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Risk management overhaul necessary for cities to become more resilient to catastrophic events: report Risk management overhaul necessary for cities to become more resilient to catastrophic events: report Image

Claims

Risk management overhaul necessary for cities to become more resilient to catastrophic events: report

Officials for cities, investors and insurers will increasingly need to “build resilience within and between infrastructure systems as a complementary approach to address infrastructure risk and uncertainty,” argues a new report from Lloyd’s and Arup. “While risk management remains a priority for cities, it is not enough on its own, or on an asset-by-asset basis,” […]

By Canadian Underwriter | March 27, 2017

5 min read

TransCanada gets U.S. State Department’s OK for Keystone XL pipeline TransCanada gets U.S. State Department’s OK for Keystone XL pipeline Image

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TransCanada gets U.S. State Department’s OK for Keystone XL pipeline

CALGARY – TransCanada has been granted a presidential permit from the U.S. State Department that allows it to move forward on building the long-delayed Keystone XL pipeline, the latest turn in fortunes for the controversial project. In granting the permit, the U.S. State Department said it concluded that Keystone XL, which is fiercely opposed by […]

By The Canadian Press | March 24, 2017

3 min read

Spring remains elusive in Atlantic Canada as gusty storm sweeps through Spring remains elusive in Atlantic Canada as gusty storm sweeps through Image

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Spring remains elusive in Atlantic Canada as gusty storm sweeps through

HALIFAX – Spring remained elusive in parts of the Maritimes on Thursday after a storm swept through the region, knocking out power and closing schools. The Canso causeway to Cape Breton was closed in the morning as a winter storm blasted the area, whipping up powerful gusts. It reopened later in the day, but visibility […]

By The Canadian Press | March 23, 2017

1 min read

Present Canadian approach to wildland/urban interface fires requires “radical and sweeping strategic shift”: ICLR Present Canadian approach to wildland/urban interface fires requires “radical and sweeping strategic shift”: ICLR Image

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Present Canadian approach to wildland/urban interface fires requires “radical and sweeping strategic shift”: ICLR

The present Canadian approach to wildland/urban interface fires requires a “radical and sweeping strategic shift,” the Institute for Catastrophic Loss Reduction (ICLR) said in a newly released report into the Fort McMurray wildfire. The final report was titled Why some homes survived: Learning from the Fort McMurray wildland/urban interface fire disaster and released on Thursday. […]

By Canadian Underwriter | March 23, 2017

4 min read