Topic
Technology
Ford recalls 570K vehicles in North America and Europe for fire risk, door latch trouble
March 29, 2017 Tom Krisher - THE ASSOCIATED PRESSDETROIT – Ford is recalling more than 570,000 vehicles in North America and Europe to fix separate problems that can cause engine fires and doors to fly open unexpectedly. The recalls will hit the company’s bottom line in the first…
Almost 40% of industrial computers worldwide faced a cyberattack in the second half of 2016: Kaspersky
March 29, 2017 by Canadian UnderwriterTwo in five computers around the globe related to the technological infrastructure of industrial enterprises faced cyberattacks in the second half of 2016, according to cybersecurity company Kaspersky Lab. Research from Kaspersky released on Tuesday showed that the percentage of…
Canadian executives investing in tech skills training, but still struggle to keep up with technology change: PwC Canada
March 29, 2017 by Canadian UnderwriterPolled Canadian organizations are struggling to keep up with constant technology change despite executives viewing digital strategy, cyber security and data analytics as quite or highly important skills to their businesses, notes a new report issued Wednesday by PricewaterhouseCoopers (PwC)…
Government of British Columbia invests in tsunami, earthquake warning systems
March 28, 2017 by Canadian UnderwriterThe government of British Columbia has announced $550,000 in funding for increased capability for tsunami warnings and the potential to provide earthquake early warnings. British Columbia’s Ministry of Transportation and Infrastructure said in a statement on Tuesday that the $550,000…
Six in 10 U.S. drivers think self-driving cars will eliminate problem of distracted driving: poll
March 28, 2017 by Canadian UnderwriterAlmost six in 10 drivers in the United States think that self-driving cars will eliminate the problem of distracted driving, according to a new poll conducted on behalf of Erie, Penn.-based Erie Insurance. The online survey by Harris Poll, released…
Chubb to provide complimentary identity management services to Canadian personal lines customers
March 28, 2017 by Canadian UnderwriterChubb has announced a partnership with identity management and data theft service experts CyberScout to offer a fully complimentary array of identity management services to all Masterpiece homeowners in Canada. Chubb said in a press release that Cyberscout services provide…
The Guarantee launches two new water endorsements
March 28, 2017 by Canadian UnderwriterThe Guarantee Company of North America has announced two water endorsements, which came into effect on Monday for new businesses and on May 23 for renewals. The GUARANTEE GOLD H2O+ and Guarantee SUPERIOR H2O+ endorsements are comprehensive, read-in coverage that…
Uber resumes self-driving car program after brief suspension
March 27, 2017 The Associated PressNEW YORK – Uber says it is resuming its self-driving car program in Arizona and Pittsburgh after it was suspended following a crash over the weekend. The company had also grounded self-driving cars in San Francisco over the weekend but…
Canadians believe businesses working to protect personal information, but cybersecurity concerns linger: fraud survey
March 27, 2017 by Canadian UnderwriterThere is a sharp drop in the number of Canadians expressing concern about identity theft this year compared to last year, and Canadian businesses are working to protect personal information of customers, a new survey conducted for the Chartered Professional…
Toronto Transit Commission probes potential future use of automated vehicles
March 24, 2017 by Canadian UnderwriterThe Toronto Transit Commission (TTC) is recommending to its board that staff continue to monitor the technological and legislative progress of automated vehicles (AVs) and report back with a recommendation for potential future use of AVs at the transit agency.…
Organizations considering standalone cyber coverage should evaluate risk profile to see if traditional policies are adequate: RIMS
March 24, 2017 by Canadian UnderwriterOrganizations considering standalone cyber coverage should carefully evaluate their risk profile and determine whether more traditional policies provide adequate coverage, suggests a newly released report from RIMS, the risk management society. The report, authored by Teri Cotton Santos, a member…
Ottawa promises funding to address risk of food contaminated by listeria, artificial intelligence research
March 24, 2017 by Canadian UnderwriterThe federal government is proposing to spend $125 million on a “strategy” for artificial intelligence, to be administered by the Canadian Institute for Advanced Research (CIFAR). “From smartphone applications that can understand human speech to self-driving cars, artificial intelligence is…