Industry
The City of Toronto announced last week that bylaw officers will focus on city-wide enforcement of dog leash bylaws, following last year’s public education and enforcement blitz in July. In Toronto, all dogs must be kept on a leash whenever they are on any property other than their owner’s, unless they are in one of […]
By Canadian Underwriter | June 8, 2015
2 min read
The Centre for Study of Insurance Operations announced Friday it has published educational material designed to help brokers improve the traffic to their websites from search engines such as Google. Toronto-based CSIO’s educational resources on search engine optimization (SEO) includes four videos and a white paper. [click image below to enlarge] In the white […]
Three-quarters (74%) of risk professionals in the United States without cyber insurance are considering purchasing it within two years, according to the first RIMS Cyber Survey 2015, released on Monday. The survey from RIMS, the risk management society, features input from 284 of RIMS’ professional members in the U.S., with more than half of respondents […]
NEW YORK – Google is disclosing more details about the 12 accidents involving its self-driving cars so far as part of a commitment to provide monthly updates about the safety and performance of the vehicles. The summary released Friday described all of the collisions as minor, saying no injuries were reported. As it has been […]
3 min read
Applied Systems has announced the availability of Applied PerformanceManagement 2015 – meant to extend user-driven analysis and visual business insights – to insurance agencies and brokerages in the United States and Canada. The offering helps “insurance executives gain greater visibility into operational performance based on their organizational structure, clients and geographies,” notes a statement earlier […]
By Canadian Underwriter | June 5, 2015
Toronto-based commercial insurance brokerage ALIGNED Insurance Inc. announced Friday it is continuing to grow with the acquisition of the shares of Precept Insurance & Risk Management Inc. for an undisclosed amount. ALIGNED is “thrilled to add the entire Precept Insurance & Risk Management team and nearly 800 clients as we continue to deliver industry-leading insurance […]
Satisfaction among Gen Y customers who are becoming first-time home owners and homeowners’ insurance buyers in Canada is declining at a faster rate than in any other generational group, suggests the J.D. Power 2015 Canadian Home Insurance Study, released on Thursday. The annual study from global market research company J.D. Power examines customer satisfaction with […]
By Canadian Underwriter | June 4, 2015
The rate of reinsurance price declines is moderating, partly driven by a healthier Florida insurance environment that is prompting higher demand for reinsurance, Guy Carpenter & Company, LLC reports in announcing its June 1 renewals. After two years of price decreases averaging 15% on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent […]
Takata Corporation, the Japanese company behind the recent massive air bag recall, has recommended that all “batwing driver inflators in any vehicle registered anywhere in the United States” be replaced in national recalls to be conducted by the affected automakers. In written testimony Tuesday before a U.S. congressional hearing by the House Committee on Energy […]
By Canadian Underwriter | June 3, 2015
Almost 70% of businesses experienced at least one hacking incident in the last year, according to a study of business risk managers released on Wednesday by The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re. Yet, more than half (55%) don’t believe their company is dedicating enough money or trained and […]
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