TECHNOLOGY Potential economic benefit of driverless cars $65 billion annually Automated vehicles (AVs) – or self-driving cars – could be on Canadian roads between 2020 and 2025, with the economic benefits being more than $65 billion annually, reports the Conference…
As Ottawa plans to increase the absolute liability on Canadian nuclear operators from $75 million to $1 billion, the association writing most of the coverage for operators is looking to deepen the pool by attracting new insurers in anticipation of more required capacity by the end of 2015.
Property and casualty insurers in Canada, as elsewhere, are well-advised to keep and eye out for existing and emerging risks and opportunities. But with challenges ranging from economic factors to new risk surrounding cyber security, how can insurers capitalize on opportunity?
Does the attitude of Canadian businesses create obstacles for innovation? A recent survey by The Conference Board of Canada shows that dealing with the top-rated innovation constraints would help businesses embrace more risk-taking and greater innovative activity.
Data security has always been an issue, but perhaps no more so than today. A recent survey of about 1,500 Canadians clearly shows, however, that awareness of data security lags concern.