Legal / Regulation

Regulatory Reform

Insurance regulatory frameworks are becoming disrupted as new technologies and the rise of social media are changing the way insurance is bought and sold.

October 26, 2017

2 min read

B.C. Green Party introduces ridesharing legislation for the third time

Andrew Weaver, the leader of the B.C. Green Party, has introduced his Ridesharing Enabling Act for the third time. Weaver previously introduced the bill twice under the previous B.C. Liberal government. The bill has been modified from previous versions to enable the Insurance Corporation of British Columbia to develop an insurance regime for ride-hailing, as […]

By Canadian Underwriter | October 23, 2017

4 min read

Known risks and new technology such as Hyperloop can pose challenges: Munich Re

The combination of known risks with a new technology is challenging, Christian Höft, client manager with Munich Re, told Canadian Underwriter one day after the (re)insurer released a comprehensive risk analysis of the Hyperloop technology. Hyperloop Transportation Technologies’ (HTT) technology is a new form of transport which sees passengers and goods being transported in capsules […]

By Jason Contant | October 18, 2017

3 min read

B.C. government hires industry expert to help prepare taxi industry for ridesharing

The government of British Columbia announced on Monday that it has hired an industry expert to consult with and help prepare the taxi industry for a “made-in-B.C.” solution to ridesharing. Transportation and Infrastructure Minister Claire Trevena said in a press release that the provincial government has hired industry expert Dan Hara of Ottawa-based Hara Associates. […]

By Canadian Underwriter | October 17, 2017

4 min read