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Corporate board directors need to be aware of risk of data breaches in light of regulatory guidance on disclosing cyber threats

March 15, 2012 by Canadian Underwriter

U.S. board directors need to be acutely aware of the risk of data breaches at their companies in light of recent regulatory guidance on disclosing cyber threats, according to speakers at a Willis-hosted cyber liability conference in London. The U.S.

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B.C. Supreme Court dismisses house fire insurance claim after 10-year delay

March 15, 2012 by Canadian Underwriter

The B.C. Supreme Court has dismissed a fire insurance case against Lloyd’s Underwriters after a 10-year delay in bringing the claim forward to trial. In Rangi v. Lloyd’s Underwriters, the court on Mar. 9, 2012 upheld Lloyd’s motion to dismiss

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Boyfriend of fatal accident victim creates Facebook page that warns against texting while driving

March 14, 2012 by Canadian Underwriter

The boyfriend of a woman who died in a fatal car accident has created a Facebook page warning of the dangers of texting while driving. Mathieu Fortin created a Facebook page in homage to his girlfriend, Emy Brochu, who died

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Ontario politicians introduce two new auto insurance private members’ bills

March 8, 2012 by Canadian Underwriter

Ontario politicians introduced two new private member’s bills into the legislature on Mar. 7: one would make it easier to report auto insurance fraud, and the other would eliminate the ability of insurers to rate auto insurance based on addresses

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Nova Scotia Court of Appeal confirms province’s subrogated right to claim against an insurer for nursing home costs arising from auto injuries

March 7, 2012 by Canadian Underwriter

Nova Scotia’s Court of Appeal confirmed in a 3-1 majority decision released on Feb. 23 that Nova Scotia’s Department of Health has a subrogated right to claim against an insurer for nursing home costs arising from injuries sustained in a

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SGI teams up with Students Against Drinking and Driving (SADD) to support Driving Awareness Week

March 2, 2012 by Canadian Underwriter

Saskatchewan Government Insurance (SGI) is joining Students Against Drinking and Driving (SADD) Saskatchewan in supporting Impaired Driving Awareness Week, proclaimed by the provincial government for Mar. 5-9, 2012 in Saskatchewan. The annual week, originally proclaimed in 1999, raises awareness of

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British insurers want Solvency II equivalency higher on the agenda

March 2, 2012 by Canadian Underwriter

The Association of British Insurers (ABI) wants to see the issue of non-EU countries’ equivalence with the proposed Solvency II capital regime to be bumped higher up the agenda. “The industry is investing hundreds of millions of pounds to implement

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Borden Ladner Gervais creates national insurance group

March 1, 2012 by Canadian Underwriter

Borden Ladner Gervais LLP has created a national insurance corporate/regulatory group. Crawford Spratt, Jill McCutcheon and Kelly Morris, all insurance law practitioners, have joined the firm. Spratt will serve as the national head of the group, McCutcheon as the group’s

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Preventing distracted driving means targeting distractions as well as drivers

March 1, 2012 by Canadian Underwriter

CORRECTION: Dr. Peter Burns of Transport Canada was incorrectly paraphrased in the original version of this article as saying billboards were a source of concern, when in fact he was speaking about emerging technologies. Also, Robyn Robertson said there were

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Hands-free phones not necessarily much safer than handheld phones while driving

March 1, 2012 by Canadian Underwriter

Canadian legislation is focused on the dangers of using hand-held cell phones while driving, but using hands-free devices while driving may not be that much safer, according to panelists attending the Driven to Distraction conference in Toronto on Mar. 1.

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Regulations required to handle increased Arctic shipping traffic

February 29, 2012 by Canadian Underwriter

Increased shipping traffic through Arctic waters and delays in international governance are putting Canadian waters at risk, the Winnipeg Free Press reported. The International Maritime Organization has delayed its mandatory ‘Polar Code’ for all ships in the Arctic until 2013,

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B.C. Supreme Court awards $75,000 in punitive damages against ICBC for “multiple failings” in accident investigation

February 28, 2012 by Canadian Underwriter

The B.C. Supreme Court has awarded $75,000 in punitive damages against the Insurance Corporation of British Columbia (ICBC), which denied coverage to the plaintiff on the basis of impaired driving allegations even though all criminal charges for impaired driving had