Legal / Regulation

Federal bill aims to address ‘regulatory challenges’ of disruptive vehicle technologies

Legislation under consideration by the House of Commons “would increase the flexibility” of federal law to address automated and connected technologies used in vehicles, a member of parliament suggested Wednesday. “Shifts in the global technology landscape are placing a growing reliance on vehicle safety innovation while transforming business practices and consumer demands,” said Brenda Shanahan, […]

By Canadian Underwriter | September 22, 2017

4 min read

78% of polled Canadians want to see distracted driving tech solution: Aviva Canada

Nearly four in five polled Canadians (78%) in Newfoundland and Labrador, Ontario and Alberta said they want to see a technology solution that would stop distracted driving by disabling texting and other functions while the driver is behind the wheel, a new opinion poll from Aviva Canada has found. Results of the online poll of […]

By Canadian Underwriter | September 21, 2017

3 min read

Global insurers struggle with regulatory and accounting compliance: study

As insurance firms invest in more complex securities, they struggle to manage data and meet regulatory reporting requirements, a newly released study has found. Addressing local regulation and accounting standards is the leading operational challenge when it comes to firms’ expansion strategies, according to the survey, titled 2017 Insurance Asset Management Technology Outlook and released […]

By Canadian Underwriter | September 11, 2017

3 min read

Equifax says U.S.-focused theft of data touched ‘certain’ Canadian residents

TORONTO – Credit monitoring company Equifax says that it will work with regulators in Canada and the United Kingdom to determine the appropriate steps following a lapse in cyber security that’s affecting about 143 million people in the United States. Equifax said it has identified unauthorized access to limited personal information for certain Canadian and […]

By Jason Contant | September 8, 2017

1 min read