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Canadian P&C industry to celebrate National Education Month in February

February 1, 2017 by Canadian Underwriter

Canada’s property & casualty industry will celebrate National Education Month in February, showcasing the education and professional development of insurance professionals across the country. The Insurance Institute of Canada (IIC) has expanded its annual National Education Week to a month

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Soft and hard disruptors will vastly transform Canadian collision industry in next 10 years: CCIF speaker

January 27, 2017 Jason Contant, Online Editor

The Canadian collision industry will be “ripped apart beyond belief” in a decade by several disruptors, including connected autonomous vehicles and ridesharing, a speaker suggested Friday at the Canadian Collision Industry Forum (CCIF) meeting in Vaughan, Ont. Andrew King, managing

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Quebec judge authorizes taxi industry-led class action against Uber

January 25, 2017 The Canadian Press

MONTREAL – Taxi companies and drivers across Quebec are claiming a first victory in their battle against Uber after a judge on Monday authorized their class action against the ride-hailing company. The taxi industry is seeking “hundreds of millions” against

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Wider mandate for Ontario’s auto insurance regulator would be welcomed

January 19, 2017 by Angela Stelmakowich

A wide mandate for the body regulating Ontario’s auto insurance sector – one that promotes competition, innovation and responsiveness – would be welcomed, Karin Ots, senior vice president of regulatory and government relations for Aviva Canada, suggested Thursday during a

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Global consumers skeptical about safety of fully autonomous vehicles: Deloitte study

January 18, 2017 by Canadian Underwriter

Consumers around the world remain skeptical about the safety of fully autonomous vehicles and hold widely divergent views on who they trust to bring autonomous vehicles to market, according to a new study from Deloitte. The study, What’s ahead for

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Carpooling apps could reduce traffic 75% in New York City and help with pollution, energy usage: MIT study

January 6, 2017 by Canadian Underwriter

Using carpooling options from companies like Uber and Lyft could reduce the number of vehicles on the road in the New York City by a factor of three without significantly impacting travel time, according to a new study from the

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Uber pulls self-driving cars from California roads

December 22, 2016 Sudhin Thanawala - THE ASSOCIATED PRESS

SAN FRANCISCO – Uber pulled its self-driving cars from California roads after state regulators moved to revoke their registrations, officials said Wednesday. The move comes after a week of talks between the ride-hailing company and state regulators failed. Hours after

News InsuranceMergers and AqcuisitionsTechnology

Northbridge Insurance covering ridesharing service in Waterloo, Ontario area

December 8, 2016 by Canadian Underwriter

Northbridge General Insurance Corporation is writing an auto policy for RideCo, which provides what RideCo calls “personalized, express transit service” in the Kitchener-Waterloo, Ontario area, Northbridge Insurance announced Thursday. “The Northbridge Insurance policy is issued to RideCo, with both RideCo,

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Calgary city council changes rules to accommodate Uber operations

November 29, 2016 The Canadian Press

CALGARY – The ride-hailing service Uber is now free to do business in the City of Calgary. City council has voted to amend its rules, meaning the fee structure for ride sharers would now be scalable and the application process

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IBC applauds Ontario government’s decision to move forward with creation of new financial services regulator

November 15, 2016 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) is applauding the Ontario government’s decision to move forward with the creation of a new financial services regulator. On Monday, the government of Ontario announced in its 2016 Ontario Economic Outlook and Fiscal Review

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Ontario to introduce legislation to establish new Financial Services Regulatory Authority

November 14, 2016 by Canadian Underwriter

The Ontario government has announced that it will introduce legislation to establish the initial parameters for the Financial Services Regulatory Authority (FSRA), “a new independent and flexible regulator of financial services and pensions that, once established, would be more consumer-focused

News Climate ChangeInsuranceTechnology

Half of smart city objectives will include climate change, resilience and sustainability key performance indicators by 2020: Gartner

November 10, 2016 by Canadian Underwriter

By 2020, half of all smart city objectives will include climate change, resilience and sustainability key performance indicators (KPIs), Gartner, Inc., the Stamford, Conn.-based information technology research and advisory company reported. Cities are defining new objectives and placing them into