Canadian Underwriter

Keyword
Pennsylvania

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Intact CEO hopes B.C. is ‘starting to think about introducing more competition’ in auto insurance

August 2, 2017 by Canadian Underwriter

Nine days after Insurance Corporation of British Columbia released a report it commissioned to Ernst & Young LLP on reforming auto insurance, the chief executive officer of Intact Financial Corp. suggested it is “better to have a competitive marketplace” in

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

EY report on reforming B.C. auto points to impending restrictions in Australia on auto accident benefits for minor injuries

July 27, 2017 by Canadian Underwriter

A report released April 11 by the Ontario finance ministry “contains many useful learnings” for British Columbia’s government-run auto insurer, Ernst & Young LLP suggested in a report released July 24. In Affordable and Effective Auto Insurance – a New

News InsuranceLegalMarkets / CoveragesMergers and Aqcuisitions

Insurance Corporation of B.C. financial condition ‘seriously compromised,’ Basic Autoplan needs redesign: EY

July 25, 2017 by Canadian Underwriter

The premiums charged by British Columbia’s government-run monopoly provider of basic auto insurance are “not high enough” to cover claims, the system is not sustainable and the cost of the average minor bodily injury claim has risen well beyond the

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Ontario government ‘taking lessons learned’ from Fukushima nuclear disaster: Lalonde

May 23, 2017 by Canadian Underwriter

Ontario’s community safety and correctional services minister is calling on “everyone interested” to comment on proposed changes to the Provincial Nuclear Emergency Response Plan. The province is home to the world’s largest nuclear operating facility, Bruce Power reports on its

News InsuranceMergers and AqcuisitionsTechnology

The toughest challenge for self-driving cars? Human drivers

May 11, 2017 Tom Krisher - THE ASSOCIATED PRESS

DETROIT – In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robotaxis. A self-driving car would be programmed to drive at the

News InsuranceMarkets / CoveragesTechnology

Uber resumes self-driving car program after brief suspension

March 27, 2017 The Associated Press

NEW YORK – Uber says it is resuming its self-driving car program in Arizona and Pittsburgh after it was suspended following a crash over the weekend. The company had also grounded self-driving cars in San Francisco over the weekend but

News Catastrophes

U.S. northeast winter storm grounds more than 5,000 flights

March 14, 2017 Deepti Hajela - THE ASSOCIATED PRESS

NEW YORK – A storm expected to drop more than a foot of snow pounded the United States Northeast on Tuesday, paralyzing much of the Washington-to-Boston corridor after a remarkably mild February had lulled people into thinking the worst of

News InsuranceLegalTechnology

U.S. prosecutor’s office paid bitcoin ransom in cyberattack

December 6, 2016 Joe Mandak - THE ASSOCIATED PRESS

PITTSBURGH – A state prosecutor’s office in Pennsylvania was among hundreds of thousands of victims of a now-shuttered international cybercrime operation, paying nearly $1,400 in a bitcoin ransom to free up its infected computer network, authorities disclosed Monday. Federal prosecutors

News CatastrophesInsuranceMergers and AqcuisitionsReinsurance

Pennsylvania flooding ruptures pipeline, washes out bridge

October 24, 2016 Megan Trimble And Mark Scolforo - THE ASSOCIATED PRESS

WILLIAMSPORT, Pa. – There has been little impact to the water supply so far from a ruptured pipeline during a freak storm in Pennsylvania that sent nearly 55,000 gallons of gasoline into a creek tributary, officials said Saturday. But authorities