Topic Risk Managers
Could smart cities be held liable for driverless car crashes?
September 27, 2018 by Jason ContantFully autonomous vehicles that communicate with other vehicles and city infrastructure will create a brand new exposure for insurers and municipalities. Traditionally, when there is a pedestrian bodily injury claim from a vehicle accident, there is two parties – the…
Air Canada pilots say near-collision a wake-up call on pilot fatigue
September 27, 2018 by Ross Marowits - THE CANADIAN PRESSTORONTO – A near-collision of an Air Canada jet at San Francisco’s airport should be a wake-up call for the federal government to adequately address pilot fatigue for overnight flights, the union representing the airline’s pilots said Wednesday. “I don’t…
Some Canadian police forces question roadside marijuana testing devices
September 26, 2018 by Laura Kane - THE CANADIAN PRESSVANCOUVER – Some Canadian police forces are hesitant to use a federally approved roadside test for marijuana impairment, raising questions about the Liberal government’s decision to give the devices the green light. Vancouver’s police department is among those that won’t…
How cyber risk managers can detect something that does not look right
September 25, 2018 by Greg MeckbachMachine learning – which some brokers use to make chatbots – can also help companies improve cyber risk by flagging abnormal activity. Machine learning is a type of artificial intelligence, which mimics human cognition and activities, such as identifying patterns.…
Cirque du Soleil’s director of risk management receives top honours
September 24, 2018 by David GambrillMichel Rodrigue, Cirque du Soleil’s director of risk management and insurance, has received this year’s Donald M. Stuart award, Canada’s highest honour for risk management. Based in Montreal, Cirque du Soleil is an entertainment company that produces spectacular theatrical shows…
Is technology creating an ‘underwriter in a box’?
September 22, 2018 by Jason ContantWe often hear how the property and casualty insurance industry is slow to adopt technology, but is it possible the industry is actually becoming overly reliant on technology? Yes, said Neil Mitchell, CEO of Player’s Health Cover and former managing…
How commercial insurers are addressing this D&O coverage gap
September 21, 2018 by Greg MeckbachIf your corporate client goes under and occupies polluted land, what happens if individual directors are left on the hook to clean up environmental contamination? This is the subject of “long, complex discussions” that Aon Canada brokers are having with…
How marijuana legalization could impact workplace risk
September 20, 2018 by Greg MeckbachCanadian workplaces are likely to see an increase in marijuana use but the changes resulting from cannabis legalization next month will be “more evolutionary than revolutionary,” suggests a speaker scheduled to address next month’s Insurance Brokers Association of Ontario (IBAO)…
Federal government accelerates phase out of rupture-prone rail tankers
September 19, 2018 by The Canadian PressOTTAWA – The federal government is speeding up the timelines for the removal of rupture-prone tank cars from Canadian railroads. Ottawa has taken steps to phase out certain types of tank cars following the deadly train derailment and explosions in…
Alberta farmers feel effects of B.C. wildfires, late-summer snowfall
September 18, 2018 by Aleksandra Sagan - THE CANADIAN PRESSSome Alberta farmers are concerned about their crops after a late-summer snowfall blanketed parts of the province, with more flurries expected in the forecast. Early season snow can squash crops that grow upright, like wheat and barley, make them harder…
How insurers can tell real online consumers from fake ones
September 17, 2018 by Jason ContantBeing able to quickly identify a “true” customer compared to a synthetic identity created by a cybercriminal can help insurers tailor offerings to the right customers early in the account creation process, a security engineer said Friday. “If you know…
Risk appetite for marijuana ‘all over the map’
September 17, 2018 by Greg MeckbachSome insurance companies “want no part” of covering risks related to cannabis in Canada, an industry analyst warns. As of Oct. 17, it will be legal in Canada for adults to possess up to 30 grams of dried cannabis for…