personal health information
November 16, 2016 by Canadian UnderwriterManitoba Health, Seniors and Active Living (MHSAL) has reported that a former health department employee inappropriately accessed the personal health information of 197 people, including names, addresses and dates of birth. MHSAL said on Monday that an internal investigation revealed…