Keyword
penalties
Make sure your talent recruiter is licensed — or else!
October 25, 2023 by David GambrillIf your Ontario P&C business is using a recruiter or temporary staffing organization to find talent, make sure they’re licensed as of Jan. 1, 2024. Otherwise, you may be subject to a hefty fine in the New Year. As of…
Ontario to introduce zero tolerance legislation for drug-impaired driving
September 18, 2017 by Canadian UnderwriterThe province of Ontario announced on Monday morning that it will introduce legislation this fall that will include zero tolerance for drug-impaired driving for several classes of motorists. Premier Kathleen Wynne and Minister of Transportation Steven Del Duca announced the…
Proposed model law could beef up U.S. insurers’ cyber risk management
August 17, 2017 by Canadian UnderwriterNew cyber-related obligations being proposed south of the border, if approved, could promote more rigorous cyber risk management practices in the U.S. insurance market, Fitch Ratings suggests. The CyberSecurity Working Group of the National Association of Insurance Commissioners (NAIC) has…
Economical launches data breach coverage for Canadian businesses
August 2, 2017 by Canadian UnderwriterWaterloo, Ont.-based Economical Insurance announced on Wednesday that it has launched EXPERT Cyber, coverage that is available to commercial policies for Canadian businesses in the event of a data breach. “Cybersecurity is a growing area of concern for businesses of…
Alberta advisory group recommends penalties for heavy oilsands emitters if cap hit
June 19, 2017 Ian Bickis - THE CANADIAN PRESSCALGARY – Oilsands producers could face steep fines and suspended projects if industry comes close to hitting a mandated 100-megatonne limit under recommendations proposed by Alberta’s Oil Sands Advisory Group. But the non-binding report sets out a series of policies…
ENCON Group announces standalone cyber policy for Canadian companies
June 16, 2017 by Canadian UnderwriterCanadian managing general agent (MGA) ENCON Group Inc. announced on Thursday the introduction of a standalone cyber insurance policy that provides coverage for network business interruption, ecommerce trading exposure, crime and intellectual property risks. Ottawa-based ENCON Group said in a…
Gore Mutual launches cyber and data breach product for Canadian small businesses
June 9, 2017 by Canadian UnderwriterGore Mutual Insurance Company has announced a cyber and data response product for Canadian small businesses as well as a partnership with a global home automation company to provide flood sensors to select commercial and personal customers. Gore Mutual announced…
Enhancements to Alberta wildfire regulations take effect
April 4, 2017 by Canadian UnderwriterNew wildfire protection regulations have taken effect in Alberta. The enhancements to the Forest and Prairie Protection Act regulations took effect on March 31, Alberta Agriculture and Forestry noted in a press release issued last week. The enhancements include: new…
Bill proposing increase in careless driving fines to be tabled soon in Ontario
March 30, 2017 by Canadian UnderwriterA bill proposing a minimum $2,000 fine, under Ontario’s Highway Traffic Act, for careless driving causing death or bodily harm, will be re-introduced in the legislature, a Hamilton-area MPP said Thursday. Bill 213, An Act to amend the Highway Traffic…
Takata pleads guilty in air bag scandal, agrees to pay $1B
February 28, 2017 Tom Krisher and Ed White - THE ASSOCIATED PRESSDETROIT – Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S. The…
SGI records more than 350 impaired driving offences in Saskatchewan in December
January 23, 2017 by Canadian UnderwriterSaskatchewan Government Insurance (SGI) reported on Monday that there were 353 offences related to impaired driving in the province in December, compared to 308 in December 2015. “Too many people still made the poor decision to drive after drinking in…
Alberta government introduces bill aimed at reducing human-caused wildfires and enhancing firefighting operations
November 1, 2016 by Canadian UnderwriterThe government of Alberta announced on Monday that it has tabled a bill introducing measures aimed at reducing the number of wildfires caused by humans and enhancing firefighting operations in the province. Bill 24, the Forest and Prairie Protection Amendment…