Claims
A proposal to update Ontario’s condominium insurance rules, and to license condominium managers, is currently before the legislature. If passed into law, Bill 106 “would update rules and requirements relating to insurance when damage occurs to a unit or the building,” said Chris Ballard, Liberal MPP for Aurora-Newmarket and parliamentary secretary to government and consumer […]
By Canadian Underwriter | September 23, 2015
4 min read
A misplaced unencrypted back-up hard drive containing student information over a 23-year period has spurred a cross-government review of how British Columbia’s government ministries manage personal information. In total, the missing hard drive contains about 3.4 million education records tied to individuals between 1986 and 2009, and includes their names, postal codes, grades and personal […]
Communities in Alberta will have access to $800,000 in funding this fiscal year for wildfire protection projects through the FireSmart Community Grant Program, Alberta Agriculture and Forestry announced last week. Municipalities, municipal districts, counties, Métis Settlements and registered non-profit societies located within the Forest Protection Area of Alberta are eligible to apply for FireSmart grants […]
By Canadian Underwriter | September 22, 2015
2 min read
BEIJING – Apple Inc. has removed some applications from its App Store after developers in China were tricked into using software tools that added malicious code in an unusual security breach. Apple gave no details of which companies were affected. But Tencent Ltd. said its popular WeChat app was affected and the company released a […]
Atmospheric and Environmental Research (AER), an environmental research and development company and a Verisk Analytics business, announced on Monday that it has led the development of an “innovative, broadly applicable methodology” for analyzing future coastal floods in the United States. As businesses and governments plan for climate change, scientists and catastrophe modellers are searching for […]
3 min read
A construction contractor who unsuccessfully sued Northbridge Indemnity Insurance Company over a disputed claim, under an all risks policy that excluded “making good faulty workmanship,” is applying for leave to appeal with Canada’s highest court. Ledcor construction was the general contractor for the EPCOR Tower in Edmonton. The project owner, Stations Lands Ltd., had an […]
California governor Jerry Brown has requested presidential disaster declarations for the state following the Valley Fire and Butte Fire, which have claimed the lives of at least three people, destroyed thousands of homes and structures, and scorched more than 145,000 acres. A Presidential Major Disaster Declaration triggers the release of federal funds to support fire […]
Catastrophe modelling firm AIR Worldwide estimated on Monday that insured losses from the magnitude 8.3 earthquake that struck Chile’s central coast near Illapel on Sept. 16 will be between US$600 million and US$900 million. Authorities have stated that at least 12 people have died as a result of the quake, which was felt as far […]
By Canadian Underwriter | September 21, 2015
Steve Thomson, British Columbia’s Minister of Forests, Lands and Natural Resource Operations, announced on Friday that his ministry is working with the Union of British Columbia Municipalities to introduce the 2016 FireSmart Grant Program. Under the program, fifty grants of up to $10,000 each will be made available to local governments and First Nations to […]
Under Manitoba’s Builders’ Liens Act, a construction contractor could access both a lien bond and a trust claim if there is a dispute over payment because a firm could have a trust claim independent of a lien claim, the Supreme Court of Canada suggested in a ruling released Friday. Canada’s highest court ruled against general […]
By Canadian Underwriter | September 18, 2015
5 min read
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