Canadian Underwriter

Keyword
risk management


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B.C. government providing $15.52 million for flood mitigation in Surrey

July 7, 2016 by Canadian Underwriter

British Columbia is committing $15.52 million in funding for two flood mitigation projects in Surrey that will protect thousands of homes, landmark institutions and business and industries employing thousands of people. The funding will be used for the two dike

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Aon supports Alberta’s move to give the green light to ridesharing insurance

July 6, 2016 by Canadian Underwriter

Aon Risk Solutions is offering tailor-made personal line insurance policies that recognize ridesharing to the hundreds of Uber drivers who require coverage in Alberta. There are no restrictions related to driver age, years licensed or the amount of weekly ridesharing

News AssociationsCatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

XL Catlin sponsors deep ocean survey to better understand climate change impacts

July 6, 2016 by Canadian Underwriter

XL Catlin will sponsor a new scientific survey to research the deep ocean, information from which will hopefully shed light on the potential impact of climate change and the risks that businesses, society and ecosystems will face in future. The

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Most polled Canadian drivers regard themselves as polite drivers, although that is not the view of fellow motorists

July 5, 2016 by Canadian Underwriter

Almost everyone behind the wheel may consider themselves to be polite drivers, but that does not mean they have the same perception of fellow motorists sharing the road, suggest new survey findings issued Tuesday by Kanetix.ca. The survey found 98%

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Just 47% of corporations have cyber security strategy to combat employee blackmail, bribes to gain access to corporate information: report

July 5, 2016 by Canadian Underwriter

The lion’s share of surveyed IT decision-makers at large multinational corporations may be aware that employees are being employed to gain access to information, but about half of respondents do not have a cyber security strategy to prevent such behaviour.

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Flood Risk Canada launches digital platform to help make flood zone determinations

June 30, 2016 by Canadian Underwriter

Flood Risk Canada, Inc. Wednesday announced the availability of a new digital platform that seeks to provide accurate and fast flood zone determinations for the properties in Canada. The launch of www.floodzone.ca is meant to help meet the need for

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Malware an increasingly efficient, effective way to perpetrate data breaches

June 28, 2016 by Angela Stelmakowich

Everything is going automatic – and those looking to perpetrate data breaches with malware are no different – emphasizing the need for individuals and organizations to be better prepared to keep the cyber door closed to potential threats. With the

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Cyber security enters U.S. manufacturers’ Top 10 risks: BDO

June 22, 2016 by Canadian Underwriter

Cyber security now ranks among the Top 10 risk factors of manufacturers south of the border, notes a report issued Tuesday by accounting and consulting organization BDO USA, LLP. The lion’s share of manufacturers in the United States analyzed in

News Catastrophes

Flooding in B.C.’s Peace Region closes provincial highway

June 17, 2016 by Canadian Underwriter

Flooding in British Columbia’s Peace Region is affecting provincial highways, resulting in the closure of Highway 97 between McKenzie Junction and Chetwynd and at Rolla Road between Highway 49 and Highway 2. An information bulletin issued Thursday afternoon by B.C.’s

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Data breaches detection, escalation costs highest in Canada: global IBM/Ponemon report

June 16, 2016 by Canadian Underwriter

Detection and escalation costs related to data breaches were the highest in Canada and lowest in India, note findings of a new global survey released Wednesday. “The average detection and escalation costs for Canada was US$1.60. In contrast, the average

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Shift in terrorist tactics, targets in the West demands change in attitude

June 10, 2016 by Angela Stelmakowich

A shift in terrorist tactics and targets in Western countries may come down to efficiency – from the perspective of terrorists – but should encourage governments and businesses to enhance security in busy public places, suggests Andrew Majoran, lead terrorism

Businessman hand touching SUPPLY CHAIN sign on virtual screen
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Practical drift an invisible, potentially catastrophic threat to supply chain

June 9, 2016 by Angela Stelmakowich

One of the biggest threats to a company’s supply chain cannot even been seen, but surely will be felt should it take hold, Nexbridge Inc.’s Randall Becker suggested Wednesday during the World Conference on Disaster Management in Toronto. Practical drift,