Segment
Risk Management
Could smart cities be held liable for driverless car crashes?
September 27, 2018 by Jason ContantFully autonomous vehicles that communicate with other vehicles and city infrastructure will create a brand new exposure for insurers and municipalities. Traditionally, when there is a pedestrian bodily injury claim from a vehicle accident, there is two parties – the…
How this province is limiting the scope of cannabis risk
September 27, 2018 by Jason ContantOntario will soon introduce legislation defining the scope of recreational marijuana use, just weeks before the federal government is scheduled to legalize pot on Oct. 17. The governing Progressive Conservative Party is introducing a tightly-regulated regime in which municipalities will…
Air Canada pilots say near-collision a wake-up call on pilot fatigue
September 27, 2018 Ross Marowits - THE CANADIAN PRESSTORONTO – A near-collision of an Air Canada jet at San Francisco’s airport should be a wake-up call for the federal government to adequately address pilot fatigue for overnight flights, the union representing the airline’s pilots said Wednesday. “I don’t…
Maybe men aren’t such bad multi-taskers after all
September 26, 2018 by Jason ContantDespite popular stereotypes, women are not better multi-taskers than men, suggests a new blog from Harvard Business Review. “We cannot exclude the possibility that there are no sex differences in serial multitasking abilities, but if they exist, such differences are…
Some Canadian police forces question roadside marijuana testing devices
September 26, 2018 Laura Kane - THE CANADIAN PRESSVANCOUVER – Some Canadian police forces are hesitant to use a federally approved roadside test for marijuana impairment, raising questions about the Liberal government’s decision to give the devices the green light. Vancouver’s police department is among those that won’t…
How cyber risk managers can detect something that does not look right
September 25, 2018 by Greg MeckbachMachine learning – which some brokers use to make chatbots – can also help companies improve cyber risk by flagging abnormal activity. Machine learning is a type of artificial intelligence, which mimics human cognition and activities, such as identifying patterns.…
Canadian firms fall behind in adoption of artificial intelligence: Forbes
September 25, 2018 The Canadian PressMONTREAL – A new report says artificial intelligence deployment has not yet been a “real success” for Canadian companies, in spite of the country’s reputation as an AI hotbed. The study from Forbes Insights ranks Canada last out of 10…
Cirque du Soleil’s director of risk management receives top honours
September 24, 2018 by David GambrillMichel Rodrigue, Cirque du Soleil’s director of risk management and insurance, has received this year’s Donald M. Stuart award, Canada’s highest honour for risk management. Based in Montreal, Cirque du Soleil is an entertainment company that produces spectacular theatrical shows…
How blockchain can help fight insurance fraud
September 24, 2018 by Jason ContantBlockchain for insurance has various oft-touted benefits – reduced costs and simpler and faster transactions, among them – but it can also be used to combat fraud, said David Verbeeten, a domain expert in insurance at software company ConsenSys. Verbeeten…
Is technology creating an ‘underwriter in a box’?
September 22, 2018 by Jason ContantWe often hear how the property and casualty insurance industry is slow to adopt technology, but is it possible the industry is actually becoming overly reliant on technology? Yes, said Neil Mitchell, CEO of Player’s Health Cover and former managing…
How commercial insurers are addressing this D&O coverage gap
September 21, 2018 by Greg MeckbachIf your corporate client goes under and occupies polluted land, what happens if individual directors are left on the hook to clean up environmental contamination? This is the subject of “long, complex discussions” that Aon Canada brokers are having with…
Legal pot sales could reach $1 billion in fourth quarter: Statistics Canada
September 21, 2018 The Canadian PressOTTAWA – Statistics Canada forecasts Canadians could spend more than $1 billion on legal cannabis between October and December this year once marijuana for adult use is legalized on Oct. 17. The agency estimates that the amount spent on legal…