The Privacy Balance
September 30, 2007 Craig HarrisCanada’s Personal Information Protection and Electronic Documents Act (PIPEDA) has generated a range of reactions from claims adjusters and insurance companies, with some arguing that it’s “business as usual” and others revamping how they fundamentally look at privacy. While many support the principles of the legislation, several point out that ambiguities in its practical application, particularly for claims investigations, will have to be navigated. The balance in the p&c insurance industry is between safeguarding privacy and still being able to conduct business.
Supersport motorcycles lead the pack in death rates and claims costs
September 12, 2007 by Canadian UnderwriterSupersport motorcycles have the highest death rates and worst overall insurance losses among all types of motorcycles, the Insurance Institute for Highway Safety (IIHS) reports. Supersports are built on racing platforms but modified for the highway and sold to consumers,…
Leading the Way
August 1, 2007 Perry Brazeau, Senior Vice President, Manager, Canada Division, FM GlobalGood risk managers will find ways to link their risk management efforts with organizational competitiveness
What’s New: In Brief (July 25, 2007)
July 25, 2007 by Canadian UnderwriterInsured flooding losses in the United Kingdom this summer may yet reach more than 2 billion (Cdn$4.27 billion), less than half of what the regions March 1947 floods would have cost insurers had they happened today 4.5 billion to 6…
Certified Data Exchange
June 1, 2007 Kevin Campbell, President, Policy WorksCertifying the safe and efficient transmission of data between insurers and brokers is now a possibility in a post-CSIO Portal world
Strange Brew: The Trail of the Paisley Snail
June 1, 2007 William BlakeneyIn the classic comedy, Strange Brew, Bob and Doug McKenzie (of SCTV fame) find themselves in crisis when their family unexpectedly runs out of beer on a Saturday night. The brothers are too terrified to tell their father they have…
No More Broken Telephone
June 1, 2007 Alberto MaggiNew HCAI system to provide accurate, comprehensive health claims data by capturing it at the source.
Lloyd’s observes dramatic increase in UK cybercrime
April 9, 2007 by Canadian UnderwriterCybercrime is on the increase in the United Kingdom and elsewhere, and risk managers need to be better prepared to deal with cases of Internet-crime including Internet fraud, junk email or ‘spam’, viruses and hacking, according to Lloyds of London.In…
Data loss a significant global risk, survey finds
April 1, 2007 byOne in three global businesses see loss of data as a significant threat and the key issue to address in operational risk management planning, according to the latest global risk briefing report conducted by the Economist Intelligence Unit (EIU) and…
Global businesses see loss of data as a key risk management threat
April 1, 2007 by Canadian UnderwriterOne in three global businesses see loss of data as a significant threat and a key issue to address in operational risk management planning, according to the latest global risk report conducted by the Economist Intelligence Unit (EIU) and sponsored…
Data loss a significant global risk, survey finds
March 16, 2007 by Canadian UnderwriterOne in three global businesses see loss of data as a significant threat and the key issue to address in operational risk management planning, according to the latest global risk briefing report conducted by the Economist Intelligence Unit (EIU) and…
IBC provides $500,000 for research into building safer homes
February 7, 2007 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) is providing Cdn$500,000 to support a unique facility at the University of Western Ontario called The Insurance Research Lab for Better Homes.Formerly known as the Three Little Pigs project, the facility is a typical…