Tech
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
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
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 […]
Insurance providers with a mobile web presence need to ensure their pages load quickly, a Google Inc. executive suggested Thursday to industry professionals in Toronto during the Centre for Study of Insurance Operations (CSIO) annual members’ meeting. “Google is optimizing [Internet search] results based on your site speed,” said Sanjay Gosalia, head of industry, financial […]
By Greg Meckbach | April 15, 2016
HR
SAN DIEGO – It is important for risk managers in the mining sector to understand the most critical scenarios for their companies and to analyze the true impacts of cyber incidents, suggests Günter Becker, head of mining for Munich Re. “The problem for risk managers is the ability to get their arms around such a […]
By Jason Contant | April 12, 2016
SAN DIEGO — Catastrophe modelling firm AIR Worldwide has launched what it calls the first open source deterministic cyber risk scenario, a move meant to help individual companies and the insurance industry as a whole better understand aggregated risk from large-scale cyber attacks. Used in conjunction with the company’s data schema, cyber scenarios “will serve […]
By Canadian Underwriter | April 11, 2016
Total spending on IT infrastructure products for deployment in cloud environments will increased by 18.9% in 2016, according International Data Corporation (IDC), a global provider of market intelligence, advisory services and events for the information technology, telecommunications and consumer technology markets. IDC’s Worldwide Quarterly Cloud IT Infrastructure Tracker, released on Monday, said that IT infrastructure […]
Legal / Regulation
WASHINGTON – Self-driving cars are more likely to hurt than help public safety because of unsolved technical issues, engineers and safety advocates told the government Friday, countering a push by innovators to speed government approval. Even a trade association for automakers cautioned the National Highway Traffic Safety Administration that a slower, more deliberative approach may […]
By Jason Contant | April 11, 2016
SAN DIEGO – Zurich Insurance Group is unveiling a new mobile app this week at the 2016 RIMS Conference and Exhibition which the company reports will enable customers to perform their own on-site risk assessments and use those results to generate practical risk-mitigation actions. Available for iOS and Android mobile devices, as well as online, […]
By Angela Stelmakowich | April 11, 2016
1 min read
Worldwide IT spending is forecast to total US$3.49 trillion in 2016, a decline of just 0.5% over 2015 spending of US$3.5 trillion, according to information technology research and advisory firm Gartner, Inc. The prediction is down from last quarter’s forecast of 0.6% growth and is mainly due to currency fluctuations, Gartner said in a press […]
By Canadian Underwriter | April 8, 2016
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