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EY polls Canadian oil & gas refinery operators on equipment failure

August 28, 2017 by Canadian Underwriter

Some operators of Canadian oil and gas upgraders and refiners are delaying scheduled maintenance due to budget cuts and there is a heightened risk of equipment failure, especially with valves and pumps, Ernst & Young LLP suggested in a recent

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Canadian farmers turn to specialized forecasting in face of rising extreme weather threat

August 15, 2017 Ian Bickis - THE CANADIAN PRESS

CALGARY – In an industry that lives and dies by the weather, farmers like Dwight Foster are looking for all the help they can get to know what’s coming. “We use every tool in the toolbox we can get our

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AI, “transparently immersive experiences” and digital platforms three megatrends that will allow businesses to survive digitally: Gartner

August 15, 2017 by Canadian Underwriter

Artificial intelligence (AI) everywhere, “transparently immersive experiences” and digital platforms are the three distinct megatrends that will enable businesses to survive and thrive in the digital economy over the next five to 10 years, Gartner, Inc. has reported. The Stamford,

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Allstate Canada expands UBI program Drivewise into Nova Scotia after “great success” in Alberta and Ontario

August 15, 2017 by Canadian Underwriter

The Allstate Insurance Company of Canada announced on Monday that it is expanding its usage-based insurance (UBI) program Drivewise in Nova Scotia “after experiencing great success in the provinces of Alberta and Ontario.” Drivewise rewards those who exhibit safe driving

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Uber launches fleet of mapping vehicles in Vancouver ahead of fall rollout

August 10, 2017 The Canadian Press (CPSTF)

VANCOUVER – A popular ride-hailing company wants to get the lay of the land as it gears up to hit the streets of Metro Vancouver by the end of the year. Uber Canada is launching an urban mapping program this

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Ransomware attacks continue to rise, but accidental data breaches remain a major cause of loss: Beazley

August 1, 2017 by Canadian Underwriter

Ransomware attacks continued their rise in the first half of 2017, up by 50% over the first half of 2016, but accidental breaches continue to be a major problem and account for 30% of breaches overall, specialist insurer Beazley reported

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WestJet reports disclosure of rewards program data from unauthorized third party

July 31, 2017 by Canadian Underwriter

WestJet reported on Friday that it has “become aware that some WestJet Rewards member profile data has been disclosed online by an unauthorized third party.” None of the data contained credit card or banking information, Calgary-based WestJet noted in a

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Lyft forms own autonomous vehicle unit, will open network

July 24, 2017 The Associated Press

DETROIT – Lyft said Friday that it is setting up its own unit to develop autonomous vehicle technology, but its approach will be different from other companies and partnerships working on self-driving cars. The San Francisco-based ride-hailing service said it

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CRU Adjusters teams up with Kespry’s industrial drone platform for adjusting property claims

July 13, 2017 by Canadian Underwriter

CRU Adjusters, an independent adjusting firm specializing in customized claims handling solutions in Canada and the United States, has announced a collaboration with Kespry’s industrial drone platform to power CRU’s drone division for adjusting property claims. The collaboration, after more

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VirtualArmour expands penetration into energy sector cyber protection

July 10, 2017 by Canadian Underwriter

VirtualArmour International Inc. has partnered with a global architectural design and engineering firm that services the energy industry to design new security infrastructure in light of the sector increasingly becoming a target for cyber attacks. Under the terms of a

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Insurance Analytics Canada Summit speaker explains how brokerage caters to ‘need for speed demographic’

July 3, 2017 Greg Meckbach, Associate Editor

There are “all sorts of insights” that an insurance brokerage can get from customer data, but that data needs to be trustworthy, the head of an online commercial insurance brokerage told attendees at a recent conference. “If you don’t have

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Cyber-related disruption as business advantage developing in manufacturing sector: Verizon

June 30, 2017 by Angela Stelmakowich

Manufacturing is witnessing a significant hike in internal cyber threat actors linked to nation state schemes to disrupt operations and allow chosen businesses to gain competitive advantage and market share, David Ostertag, global investigation manager for Verizon’s investigative response unit,