Canadian Underwriter

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Technology


News InsuranceTechnology

Fairfax Financial consortium signs US$4.7 billion deal to buy BlackBerry

September 23, 2013 The Canadian Press

TORONTO – BlackBerry Ltd. has signed a deal to be bought by a consortium led by its largest shareholder in a deal valued at U$4.7 billion, the companies announced Monday. The consortium led by Fairfax Financial Holdings. Ltd., a Canadian

Feature Technology

Down the Pipe

August 1, 2013 Greg Meckbach, Associate Editor

Canadian-based pipeline operators have several projects under regulatory review on both sides of the border, activity that is not without criticism, especially related to the potential for spills. Insurance officials say pipelines are safer than rail transport, but acknowledge that strikes from vehicles and landslides, fines and historical contamination still present risks for carriers that cover pipeline companies.

Greg Horn, Vice President, Industry Relations, Mitchell International
Feature Mergers and AqcuisitionsTechnology

No Drive-by Trend

May 1, 2012 Greg Horn, Vice President, Industry Relations, Mitchell International

The insurance industry should keep an eye on trends in accident avoidance technology, because the safety features are here to stay.

News Climate ChangeInsuranceMergers and AqcuisitionsTechnology

SGI cancels “green” rebate for fuel-efficient vehicles

April 25, 2012 by Canadian Underwriter

Saskatchewan motorists who drive environmentally friendly vehicles will no longer be receiving a provincial rebate. Saskatchewan Government Insurance (SGI) has cancelled the break on auto insurance for hybrid and fuel-efficient vehicles, first launched in 2008. SGI’s decision attracted some criticism

News InsuranceMergers and AqcuisitionsTechnology

Getting rid of distractions by getting rid of the drivers

March 12, 2012 by Canadian Underwriter

One way to prevent distracted driving is to take the drivers out of the equation and have the cars drive themselves, as noted in bloggers’ posts on Mashable.com. And while this may seem like a technologist’s utopian fantasy, Nevada’s Legislative

News InsuranceMergers and AqcuisitionsTechnology

Repairs for hybrid vehicles cost more than repairs for non-hybrids

August 9, 2010 by Canadian Underwriter

Claims costs are higher for hybrid cars and SUVs than for non-hybrids, according to Mitchell International. In its Quarterly Feature of the Mitchell Industry Trends Report, Mitchell International says hybrids have higher collision claims frequencies and severity than non-hybrids.Overall, hybrids

News InsuranceTechnology

What’s New: In Brief (July 22, 2009)

July 22, 2009 by Canadian Underwriter

Two entities of the Totten Group within Quebec — the Groupe Gestionnaire d’Assurances Totten Ltee, and Norac Totten Gestionnaire d’Assurances Ltee — have been merged into one operation going forward.Gino Vaisica will become vice president of the Quebec Region for