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The impact of legacy systems on AI implementation

March 5, 2019 by Jason Contant

Legacy systems have long been the scourge of the industry and they are one of the things standing in the way of artificial intelligence (AI) implementation, a speaker suggested last week at the Insurance-Canada.ca Technology Conference in Toronto. “There’s a…

News ClaimsLegal

This province seeks insurers’ input on joint and several liability reform

March 5, 2019 by Greg Meckbach

The Ontario government wants to hear from insurance companies on the controversial joint and several liability rule, which some say is unfair to deep pockets defendants. “What we are looking for is consultation with the lawyers, the insurance industry, et…

News InsuranceLegislation / Regulation

Insurer reveals distracted driving punishment statistics

March 5, 2019 by Greg Meckbach

Saskatchewan police impounded 87 vehicles because the driver was distracted, the province’s auto insurer announced. It is illegal in Saskatchewan to hold, view or manipulate an electronic communication device while driving. There is an immediate roadside vehicle impoundment if the…

News InsuranceTechnology

How this city is mitigating autonomous vehicle risk

March 5, 2019 by Ramesh Santanam - THE ASSOCIATED PRESS

PITTSBURGH – Companies testing autonomous vehicles in Pittsburgh will have to immediately report crashes resulting in any injuries as part of new guidelines announced Monday intended to boost public confidence in the testing after a deadly accident in Arizona last…

News BrokersCommercial LinesInsurance

One simple way to reduce the severity of barn fires

March 4, 2019 by Jason Contant

Enhancing building codes to include early detection systems could help generate a faster response in the case of farm fires, said Ken Worsley, who leads Cowan Insurance Group’s national agri-commercial industry practice. Early response systems include things like heat, fire…

News AppointmentsInsuranceProfessional Development

Maurice Tulloch appointed CEO of Aviva plc

March 4, 2019 by Jason Contant

Maurice Tulloch, the former president and CEO of Aviva Canada from 2009-13, has been appointed CEO of the London, U.K.-based Aviva plc, effective Monday. Tulloch joined Aviva in 1992 and was appointed to the board of Aviva plc in June…

News AdjustersInsuranceTechnology

How to save insurers $1.3 billion a year on claims administration

March 4, 2019 by Greg Meckbach

Artificial intelligence will become a “big time saver” for claims adjusters and will eventually allow the industry to save billions a year in costs, one researcher says. For auto claims, insurers are already using AI to make recommendations on whether…

News BrokersMergers and Aqcuisitions

Gallagher to buy Jardine Lloyd Thompson’s aerospace operations

March 4, 2019 by Greg Meckbach

Arthur J. Gallagher & Co. announced Monday it has agreed to buy the global aerospace operations of  Jardine Lloyd Thompson Group plc. If the deal goes through, about 250 JLT employees worldwide would join Gallagher. Monday’s announcement comes six months…

News ClaimsInsurance

Winter storm shuts down schools, disrupts travel in Maritime provinces

March 4, 2019 by The Canadian Press

HALIFAX – Schools and government offices across the Maritimes were closed Monday as a snowstorm swept across the region, the second nasty blast of winter in as many days. A blustery mix of snow, ice pellets and freezing rain enveloped…

News Insurance

Million litres of crude oil released in Manitoba train derailment: TSB

March 1, 2019 by Steve Lambert - THE CANADIAN PRESS

WINNIPEG – Investigators say at least one million litres of petroleum crude oil were released when a freight train derailed last month on a ranch in western Manitoba. The update from the Transportation Safety Board on Friday was the first…

News ClaimsInsurance

This province could see major spring flooding

March 1, 2019 by Jason Contant

Ten years after serious flooding in much of the southern part of Manitoba, there is again a high risk of major spring flooding in the province’s Red River Valley region. “Early forecasting data shows that we expect to see major…

News InsuranceTechnology

Why less is better for digital transformation

March 1, 2019 by Jason Contant

Companies looking to undergo a digital transformation should follow the expression “more is not always better” when it comes to selecting system integrators and vendors, a speaker said Wednesday at the Insurance-Canada.ca Technology Conference in Toronto. During the transformation process,…