Tech

Quebec financial services regulator urges caution over peer-to-peer risk sharing platforms

Quebec’s financial services regulator is urging caution following the “recent emergence of peer-to-peer risk sharing platforms.” The Autorité des marchés financiers (AMF) said in a press release on Tuesday that it has noticed that companies are offering consumers platforms where they can form pools to protect similar property without using an insurer. “Consumers are asked […]

By Canadian Underwriter | April 20, 2016

2 min read

Drone collision with jet highlights growing aviation danger

LONDON – A collision between a British Airways passenger jet and a drone over London has left the plane undamaged but the aviation industry deeply shaken. British police and air accident authorities were investigating Sunday’s incident, in which an Airbus A320 carrying 137 people struck an object believed to be a drone at a height […]

By Jason Contant | April 18, 2016

4 min read

Two-thirds of polled Canadians do not trust self-driving vehicles, but think there are benefits in the future: CAA

Canadians are wary of driverless cars, with nearly two-thirds saying they would not trust a vehicle to drive itself while they are in it, according to new research released on Monday by the Canadian Automobile Association (CAA). CAA said that 63% of Canadians polled indicated that they would not trust a vehicle to drive itself […]

By Canadian Underwriter | April 18, 2016

2 min read

GM to recall over 1 million pickups, most in U.S. and Canada, to fix seat belts

DETROIT – General Motors is recalling more than a million Chevrolet Silverado and GMC Sierra pickup trucks worldwide because the seat belts may not hold the driver in a crash. Most of the trucks were sold in the U.S. and Canada, but some are in Latin America and the Middle East. The company, which announced […]

By Jason Contant | April 18, 2016

2 min read