Keyword
Uber
Soft and hard disruptors will vastly transform Canadian collision industry in next 10 years: CCIF speaker
January 27, 2017 Jason Contant, Online EditorThe 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…
Quebec judge authorizes taxi industry-led class action against Uber
January 25, 2017 The Canadian PressMONTREAL – 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…
Rule-making authority essential for Ontario’s new FSRA: Cooke
January 20, 2017 by Angela StelmakowichEquipping Ontario’s new Financial Services Regulatory Authority (FSRA) with rule-making authority is critically important to ensuring its effectiveness as an independent, flexible and consumer-focused regulator of financial services and pensions, argues George Cooke, chair of the Board of Directors of…
Carpooling apps could reduce traffic 75% in New York City and help with pollution, energy usage: MIT study
January 6, 2017 by Canadian UnderwriterUsing 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…
Uber pulls self-driving cars from California roads
December 22, 2016 Sudhin Thanawala - THE ASSOCIATED PRESSSAN 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…
U.S. personal auto industry showing signs of weakening underwriting and operating ratios: A.M. Best
December 19, 2016 by Canadian UnderwriterThe personal automobile insurance industry in the United States is exhibiting signs of weakening underwriting and operating results, mainly driven by rising loss ratios, according to a new A.M. Best special report. A.M. Best reached this conclusion in its report,…
California, Uber in legal showdown over self-driving cars
December 15, 2016 Justin Pritchard and Michael Liedtke - THE ASSOCIATED PRESSSAN FRANCISCO – Uber is riding its self-driving cars into a legal showdown with California regulators. The ride-hailing company is refusing to obey demands by the state’s Department of Motor Vehicles that it immediately stop picking up San Francisco passengers…
Calgary city council changes rules to accommodate Uber operations
November 29, 2016 The Canadian PressCALGARY – 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…
Insurance industry moving too slowly, must keep pace: Forgeron
October 25, 2016 Angela Stelmakowich, EditorCanada’s property and casualty industry – in need of a regulatory environment that fosters the innovation and responsiveness consumers are demanding – is at risk of losing pace to new competitors, Don Forgeron, president and CEO of Insurance Bureau of…
Tesla equipping cars to drive completely on their own
October 20, 2016 Michael Liedtke - THE ASSOCIATED PRESSSAN FRANCISCO – Tesla Motors is starting to build its electric cars with all the sensors, cameras and other gear needed to drive completely on their own when regulations allow the technology to take over that responsibility. The announcement made…
Brokers are ‘not competition to each other,’ IBAO keynote speaker says
October 19, 2016 Greg Meckbach, Associate EditorInsurance brokers who compete against one another need to change their mindset and work with their competitors to address threats which could disrupt the industry, a speaker suggested Wednesday in Toronto. “If you all think each other are the competition,…
U.S. government previews rules of the road for self-driving cars
September 20, 2016 Joan Lowy and Justin Pritchard - THE ASSOCIATED PRESSWASHINGTON – Obama administration officials previewed long-awaited guidance Monday that attempts to bring self-driving cars to the nation’s roadways safely – without creating so many roadblocks that the technology can’t make it to market quickly. Traditional automakers and tech companies…