Claims

US official says China should pay price if it breaks deal to curb economic cyber espionage

WASHINGTON – The U.S. could consider criminal charges or sanctions against China if the U.S. determines hackers there are violating an agreement not to conduct economic cyber espionage on American industry, a senior Justice Department official said Tuesday. The remarks by John Carlin, the Obama administration’s top national security attorney, came amid continuing skepticism about […]

By Canadian Underwriter | November 12, 2015

2 min read

Supreme Court of Canada to rule on license privileges for bankrupt uninsured drivers who owe money to accident victims’ claims funds

Canada’s highest court will announce Friday its decision on the constitutional validity of an Alberta law that allows for the suspension of vehicle permits and driver’s licenses of bankrupt uninsured drivers who fail to reimburse the province’s Motor Vehicle Accident Recoveries (MVAR) program. In 2014, the Alberta Court of Appeal had ruled that there is […]

By Canadian Underwriter | November 12, 2015

4 min read

Federal government issues storm surge warning for Quebec regions

Fisheries and Oceans Canada and the Meteorological Service of Canada – Quebec Region have issued a joint statement warning of potential sea breaking conditions and coastal flooding for certain areas of Quebec. The storm surge warning, issued on Thursday morning, said that “higher than normal water levels with large waves are expected near the coast” […]

By Canadian Underwriter | November 12, 2015

2 min read

Flood Re’s regulations in U.K. now in effect

The signing of Flood Re’s regulations in the United Kingdom means as many as a half million households in high flood risk areas have moved one step closer to affordable flood insurance and away from spiralling home insurance premiums. Following approval from U.K. Parliament, floods minister Rory Stewart (pictured left) signed the regulations Wednesday, providing […]

By Canadian Underwriter | November 12, 2015

3 min read