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B.C. Green Party leader to re-introduce ridesharing legislation in the fall
August 22, 2017 by Canadian UnderwriterThe leader of the BC Green Party said on Monday that he will re-introduce legislation this fall to enable ridesharing in the province.
Andrew Weaver said in a press release that he has twice introduced the Ridesharing Enabling Act, once in April 2016 and again in February 2017.
“All parties want to see B.C. be a leader in the emerging economy,” Weaver said in the release. “To do so, government must take a proactive, responsive approach that considers the wide ranging impacts of technological innovation. Vancouver is the largest…
Q2 commission, fee growth flat at Willis Towers Watson
August 4, 2017 by Canadian UnderwriterWillis Towers Watson plc reported Thursday its commissions and fees from corporate risk and broking were $624 million during the three months ending June 30, a slight drop from $627 million during the same period in 2016. “North America organic…
17% of secondary rental suites in Ontario, Alberta and B.C. considered illegal: Square One Insurance survey
August 3, 2017 by Canadian UnderwriterSeventeen per cent of rental suites in detached houses in Ontario, Alberta and British Columbia are considered illegal, a new survey from Vancouver-based Square One Insurance Services Inc. has found. The study involved a survey of more than 5,500 homeowners…
Artificial intelligence saw record high investments in Canada in past five years: report
July 26, 2017 by Canadian UnderwriterArtificial Intelligence (AI) attracted US$162 million in investments across 12 deals in the first half of 2017, the highest amount of funding in Canada in the past five years, according to the quarterly MoneyTree Canada Report from PwC Canada and…
Changing climate patterns, nat cats affecting electrical grid, Swiss Re and Johns Hopkins study finds
July 25, 2017 by Canadian UnderwriterChanging climate patterns are putting additional strain on both power generation and transmission, and presenting another risk factor for natural disaster mitigation and recovery in North America’s Pacific Northwest region, suggests a new study from Swiss Re and the Johns…
State of emergency continues as wildfires affect interior B.C.
July 13, 2017 by Canadian UnderwriterMining and wood products are among the industries affected by wildfires in British Columbia’s interior, where a state of emergency is in place. Imperial Metals Corp. announced Wednesday that an open pit copper/gold mine 56 kilometres northeast of Williams Lake…
Vancouver mobile app development company launches pilot program to protect Canadians from distracted driving
July 12, 2017 by Canadian UnderwritereBrake Technologies Inc., a mobile app development company founded in Vancouver in June 2016, announced on Wednesday a pilot program that will offer a smartphone app designed to prevent distracted driving. The pilot program will offer smartphone app eBrake to…
SGI pursues legal action against two liquor establishments following four impaired driving deaths
July 6, 2017 by Canadian UnderwriterSaskatchewan Government Insurance (SGI) announced on Thursday that it has pursued legal action for the first time against two liquor establishments in connection with an impaired driving case that claimed a family of four in January 2016. SGI said in…
CEP Forensic and Sintra Engineering merge to create “Canada’s largest forensic engineering firm”
July 4, 2017 by Canadian UnderwriterCEP Forensic Inc. and Sintra Engineering Inc., eastern and western Canadian forensic engineering providers, have announced a merger to create what they are calling the country’s largest forensic engineering firm. The newly created entity, CEP-Sintra, will have close to one…
Gore Mutual Insurance Company to acquire Howard Noble Insurance Limited
June 29, 2017 by Canadian UnderwriterGore Mutual Insurance Company announced on Wednesday that is has agreed to acquire Howard Noble Insurance Limited, a regional broker in Georgian Bay and Simcoe County in Ontario. Gore Mutual CEO Heidi Sevcik noted in a press release that Noble…
Investment income doubles for Canadian P&C industry: MSA
June 27, 2017 by Canadian UnderwriterThe Canadian property and casualty insurance industry had essentially no underwriting income during the first three months of the year but Q1 net investment income more than doubled year over year, figures from a report from MSA Research Inc. suggest.…
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…