Claims
The Ontario government has “offered final payments,” including $56.3 million to the City of Toronto, arising from an ice storm two years ago that left about 300,000 Toronto Hydro customers without power. “Ontario has now offered final payments to all municipalities and conservation authorities impacted by the December 2013 ice storm through the province’s Ice […]
By Canadian Underwriter | December 21, 2015
2 min read
When a judge makes a discretionary order of prohibition on a person convicted of impaired driving, the driving prohibition is supposed to commence “at the end of the period of imprisonment, not on the date of sentencing,” the Supreme Court of Canada has ruled. In a divided decision released Dec. 17, Canada’s highest court restored […]
4 min read
Tropical Storm Risk (TSR), part of Aon Benfield Research’s academic and industry collaboration, is forecasting 13 named storms, five hurricanes and two major (Category 3+) hurricanes between the months of June and November in 2016. TSR’s Professor Mark Saunders and Dr. Adam Lea issued their preliminary forecast for the 2016 Atlantic hurricane season this week. […]
By Canadian Underwriter | December 18, 2015
Preliminary sigma estimates indicate total global economic losses from natural catastrophes and man-made disasters will total approximately US$85 billion in 2015, but just US$32 billion in insured losses, Swiss Re reported on Friday. Insured losses from natural catastrophes were lower than in 2014, while man-made losses were higher, Swiss Re said in a press release. […]
3 min read
WASHINGTON – The massive year-end spending measure includes a provision that will encourage companies to share cyber threat information with the government while providing them with liability protections for not acting on information received. The measure, a culmination of several years of effort to pass a cyber bill, brings together three different versions that passed […]
By Canadian Underwriter | December 17, 2015
Canada’s highest court announced Thursday it will hear an appeal over the issue of whether future Canada Pension Plan disability payments are deductible from Nova Scotia auto claims paid under family protection endorsements. Andrew Sabean was injured in a vehicle accident near Bridgewater, N.S. in 2004. The other driver was inadequately insured. Sabean commenced an […]
The global mean temperature for 2016 is expected to be between 0.72 degrees Celsius (°C) and 0.96°C above the long-term (1961-1990) average of 14.0°C, with a central estimate of 0.84°C, according to Met Office, a weather and climate services provider based in the United Kingdom. “2015 is on track to be the warmest year on […]
HALIFAX – Eye surgeries at the QEII Health Sciences Centre in Halifax were cancelled Monday because of a flood. Everton McLean, a spokesman with the Nova Scotia Health Authority, says the flooding was reported on the third floor of the Centennial Building at the Victoria General site sometime after 5 a.m. That caused flooding at […]
By Canadian Underwriter | December 16, 2015
1 min read
There is a lack of data in Canada on specific characteristics of auto collisions caused by distracted driving, and a national working group should be established to address the problem, the Traffic Injury Research Foundation (TIRF) suggested in a report announced Wednesday by The Co-operators Group Ltd. The Co-operators of Guelph, Ont. said it plans […]
Less than three months after a hard drive containing student information from about 3.4 million education records in British Columbia went missing, the province’s Auditor General has found that “all IT systems are vulnerable to threats.” Auditor General of British Columbia Carol Bellringer released her latest audit report, titled The Status of Government’s General Computing […]
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