Topic
Technology
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…
Alberta appoints task force to help province transition to lower-carbon economy
September 20, 2016 by Canadian UnderwriterThe Alberta government announced on Monday that it has appointed a task force to provide recommendations on targeting investments in climate technology to help transition to a lower-carbon economy. As part of Alberta’s Climate Leadership Plan, the government will phase…
Insurers have untapped opportunity to transform into solutions providers, not just sellers: consumers
September 20, 2016 by Canadian UnderwriterAlmost three-quarters of consumers taking part in a Bain & Company Inc. survey say they would value a platform for providing services well beyond insurance coverage, opening the door for insurers to transform themselves from just sellers into solutions providers.…
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,…
Sonnet adds personal auto to digital platform
September 19, 2016 by Canadian UnderwriterEconomical Insurance’s new online direct channel, Sonnet, announced on Monday that it has added personal auto to its digital platform. Sonnet originally went live on May 9, offering personal home insurance, including homeowner tenant, condo and landlord insurance. Sonnet said…
Two-thirds of U.K. polled firms not assessing financial impact of a cyber attack: Marsh
September 19, 2016 by Canadian UnderwriterAlmost two-thirds of surveyed large and medium-sized organizations in the United Kingdom do not conduct or estimate the financial impact of a cyber attack, notes a new report issued Monday by Marsh. Despite a 56% rise in boardroom ownership of…
Kaspersky researchers find multiple “smart” components of modern cities vulnerable to cyberattacks
September 16, 2016 by Canadian UnderwriterResearchers from cybersecurity company Kaspersky Lab said on Thursday that they have found vulnerabilities and security deficiencies in digital kiosks, interactive terminals and speed cameras that make them susceptible to cyberattacks. Modern cities are complicated ecosystems made up of hundreds…
XL Catlin enhances professional liability insurance policy form for design professionals
September 16, 2016 by Canadian UnderwriterAddressing the changing professional liability insurance needs of architects, engineers and other design professionals is at the heart of XL Catlin’s enhancements to its Design Professional insurance policy form. One rapid change in the design professional industry reflected in the…
Fifth of surveyed U.S. businesses have not done any recent security testing for vulnerabilities
September 15, 2016 by Canadian UnderwriterAbout a fifth of surveyed businesses south of the border admit not having done any security testing for at least six months despite the lion’s share of respondents also reporting their organizations have encountered at least one security issue, notes…
Worldwide public cloud services market to grow 17% to US$208.6 billion in 2016: Gartner
September 15, 2016 by Canadian UnderwriterThe worldwide public cloud services market is projected to grow 17.2% in 2016 to total US$208.6 billion, up from US$178 billion in 2015, according to Gartner, Inc., a Stamford, Conn.-based information technology research and advisory company. Gartner said in a…
Oilsands carbon capture and storage project reaches one-year milestone
September 14, 2016 by Canadian UnderwriterShell Canada has announced that the Quest carbon capture and storage (CCS) project has captured and stored one million tonnes of carbon dioxide (CO2) underground “ahead of schedule” in its first year of operation. Quest is the first CCS project…
Ontario court rules against rental car firm in ordering hearing-impaired driver be examined for discovery by video conference
September 14, 2016 by Canadian UnderwriterAn Ontario court has denied a request from a London, England resident – and the firm from whom he rented a car in Canada – to be examined for discovery in person in Britain. Court records indicate that a vehicle…