Claims

Claims paid for Kumamoto Prefecture quake 317 billion yen to date Claims paid for Kumamoto Prefecture quake 317 billion yen to date Image

Claims

Claims paid for Kumamoto Prefecture quake 317 billion yen to date

The General Insurance Association of Japan (GIAJ) reports that claims paid in the wake of the Kumamoto earthquake in mid-April totalled 317 billion yen, or about US$3.1 billion, as of June 20. Specifically, there have been 239,749 inquiries made, 222,981 settled cases and 201,186 claim payments, totalling slightly more than 317 billion yen for “earthquake […]

By Canadian Underwriter | June 29, 2016

3 min read

Climate change turning the world’s bogs into fire hazards, researchers warn Climate change turning the world’s bogs into fire hazards, researchers warn Image

Claims

Climate change turning the world’s bogs into fire hazards, researchers warn

The peat bogs of the world, once waterlogged repositories of dead moss, are being converted into fuel-packed fire hazards that can burn for months and generate deadly smoke, warns a researcher from McMaster University in Hamilton, Ont. New research from McMaster’s School of Geography and Earth Sciences, led by Gustaf Granath (now of the Swedish […]

By Canadian Underwriter | June 29, 2016

3 min read

Mayor of Ontario city of Kenora declares state of emergency following flooding Mayor of Ontario city of Kenora declares state of emergency following flooding Image

Claims

Mayor of Ontario city of Kenora declares state of emergency following flooding

The mayor of the city of Kenora in northwestern Ontario declared a state of emergency on Monday as a result of major flooding over the past weekend. Kenora saw more than 109 millimetres (mm) of rain over a two-day period, resulting in more than 20 roads experiencing moderate to extensive road damage, the city said […]

By Canadian Underwriter | June 29, 2016

2 min read

Malware an increasingly efficient, effective way to perpetrate data breaches Malware an increasingly efficient, effective way to perpetrate data breaches Image

Claims

Malware an increasingly efficient, effective way to perpetrate data breaches

Everything is going automatic – and those looking to perpetrate data breaches with malware are no different – emphasizing the need for individuals and organizations to be better prepared to keep the cyber door closed to potential threats. With the change in methodology used by threat actors, moving from manual manipulation to malware, the change […]

By Angela Stelmakowich | June 28, 2016

3 min read