British Columbia’s Ministry of Transportation and Infrastructure announced on Friday that it will use a heavy-lift helicopter to clear cables on the Alex Fraser bridge of ice and snow. Over the past couple of weeks, chunks of ice were reported…
The personal automobile insurance industry in the United States is exhibiting signs of weakening underwriting and operating results, mainly driven by rising loss ratios, according to a new A.M. Best special report. A.M. Best reached this conclusion in its report,…
The private cyber insurance market in the United States is capable of managing most risks, according to a new policy study from Washington, D.C.-based think tank R Street Institute. Released on Thursday, the study from R Street senior fellow Ian…
Experts with New York City-based cloud security platform Avanan reported on Wednesday that they have discovered a new cyberattack targeting business email users of Microsoft’s Office 365. Avanan said in a blog post that the phishing attack was found using…
SAN FRANCISCO – Uber is riding its self-driving cars into a legal showdown with California regulators. The ride-hailing company is refusing to obey demands by the state’s Department of Motor Vehicles that it immediately stop picking up San Francisco passengers…
SAN FRANCISCO – Yahoo has discovered a 3-year-old security breach that enabled a hacker to compromise more than 1 billion user accounts, breaking the company’s own humiliating record for the biggest security breach in history. The digital heist disclosed Wednesday…
The blockchain for enterprise applications market will reach US$19.9 billion by 2025, according to market intelligence firm Tractica. The Blockchain for Enterprise Applications report, released on Wednesday, said that annual revenue for enterprise applications of blockchain will increase from US$2.5…
WASHINGTON – All new cars and light trucks would be able to talk wirelessly with each other, with traffic lights and with other roadway infrastructure under a proposal released Tuesday by the Department of Transportation. Officials say the technology holds…
Fintech platform revenues derived from supporting the insurance industry will reach almost US$235 billion globally by 2021, up 34% year-over-year from an estimated US$175 billion this year, according to new findings from Basingstoke, England-based Juniper Research. The research company said…
Chubb announced on Tuesday that it has introduced Cyber COPE, a new model for underwriting cyber insurance that is intended to simplify and improve the assessment of both cyber and privacy risks. Authored by Ross Cohen, director of cyber/privacy services…
Emergency Management BC (EMBC) announced on Friday its endorsement of a one-year pilot project for the use of unmanned aerial vehicles (UAVs or drones) by search and rescue crews in Coquitlam and Kamloops. Minister of State for Emergency Preparedness Naomi…
Data breaches involving personal and health-related information are a “huge risk for those in the insurance industry” given that the shelf-life of the data likely runs as long as the affected individual remains alive, Kevvie Fowler, national leader of cyber…