Dorian tracking to pack hurricane-force winds when it hits Atlantic Canada
September 5, 2019 by Jason ContantHurricane Dorian will likely pass over Nova Scotia and Prince Edward Island with hurricane force winds, before developing into a post-tropical storm over Newfoundland and Labrador, according to the latest projections from the Canadian Hurricane Centre (CHC). A tropical cyclone…
Don’t be a dumb waiter
September 5, 2019 by Greg Meckbach, Associate EditorIf your organization is involved in any way with serving alcohol, your risk management strategy may need a sober second thought. How to be free and clear of liability
Now that Alberta’s cap is gone, what next?
September 4, 2019 by Greg MeckbachGiving Alberta’s auto insurance regulator discretion in allowing rate increases of over 5% is good news for the industry, but more needs to be done to address claims costs, the Insurance Bureau of Canada warns. In 2017, the province’s regulator…
Tesla Autopilot let driver rely too much on automation: Investigator
September 4, 2019 by Tom Krisher - THE ASSOCIATED PRESSDETROIT – A government investigation has found that a design flaw in Tesla’s Autopilot semi-autonomous driving system and driver inattention combined to cause a Model S electric car to slam into a firetruck parked along a California freeway. The National…
How an engineer failed to spot a major basement water problem
September 3, 2019 by Greg MeckbachThree months after Edward Kent and Teresa Tomsky bought their Edmonton home, they noticed a musty smell in their basement. It turns out a foundation crack, which they were led to believe was minor, was actually quite serious. The foundation…
Flash flooding risk in Maritimes as Storm Erin arrives
August 29, 2019 by THE CANADIAN PRESSHALIFAX – Heavy rain was reported Thursday in parts of the Maritimes as Erin, now a post-tropical weather system, advanced toward the region. Environment Canada issued rainfall warnings for southeastern New Brunswick, parts of western and northern Nova Scotia and…
How Oklahoma opioid ruling could affect Canadian drug liability claims
August 28, 2019 by Laura Kane THE CANADIAN PRESSVANCOUVER – An Oklahoma court ruling that found Johnson & Johnson helped fuel the state’s opioid crisis and ordered the company to pay US$572 million could persuade drug manufacturers to settle a similar lawsuit in British Columbia, legal experts say.…
Why the brewing battle over vehicle data ownership matters to insurers
August 28, 2019 by Adam MalikCollision claims are approaching “a new era” of data collection, intensifying the debate between the insurance industry and vehicle manufacturers over who owns the data. Thanks to the advent of connected vehicles, data generated in these cars provide valuable information…
New ransomware strain results in surge of claims
August 28, 2019 by Jason ContantA new strain of ransomware caught the attention of one cyber insurer after it experienced a surge in claims over the past few months. The Sodinokibi strain first came to the attention of specialist insurer CFC in April. Cyber criminals…
What’s the most dangerous form of driving? What telematics tells us…
August 27, 2019 by Adam MalikWhen it comes to the most dangerous form of aggressive driving, speed stands above the rest as most likely to cause a crash. Research from the University of Waterloo has found that speeding is more likely than hard braking, hard…
Tropical storm to hit Atlantic Canada by Thursday
August 27, 2019 by THE CANADIAN PRESSHALIFAX – Environment Canada is warning residents of the Maritimes to brace for a tropical storm later this week. Tropical storm Erin is expected to form later today off the Carolinas and then track northeastward toward Nova Scotia, where heavy…
You know why the market is hardening – but do your clients?
August 26, 2019 by Adam MalikThanks to premium increases, a byproduct of a hardening insurance cycle, insurance professionals are facing an uphill battle in the eye of public opinion. That’s why Justin Thouin, co-founder and CEO at LowestRates.ca, wants to change how the general public…
CANADIAN UNDERWRITER RESOURCES (PAID CONTENT)
