Industry

Ontario introducing harsher penalties for speeding, stunt driving

TORONTO – Ontario plans to increase penalties for speeding, stunt driving and other traffic violations, saying it has seen a spike in the offences since the pandemic hit. The government introduced legislation Monday that would, among other things, increase vehicle impoundment times and lengthen licence suspensions. Transportation Minister Caroline Mulroney said the Moving Ontarians More […]

By Jason Contant | April 27, 2021

2 min read

P&C leaders want you to take your breaks, big and small

Take your vacations. Block out time to take breaks during the day. Get away from the computer. That’s some of the advice from human resources leaders in the property and casualty insurance industry during a recent webinar panel discussion. Just because you’re working from home doesn’t mean you have to work harder or longer, said […]

By Adam Malik | April 26, 2021

4 min read

How far telematics can reach in assessing risk

The use of telematics is expanding beyond traditional vehicles and tracking methods to increasingly focus on contextual risk, a speaker said Friday at the InsurTech North virtual conference. Traditional telematics devices measure driving behaviours such as speed, time of day on the road, hard braking and other actions of the driver. But data collection has […]

By Jason Contant | April 26, 2021

3 min read

Latest cyberattacks on insurers ‘a wakeup call’ to shore up security

With a new cyberattack focused specifically on the insurance industry, a cyber expert is urging insurance companies need to up their security game in order to protect themselves and their customers. Otherwise, insurers could be on the hook for a major breach, warned Matt Cullina, Sontiq’s head of global insurance business. Sontiq acquired CyberScout at […]

By Adam Malik | April 26, 2021

3 min read