Two-thirds of polled Canadians do not trust self-driving vehicles, but think there are benefits in the future: CAA
April 18, 2016 by Canadian UnderwriterCanadians are wary of driverless cars, with nearly two-thirds saying they would not trust a vehicle to drive itself while they are in it, according to new research released on Monday by the Canadian Automobile Association (CAA). CAA said that…
Ottawa proposes to clarify tax rules on imported reinsurance services
March 28, 2016 by Canadian UnderwriterThe federal government recently announced it intends to “clarify” the rules for calculating sales tax on reinsurance premiums in certain cases. In its 2016-17 budget document, the ruling Liberals propose “to clarify that two specific components of imported reinsurance services,…
Majority of British Columbians oppose fracking, split on liquefied natural gas development: study
March 28, 2016 by Canadian UnderwriterLess than half of British Columbians are supportive of the provincial government’s push for liquefied natural gas (LNG), and only 23% support the process of hydraulic fracturing, according to a poll released on Thursday by Insights West. Results are based…
Future Thinkers
March 22, 2016 byAdjusters ready to take on new claims environment. Change, it seems, is the only constant.
Self-driving vehicles not ready for deployment: Robotics prof
March 16, 2016 Joan Lowy - THE ASSOCIATED PRESSWASHINGTON, D.C. — Self-driving cars are “absolutely not” ready for widespread deployment despite a rush to put them to put them on the road, a robotics expert warned Tuesday. The cars aren’t yet able to handle bad weather, including standing…
Agricultural firms handling fertilizer, pesticides need to assess pollution risk: Chubb
March 11, 2016 by Canadian UnderwriterFarming operations handling fertilizers and pesticides could have “significant gaps” in insurance coverage due to pollution risk, Chubb Ltd. warned in a paper released Friday in the United States. “Typical agricultural policies provide only limited coverage in specific circumstances for…
Nearly two-thirds of Canadians say Uber should have same regulations as taxi industry: Angus Reid survey
February 12, 2016 by Canadian UnderwriterNearly two-thirds (63%) of surveyed Canadians say that Uber should be subjected to the same regulations as the taxi industry, while only one in six (17%) would ban it in their city, according to a public opinion poll conducted by…
Marketplace
February 1, 2016 Canadian UnderwriterTECHNOLOGY Ottawa, Manitoba expanding network of weather stations The federal and Manitoba governments are expanding the province’s network of automated weather stations to provide farmers with more accurate information on rain and snowfall distribution. “Data from these weather stations will…
Emerging Analytics
February 1, 2016 Greg Meckbach, Associate EditorBryan Bedford, 2015 recipient of the CIP Society Emerging Leader Award, suggests that advances in data analytics technology could help insurance providers sell more services.
Nuclear Threat Initiative gives Canada high score on cyber security but much of world’s weapons-grade material ‘still to vulnerable to theft’
January 19, 2016 by Canadian UnderwriterMuch of the world’s enriched uranium and plutonium is “too vulnerable to theft” and a cyber attack on a nuclear facility could “facilitate” either theft of nuclear material or sabotage, the Nuclear Threat Initiative warned in a recent report. “Nearly…
U.S. government proposes US$4 billion investment in connected vehicle systems over 10 years
January 15, 2016 by Canadian UnderwriterThe United States government is proposing nearly US$4 billion over 10 years for pilot programs to test connected vehicle systems in designated corridors throughout the country. U.S. Transportation Secretary Anthony Foxx said in a statement on Thursday that the investment…
Cyber, business interruption among top business risks in 2016 for Canadian respondents: Allianz
January 13, 2016 by Canadian UnderwriterPollution and macroeconomic developments were among the top 10 most important business risks for 2016 identified by Canadian experts surveyed, which did not make the top 10 in 2015. Allianz Global Corporate & Specialty SE announced Wednesday its 5th annual…