Tech

Brakes tapped on ridesharing in B.C. despite election promises to allow Uber

VICTORIA – An election promise to bring ridesharing to British Columbia by the end of the year has taken a detour as the NDP government says safety of passengers and operators comes first. Transportation Minister Claire Trevena said Tuesday the government is studying safety and regulatory issues and she can’t say when ridesharing operations like […]

By Jason Contant | October 4, 2017

3 min read

Survey asks who should be liable when driverless vehicle hits pedestrian: AIG

More than four in five Americans surveyed believe that owners of fully driverless vehicles should have auto insurance and more than a third believe that safety issues will delay or prevent their widespread availability, a survey released Tuesday by American International Group Inc. suggests. New York City-based AIG said its Autonomous Vehicle Insights study includes […]

By Canadian Underwriter | October 3, 2017

2 min read

Turo launches car-sharing marketplace in B.C., partners with car rental entrepreneurs

Turo, which connects local car owners with travellers looking for adventure and in need of a vehicle, has expanded its car-sharing marketplace into British Columbia. To address provincial insurance regulations, the company has structured the expansion by partnering with local, independent car rental entrepreneurs that will make their fleets available to Turo members and will […]

By Canadian Underwriter | October 3, 2017

3 min read

Insurance industry prepared to accommodate or address technological challenges: OSFI’s Henderson

Despite the constantly changing landscape, ever since insurance has been around, the industry has “accommodated or addressed” these emerging challenges, attendees to the National Insurance Conference of Canada (NICC) heard on Monday. Neville Henderson, assistant superintendent of the insurance supervision sector of the Office of the Superintendent of Financial Institutions (OSFI), said that he’s seen […]

By Jason Contant | October 3, 2017

3 min read