Canadian Underwriter

Topic Technology

News Mergers and AqcuisitionsTechnology

8 automakers recall over 12M vehicles for Takata air bags

May 27, 2016 by Tom Krisher - THE ASSOCIATED PRESS

DETROIT – Eight automakers are recalling more than 12 million vehicles in the U.S. to replace potentially dangerous Takata air bag inflators. Documents detailing recalls by Honda, Fiat Chrysler, Toyota, Mazda, Nissan, Subaru, Ferrari and Mitsubishi were posted Friday by

News CatastrophesTechnology

Alberta, Ontario premiers announce MOU on cleantech initiatives

May 27, 2016 by Canadian Underwriter

The Premiers of Alberta and Ontario announced on Thursday a new Memorandum of Understanding (MOU) to accelerate the development of cleantech initiatives. Alberta Premier Rachel Notley and Ontario Premier Kathleen Wynne met in Edmonton on Thursday to discuss new opportunities

News LegalTechnology

Cyber security awareness training critical for businesses, data breaches changing online behaviours

May 27, 2016 by Canadian Underwriter

Employees need to become advocates of cyber security to reduce associated risks and help better protect the businesses for which they work, suggests Joe Ferrara, president and CEO of Pittsburgh-based Wombat Security Technologies. “Security awareness training has become a business-critical

News LegalMergers and AqcuisitionsTechnology

Insurance industry ‘has to be ready’ for automated vehicles: Insurance Institute speaker

May 25, 2016 by Greg Meckbach, Associate Editor

The rollout of fully autonomous vehicles for consumers “is quite a bit further off than we might expect,” and experts need to educate consumers about the limitations of the technology, but insurance providers should get ready over the next five

News CatastrophesTechnology

Internet fragmentation among top emerging risks for the reinsurance industry, society: Swiss Re

May 25, 2016 by Canadian Underwriter

Internet fragmentation is among the top three emerging risks – of the 21 detailed in Swiss Re’s latest SONAR report released Wednesday – with the highest potential impact on the reinsurance industry and society. “Firewalls, special software to filter out

News CatastrophesLegalMergers and AqcuisitionsTechnology

Judge: Substantial progress in Volkswagen emissions talks

May 25, 2016 by Sudhin Thanawala - THE ASSOCIATED PRESS

SAN FRANCISCO – Volkswagen and attorneys for vehicle owners affected by the company’s emissions cheating scandal are on target to meet a June deadline for a final settlement proposal, a federal judge said Tuesday. Senior U.S. District Court Judge Charles

News Technology

Some challenges remain in accessing, using valuable business intelligence data: U.S. survey

May 24, 2016 by Canadian Underwriter

A new survey out of the United States shows wide agreement that business intelligence (BI) data can provide a company with a competitive edge, but ongoing challenges remain about how best to get and use that information. Washington, D.C.-based B2B

News EducationLegalMergers and AqcuisitionsTechnology

Global media and telecom executives rank data protection fines and penalties as top risk to their industries: Willis Towers Watson

May 24, 2016 by Canadian Underwriter

Global media and telecommunication executives both ranked regulatory fines and penalties arising from data protection breaches as the primary risk facing their respective industries, according to new research released on Tuesday by global advisory, broking and solutions company Willis Towers

News LegalMergers and AqcuisitionsTechnology

Young British drivers understand emoji road signs better than real road signs, new poll finds

May 20, 2016 by Canadian Underwriter

Young drivers in Britain understand emoji road signs better than real road signs, new research from MORE TH>N, a trading name of Royal & Sun Alliance Insurance plc (RSA), has found. The research was conducted by OnePoll on behalf of

News LegalMergers and AqcuisitionsTechnology

Designated highway texting zones bill passes second reading in Ontario legislature

May 20, 2016 by Canadian Underwriter

Ontario politicians from all three parties spoke Thursday in favour of an opposition private member’s bill that proposes to allow the transportation minister to “create designated highway texting zones.” Bill 190, the Safe Texting Zones Act, was referred Thursday to

News EducationLegalMergers and AqcuisitionsTechnology

LinkedIn confirms 2012 hack exposed 117M user passwords

May 20, 2016 by The Associated Press

NEW YORK – LinkedIn said Wednesday that a 2012 breach resulted in more than 100 million of its users’ passwords being compromised – vastly more than previously thought. The business social network said that it believes to be true a

News EducationMergers and AqcuisitionsTechnology

North American organizations experiencing slow shift to public cloud: Softchoice study

May 20, 2016 by Canadian Underwriter

Transitioning to public cloud is a slow-moving process for most businesses, according to a new study by Softchoice, a North American IT solutions and managed services provider. Released on Tuesday, the study, titled The State of Cloud Readiness: Transformation and