BlackBerry QNX self-driving car hits the road in the first Canadian street test
October 13, 2017 Craig Wong - THE CANADIAN PRESSOTTAWA – A BlackBerry QNX-equipped self-driving car hit the road in suburban Ottawa Thursday in what was billed as the first on-street test of an autonomous vehicle in Canada. The grey Lincoln MKZ pulled away with Ottawa Mayor Jim Watson,…
Autonomous vehicles will require a reassessment of liability: RIMS Canada Conference speaker
September 26, 2017 Jason Contant, Online EditorAutonomous vehicle (AV) technology will require a reassessment of liability and the uncertainty surrounding liability may even slow the introduction of AV technology, a speaker suggested on Monday at the RIMS Canada Conference. Jim Kidd, project manager at the City…
79% of U.S. insurance CEOs confident of growth prospects, 82% looking to disrupt: KPMG study
September 15, 2017 by Canadian UnderwriterThe majority of insurance company CEOs in the United States – 79% – are confident about the growth prospects of their organizations over the next three years as they are looking to innovate processes and implement new technologies in response…
Half of Canadians trust self-driving cars, 30% would replace their vehicle: survey
September 15, 2017 The Canadian Press (CPSTF)About half of Canadian consumers surveyed say they trust autonomous vehicles to get them to their destination but only 30 per cent would replace their current vehicle with a self-driving car. Not surprisingly, acceptance of self-driving technology was greatest with…
Hub International acquires Saskatchewan-based Delisle Agencies Ltd.
September 13, 2017 by Canadian UnderwriterJust days after acquiring P&C brokerage Integro (Canada) Ltd., Hub International Limited announced it has acquired Saskatchewan brokerage Delisle Agencies Ltd. Terms of the acquisition were not disclosed. Based in Delisle, Sask., the brokerage specializes in personal lines and government…
Hub International acquires Integro (Canada) Ltd.
September 8, 2017 by Canadian UnderwriterHub International Limited announced on Friday that is has acquired P&C brokerage Integro (Canada) Ltd. Terms of the acquisition were not disclosed, Hub noted in a press release. With offices in British Columbia, Ontario and Quebec, Integro Canada is a…
NFIP losses from Hurricane Harvey estimated to reach US$7-10 billion: RMS
September 5, 2017 by Canadian UnderwriterGross losses accrued in the National Flood Insurance Program (NFIP) from Hurricane Harvey will be between US$7-10 billion, Pete Dailey, vice president of product management with Risk Management Solutions, Inc. (RMS), suggested in a blog posted on Friday. About 40%…
CoreLogic estimates insured flood loss for homes affected by Hurricane Harvey at US$6.5 billion to US$9.5 billion
September 1, 2017 by Canadian UnderwriterInsured flood loss for homes in Texas and Louisiana affected by Hurricane Harvey is estimated to be between US$6.5 billion and US$9.5 billion, according to preliminary loss estimates from CoreLogic. Irvine, Calif.-based CoreLogic, a global property information, analytics and data-enabled…
Magna unveils autonomous driving platform it says “can be integrated into any vehicle”
August 31, 2017 by Canadian UnderwriterMagna International Inc. unveiled on Wednesday an autonomous vehicle platform it says “can be integrated into any vehicle without compromise to vehicle design and styling.” MAX4 is a fully integrated, customizable and scalable autonomous driving sensing and compute platform that can enable up to Level 4 autonomous driving capabilities in both urban and highway environments, Magna said in a press release on Wednesday.
The SAE (Society of Automotive Engineers) International defines Level 4 as “high automation,” where the automated driving system performs all…
Economic losses from Hurricane Harvey could be as high as US$70-90 billion: preliminary RMS estimate
August 31, 2017 by Canadian UnderwriterEconomic losses caused by wind, storm surge and inland flood from Hurricane Harvey could be as high as US$70-90 billion, according to preliminary estimates from Risk Management Solutions, Inc. (RMS). The Newark, Calif.-based global risk modelling and analytics firm said…
55% of poll respondents will not ride in a fully autonomous vehicle, Gartner survey finds
August 26, 2017 by Canadian UnderwriterAn online survey from research and advisory company Gartner, Inc. has found that 55% of polled respondents “will not consider riding in a fully autonomous vehicle.” The Gartner Consumer Trends in Automotive survey polled 1,519 people in the United States…
Fiat Chrysler Automobiles to join BMW, Intel and Mobileye in developing autonomous driving platform
August 18, 2017 by Canadian UnderwriterBMW Group, Intel and Mobileye (an Intel company) announced earlier this week that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing a “world-leading,…