Canadian Underwriter

Keyword
crashes

Driver sleeping in self-driving car
News ClaimsCommercial LinesInsuranceLegalProductsRiskTechnology

When will self-driving tech consistently prevent crashes?

February 17, 2023 Harrison Griffiths and Hannah Van Staveren

One aim of autonomous driving technology is to take the human element out of the driving ecosystem with an eye toward preventing collisions. But right now, autonomous driving technology can’t guarantee it will detect and react to road hazards earlier

News InsuranceMarkets / Coverages

ICBC, government and police launch pedestrian safety campaign

October 11, 2017 by Canadian Underwriter

The Insurance Corporation of British Columbia (ICBC), provincial government and police launched a pedestrian safety campaign on Wednesday. “Alarmingly, a disproportionate number of pedestrian-related crashes and injuries happen in just four months of the year – 43 per cent of

News InsuranceLegalLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

Manitoba Public Insurance and RCMP partner to promote gravel road safety

August 28, 2017 by Canadian Underwriter

Manitoba Public Insurance (MPI) has announced a partnership with the RCMP for a joint public awareness and enforcement campaign specific to gravel roads in the province. The campaign, which began in April and is continuing into the fall, aims to

News InsuranceMarkets / CoveragesTechnology

55% of poll respondents will not ride in a fully autonomous vehicle, Gartner survey finds

August 26, 2017 by Canadian Underwriter

An online survey from research and advisory company Gartner, Inc. has found that 55% of polled respondents “will not consider riding in a fully autonomous vehicle.” The Gartner Consumer Trends in Automotive survey polled 1,519 people in the United States

News Earnings / RatingsInsuranceMergers and Aqcuisitions

ICBC seeks fairness with basic insurance rate discounts

March 6, 2017 by Canadian Underwriter

The Insurance Corporation of British Columbia (ICBC) is looking to reduce pressure on customers who do not cause crashes and increase the accountability of at-fault drivers with proposed changes to basic insurance. “We believe that drivers who cause crashes should

News InsuranceLegislation / RegulationMergers and Aqcuisitions

ICBC board finalizes terms of reference for independent review of insurance rates

January 26, 2017 by Canadian Underwriter

The Insurance Corporation of British Columbia’s (ICBC) Board of Directors (BoD) has finalized the terms of reference for an independent review of the fairness and affordability of basic insurance rates in the province, with the idea being to limit future

News InsuranceMergers and Aqcuisitions

ICBC helps launch pedestrian safety campaign as crashes “spike at this time of year”

October 18, 2016 by Canadian Underwriter

The Insurance Corporation of British Columbia (ICBC) has launched a pedestrian safety campaign with the provincial government and police to urge pedestrians and drivers to stay safe as “crashes involving pedestrians spike at this time of year.” On average, 59

News Earnings / RatingsInsuranceMergers and AqcuisitionsProfessional Development

ICBC asks for 4.9% increase to basic insurance rates, lower than last year’s 5.5% increase

August 26, 2016 by Canadian Underwriter

The Insurance Corporation of British Columbia (ICBC) announced on Thursday that it will submit its 2016 basic rate application to the British Columbia Utilities Commission, asking for a 4.9% increase to basic insurance rates – lower than last year’s 5.5%