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Quebec taxi lobby furious with Uber deal; considering legal action, protests

September 9, 2016 The Canadian Press

MONTREAL – Quebec’s taxi lobby called the government’s nascent deal with Uber a betrayal and a humiliation, while Premier Philippe Couillard countered Thursday the one-year pilot project doesn’t pose a threat to the traditional cabbie industry. Taxi drivers blocked traffic

News CatastrophesInsuranceTechnology

Scientists use undersea drones to help predict hurricanes

September 8, 2016 Mark Pratt - THE ASSOCIATED PRESS

BOSTON – As Hermine worked its way up the East Coast, scientists deployed several underwater drones they say will help them better understand what sustains and strengthens hurricanes and tropical storms – and ultimately better protect life and property. The

News InsuranceMergers and AqcuisitionsTechnology

Changes to SGI’s Safe Driver Recognition program take effect in October

September 8, 2016 by Canadian Underwriter

Changes to Saskatchewan Government Insurance’s (SGI) Safe Driver Recognition (SDR) program, which rewards the safest drivers with the biggest discounts and imposes stiffer consequences for high-risk drivers, take effect on Oct. 12. The program was implemented in 2002 to reward

News InsuranceLegalProfessional DevelopmentTechnology

Report details missed opportunities to stop OPM cyber breach

September 7, 2016 Eric Tucker - THE ASSOCIATED PRESS

WASHINGTON – It was time to purge the hacker from the U.S. government’s computers. After secretly monitoring the hacker’s online movements for months, officials worried he was getting too close to critical information and devised a plan, dubbed “the Big

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Symcor announces strategic relationship with Majesco to deliver a cloud-based solution to Canadian insurers

September 7, 2016 by Canadian Underwriter

Symcor Inc., a Canadian provider of business processing and client communications management systems, announced on Wednesday a strategic relationship with Majesco, a global provider of core insurance software, consulting and services for insurance business transformation. The strategic relationship adds Majesco’s

News InsuranceProfessional DevelopmentTechnology

U.S. millennials may not view insurance as “boring” after all: Vertafore

September 6, 2016 by Canadian Underwriter

More than 90% of the millennials in the U.S. taking part in a Vertafore survey say they view the industry as fulfilling for long-term careers that meets important criteria commonly identified as essential for job satisfaction. The finding is at

Feature InsuranceTechnology

Pay Day?

September 5, 2016 Angela Stelmakowich, Editor

Will spinning the ransomware wheel mean boom or bust for businesses and organizations? The malicious software is increasingly being used to test security preparedness. Absent well-conceived, committed and ongoing protection, though, this malware du jour is likely to continue its costly winning streak.

Feature Mergers and AqcuisitionsTechnology

Digital Expectations

September 2, 2016 Chuck Ruzicka, Vice President of Research and Consulting, Novarica

Commercial lines carriers face intense competition. Investing in technology is expected to prove key to retaining and serving clients who are increasingly looking for a true digital experience. Just how are commercial lines insurers preparing to deliver that experience?

Feature Technology

Socially Awkward

September 2, 2016 Angela Stelmakowich, Editor

Being social is all well and good… until it no longer is. Social media is a given today, whether for personal or business use. But along with these in-the-moment interactions comes a bit of risk (sometimes more), including for business

News InsuranceLegalMergers and AqcuisitionsTechnology

ICBC, police and government join forces for month-long distracted driving campaign

September 1, 2016 by Canadian Underwriter

The Insurance Corporation of British Columbia (ICBC), provincial police and the B.C. government are teaming up to launch a month-long campaign to tackle distracted driving, which is responsible for approximately one-quarter of all fatal crashes in the province. ICBC said

News InsuranceLegalMarkets / CoveragesMergers and AqcuisitionsTechnology

‘Intelligent,’ tailored cyber insurance solution launched in Canada

September 1, 2016 by Canadian Underwriter

David Peterson, chairman of business law firm Cassels Brock & Blackwell LLP, and U.S. Governor Tom Ridge, the first U.S. Secretary of Homeland Security and former governor of Pennsylvania, announced on Thursday the launch of Ridge Canada Cyber Solutions, Inc.,

News InsuranceLegalMergers and AqcuisitionsTechnology

Lost or stolen devices account for one-quarter of breaches in U.S. financial services sector: study

September 1, 2016 by Canadian Underwriter

Lost or stolen devices accounted for one in four breaches in the financial services sector in the United States, according to a recent study from Bitglass, a total data protection company based in Campbell, Calif. The Silicon Valley cloud access