The upcoming mandatory requirement to disclose data breaches will help address some of the anxieties that Canadians have about cybersecurity and data protection, and may prescribe some precautions that organizations can take for remediation. What would these precautions look like? Think Ashley Madison, according to Chantal Bernier, a former interim head of the Office of […]
By Jason Contant | April 13, 2018
2 min read
Although mobile apps make it easier to rent rooms, some insurers have probably not considered the risks arising from short-term accommodations, speakers said Tuesday at Swiss Re’s annual breakfast meeting in Toronto. At the same time, they added, it should be fairly easy to insure the risks arising from short-term accommodations. “Think about Airbnb,” Don […]
By Greg Meckbach | April 13, 2018
2 min read
With mandatory breach notification requirements coming into effect on November 1, Canadian businesses will need to focus on two factors to prepare: 1) a risk assessment, and 2) determining the decision makers in the company and a breach response plan. Chantal Bernier, who led the Office of the Privacy Commissioner of Canada for six years […]
By Jason Contant | April 12, 2018
2 min read
NAFTA’s potential collapse is a huge risk for Canadian exporters. In the absence of an insurance solution, risk managers can show their value by planning creative strategies for a trade disaster scenario.
April 3, 2018
2 min read
Canadians are rejecting the notion that personal lines insurance is such a complicated product that consumers are incapable of making their own insurance purchase decisions without the advice of a broker, a digital broker told Canadian Underwriter recently. “I don’t know how a carburetor works, but I can buy a car,” Scott Loong, co-founder and […]
By Jason Contant | April 2, 2018
3 min read
Insurance organizations may be good at protecting their own clients’ data, but can they prove it? “In general, I would say that insurers are good at securing their data,” French Caldwell, a former advisor to the White House on cybersecurity, told Canadian Underwriter in an interview Tuesday. “What they may need to take a look […]
By David Gambrill | March 29, 2018
2 min read
PHOENIX – Video of a fatal pedestrian crash involving a self-driving Uber vehicle that some experts say exposes flaws in autonomous vehicle technology is prompting calls to slow down testing on public roads and renewing concerns about regulatory readiness. The 22-second video shows a woman walking from a darkened area onto a street just before […]
By Jason Contant | March 23, 2018
4 min read
As the cannabis industry transitions from underground to mainstream, licensed cannabis producers, processing facilities and dispensaries will require coverages akin to a myriad of other crop products and processing industries. From a loss control point of view, we need to focus less on the type of vegetation and more on the environments, processes, and ancillary […]
March 19, 2018
2 min read
A telematics trial intended to address distracted driving in British Columbia is now underway. Insurance Corporation of British Columbia said March 2 it is “working with 139 drivers” in the province on a pilot project intended to block the use of their handheld devices while driving. The project was originally announced on Nov. 28, 2107. […]
By Greg Meckbach | March 7, 2018
2 min read
VICTORIA – Ride-hailing is on its way to British Columbia after the online services received the unanimous support of an all-party committee of the legislature on Thursday. The committee made 32 recommendations to help pave the way for introducing and regulating ride-hailing. Committee chairwoman Bowinn Ma of the NDP said the recommendations balance the importance […]
By Jason Contant | February 19, 2018
3 min read