Claims
A pre-existing defect led to a January 2014 pipeline rupture in Otterburne, Manitoba, the Transportation Safety Board of Canada (TSB) said in its investigation report into the incident, released on Tuesday. On Jan. 25, 2014, Line 400-1, a 30-inch natural gas pipeline operated by TransCanada PipeLines Limited ruptured and ignited at the site of Mainline […]
By Canadian Underwriter | July 28, 2015
2 min read
Alberta’s Superintendent of Insurance has reviewed Uber’s insurance policies and found “significant issues with regulatory compliance.” On Monday, the Superintendent issued an advisory notice on ride sharing services and the “insurance risk they currently pose to Albertans.” “The Superintendent of Insurance is of the view that Uber’s supplemental insurance policies do not currently meet the […]
The government of British Columbia announced a Level 4 drought rating on Monday for the South Thompson, Similkameen, Kettle and Skagit areas due to ongoing low stream flows. At Level 4 (Red), conditions are extremely dry. Further declines in stream, lake and aquifer levels could lead to water shortages and affect people, industry such as […]
Zurich-based Zurich Insurance Group reported Tuesday that it is evaluating a potential offer for RSA Insurance Group plc, but emphasizes the announcement “does not amount to a firm intention to make an offer and there can be no assurance that any offer will be made.” Citing recent market speculation in relation to RSA, a Zurich […]
4 min read
Manitoba Infrastructure and Transportation’s Hydrologic Forecast Centre issued a heavy rainfall advisory on Monday, noting that a significant rainfall – as much as 100 millimetres of rain – is forecast for parts of southwestern Manitoba and Saskatchewan in the next three to four days. While various weather forecasts indicate variable amounts and different areas where […]
REGINA – Premier Brad Wall accompanied Stephen Harper to northern Saskatchewan on Friday to give the prime minister a look at the destruction caused by wildfires. Wall and Harper were in La Ronge, one of the largest communities threatened in late June and early July. About 13,000 people from 50 communities had to flee their […]
By The Canadian Press | July 27, 2015
U.S. Senator Kelly Ayotte (R-NH) joined five other senators last week in introducing bipartisan legislation that would bolster the U.S. Department of Homeland Security’s (DHS) authority to prevent and block cyberattacks on .gov networks. The Federal Information Security Management Reform Act of 2015 was introduced by Ayotte and Senators Susan Collins (R-ME), Mark Warner (D-VA), […]
By Canadian Underwriter | July 27, 2015
3 min read
Almost three years of research by FM Global has culminated in the release of new fire protection guidelines for warehouse owners that the mutual insurance company reports could reduce fire-related costs by millions of dollars. The new engineering-driven design standard for “in-rack” sprinklers offers warehouses more protection at less cost, notes a statement last week […]
Global health and epidemics are among the top three concerns of nearly a third of respondents to a recent survey, with nearly one in four respondents suggesting they do not believe the global community is prepared to respond to an epidemic such as Ebola. The World Bank Group released Thursday results of a survey, conducted […]
By Canadian Underwriter | July 24, 2015
NEW YORK – Three Estonian men were sentenced to over three years in prison Thursday for their roles in an Internet scheme that infected more than 4 million computers in over 100 countries. U.S. District Judge Lewis A. Kaplan imposed the sentences in Manhattan federal court, bemoaning the steady influx of computer crime cases across […]
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