Risk

Cyberattacks, autonomous vessels, Arctic exploration and piracy top risks for shipping industry: Lloyd’s

Cyberattacks, autonomous vessels, Arctic exploration and a return to piracy are the top risks facing the shipping industry, new research from Lloyd’s has found. With insight and input from marine insurance experts across the Lloyd’s market, the world’s specialist insurance market explored the top risks in shipping today, presented in no particular order of priority. […]

By Canadian Underwriter | September 14, 2017

3 min read

‘Safety sensitive position’ should be defined in federal statute: Employment lawyer

Federal labour law should be changed to prohibit employees from entering their workplaces under the influence of marijuana without “medical authorization” and to stipulate what exactly constitutes a “safety sensitive position,” a law firm recommended Thursday to the House of Commons Standing Committee on Health. “The federal and provincial legislatures have failed to pass any […]

By Canadian Underwriter | September 14, 2017

4 min read

Wave of new digital technology confronting most insurance sectors: report

A wave of new digital technology is confronting most insurance sectors and, while disruptive, the insurtech movement presents more technology-related opportunities than witnessed before, according to the 2017 World Insurance Report (WIR). The report, released on Wednesday by Capgemini and Efma, covers 21 insurance markets and features primary customer data, including more than 8,000 insurance […]

By Canadian Underwriter | September 14, 2017

4 min read

Federal privacy commissioner asks Equifax for information on affected Canadians

The Office of the Privacy Commissioner of Canada (OPC) announced on Tuesday that it has “advised Equifax to provide information to affected Canadians as soon as possible” following last week’s data breach that affected an estimated 143 million people in the United States. The Canadian Press reported late last week that credit monitoring company Equifax […]

By Canadian Underwriter | September 13, 2017

2 min read