Topic
Technology
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.…
U.S. “quiet car” safety standard to help prevent thousands of pedestrian injuries once fully implemented: NHTSA
November 16, 2016 by Canadian UnderwriterPedestrian protection is the driving force behind a federal “quiet car” safety standard adopted by the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) that will require an audible alert on all newly manufactured light-duty hybrid vehicles (HVs)…
Two customers spearhead class action lawsuit against casino over hacking of private data
November 15, 2016 Colin Perkel - THE CANADIAN PRESSTORONTO – Two gamblers who allege their privacy was breached are spearheading a proposed class action against an Ontario casino whose databases were hacked. In a notice of action, they also alleged Monday that Casino Rama, north of Toronto, unjustly…
Making things fast, simple and transparent important for Millennials: speaker
November 15, 2016 by Angela StelmakowichProviders dealing with Millennials must have a clear value proposition and understand the importance of communicating in a way that is most comfortable for their clients, David Nugent, WealthSimple’s portfolio manager and chief compliance officer, suggested Monday during an event…
Two hurt in mid-flight as Porter Airlines plane evades suspected drone
November 14, 2016 Colin Perkel - THE CANADIAN PRESSTORONTO – Two crew members of a Porter Airlines flight en route from Ottawa to Toronto were slightly injured Monday when a plane was forced to take evasive action to avoid a mid-flight collision with what is suspected to have…
More than half of polled P&C insurers aware of implications and potential of blockchain: Strategy Meets Action
November 11, 2016 by Canadian UnderwriterMore than half of P&C insurers surveyed by insurance strategic advisory firm Strategy Meets Action (SMA) are at least aware of the implications and potential of blockchain in the industry, a new report from the company has found. In particular,…
Ontario’s Casino Rama victim of cyberattack affecting customer, employee and vendor information
November 11, 2016 by Canadian UnderwriterA casino in Ontario announced on Thursday that it “recently became aware that it has been the victim of a cyberattack that resulted in the theft of (past and present) customer, employee and vendor information.” Casino Rama Resort in the…
Half of smart city objectives will include climate change, resilience and sustainability key performance indicators by 2020: Gartner
November 10, 2016 by Canadian UnderwriterBy 2020, half of all smart city objectives will include climate change, resilience and sustainability key performance indicators (KPIs), Gartner, Inc., the Stamford, Conn.-based information technology research and advisory company reported. Cities are defining new objectives and placing them into…
Pembridge Insurance Company and Pafco Insurance Company obtain CSIO certification for Personal Lines eDocs
November 9, 2016 by Canadian UnderwriterThe Centre for Study of Insurance Operations (CSIO) announced on Wednesday that Pembridge Insurance Company and Pafco Insurance Company of Markham, Ont. have both obtained CSIO certification for Personal Lines eDocs. “We are pleased to now offer our brokers access to…
Ontario set to reintroduce photo radar for municipalities
November 9, 2016 by Canadian UnderwriterOntario Premier Kathleen Wynne has announced that she intends to introduce legislation that, if passed, would give municipalities the power to introduce automated speed enforcement (ASE) technology in school and community safety zones. According to a press release issued on…
The Boiler Inspection and Insurance Company of Canada launches new equipment breakdown insurance coverages for small businesses
November 7, 2016 by Canadian UnderwriterThe Boiler Inspection and Insurance Company of Canada (HSB BI&I) has launched a new comprehensive equipment breakdown insurance package – All Systems Go Plus, with new TechAdvantage coverages, designed for small businesses in Canada. Launched last week, the All Systems…
Technology innovation top growth opportunity for (re)insurers in 2017: Guy Carpenter survey
November 7, 2016 by Canadian UnderwriterTechnology innovation will provide the biggest growth opportunities for (re)insurers in the year ahead, according to Guy Carpenter’s annual Market Pulse Survey, released on Monday. Now in its fifth year, the survey polled 107 insurance and reinsurance professionals during the…