Claims
Saskatchewan Premier Brad Wall has released the province’s Climate Change White Paper, calling for adaptation and innovation instead of taxation on carbon. “There are three approaches we can take to fighting climate change – adaptation, innovation and taxation,” Wall said in outlining his alternative approach to Prime Minister Justin Trudeau’s recently announced “pan-Canadian floor price […]
By Canadian Underwriter | October 18, 2016
4 min read
COLLINGWOOD, Ont. – Hydro One is reporting thousands of customers without power after intense storms rolled through parts of central and eastern Ontario on Monday. The utility’s website showed more than 10,000 customers without power as of midnight on a line from Georgian Bay through the Owen Sound area and southeast to the Kingston region. […]
By The Canadian Press | October 18, 2016
2 min read
Most insurance carriers rated by A.M. Best have sufficient capital and appropriate reinsurance programs to effectively absorb Hurricane Matthew losses, notes a new briefing from the rating agency. That being the case, A.M. Best reports it does not anticipate a significant number of related rating actions from the hurricane. Matthew hit Haiti, Cuba, Jamaica, the […]
3 min read
RENO, Nev. – Firefighters in Nevada were hoping to stop a wind-driven wildfire, which has already destroyed 22 homes north of Carson City, from jumping any major roads Saturday. The blaze between Reno and Carson City was only 5 per cent contained, fire officials said. The fire, which grew overnight to more than 5 square […]
By Jason Contant | October 17, 2016
An Alberta motorist who argued that breath samples ought to have been excluded as court evidence was unsuccessful in appealing convictions of impaired driving and dangerous driving, the Supreme Court of Canada announced Friday. In a ruling released Nov. 20, 2015, the Alberta Court of Appeal suggested that motorists in the province have “a duty, […]
By Canadian Underwriter | October 17, 2016
Canada and the 196 other countries that are part of the Montreal Protocol on Substances that Deplete the Ozone Layer have agreed to phase down hydroflourocarbons (HFCs), greenhouse gases that can be hundreds to thousands of times more potent than carbon dioxide. Reducing emissions of HFCs under the Kigali Amendment can prevent up to 0.5°C […]
RALEIGH, N.C. – Flooding spawned by Hurricane Matthew has caused $1.5 billion in damage to 100,000 homes, businesses and government buildings in North Carolina, according to a state estimate. The figure released late Saturday represents one of the first detailed analyses of damage from the storm, and it’s part of a growing picture of Matthew’s […]
CALGARY – The federal government is lowering the size of a proposed emergency fund pipeline operators would be required to have on hand to deal with short-term costs of incidents such as spills. Natural Resources Canada says the fund would reduce the minimum amount of “readily available” money pipeline companies would have to have to […]
By The Canadian Press | October 14, 2016
1 min read
Mandatory evacuations have been issued for 500 residences in northeastern California after a wildfire began early Friday morning. The California Department of Forestry and Fire Protection (Cal Fire) said in a statement on Friday that voluntary evacuations have been issued for an additional 500 residences. Two evacuation centres have been opened and nearly 20 roads […]
By Canadian Underwriter | October 14, 2016
HALIFAX – Nova Scotia Premier Stephen McNeil says the province is providing $500,000 in immediate emergency aid for people in Cape Breton affected by damage caused by last weekend’s massive rainfall. McNeil says the money has been given to the United Way of Cape Breton, which will be responsible for distributing the funds to those […]
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