Claims
KASHECHEWAN, Ont. – The evacuation of a remote First Nation community in northern Ontario due to flood fears is expected to be completed soon. A spokesman for Kashechewan First Nation says the last 16 residents from the community of 1,900 people will get on the final flight some time this morning. Chief Derek Stephen says […]
By The Canadian Press | April 30, 2015
2 min read
The resilience of coastal communities in the United States to storms, flooding, erosion and other threats can be strengthened when they are protected by natural infrastructure such as marshes, reefs, and beaches or with hybrid approaches, such as a “living shoreline” – a combination of natural habitat and built infrastructure – according to a new […]
By Canadian Underwriter | April 30, 2015
3 min read
TORONTO – Ontario’s auditor general says drivers have faced “less safe winter highway conditions” since the province sought to cut costs in 2009 by contracting out road maintenance to the lowest bidders. Auditor general Bonnie Lysyk says in many cases the lowest bidder for winter road maintenance contracts did not have the proper equipment to […]
By The Canadian Press | April 29, 2015
Although extreme weather events are on the rise, Canadians are still optimistic about their ability to deal with the impacts of these events, according to the 2015 RBC Canadian Water Attitudes Study released on Tuesday. RBC Insurance said in a statement that extreme weather events are on the rise, with heavy rainfalls, severe snowstorms, ice […]
By Canadian Underwriter | April 28, 2015
NEW ORLEANS, La. – A new study detailing how drones can help first responders and improve relief efforts after a disaster recommends the Federal Aviation Administration (FAA) expedite emergency flight authorizations for the private sector, a move that would greatly reduce insurer response times and greatly enhance risk assessment, mitigation and claims response. Use of […]
5 min read
NEW ORLEANS, La. – Cyber has entered the 2015 Global Risk Management Survey’s Top 10 global risks for the first time ever, demonstrating its emergence as a key risk factor for today’s business, reports Aon Risk Solutions, the global risk management business of Aon plc. Released Monday at the RIMS 2015 Annual Conference & Exhibition, […]
By Canadian Underwriter | April 27, 2015
8 min read
KATHMANDU, Nepal – Shelter, fuel, food, medicine, power, news, workers – Nepal’s earthquake-hit capital was short on everything Monday as its people searched for lost loved ones, sorted through rubble for their belongings and struggled to provide for their families’ needs. In much of the countryside, it was worse, though how much worse was only […]
6 min read
NEW ORLEANS, La. – About 100 risk management professionals joined forces with the St. Bernard Project, a non-profit that provides critical resources for communities afflicted by natural disaster, on Apr. 26 to lend a hand in rebuilding two New Orleans neighbourhoods. The 14th Annual RIMS Community Service Day, sponsored by Zurich North America, will return […]
Usage-based insurance (UBI) is failing to gain traction in Canada because of the country’s regulatory regime, suggested Colin Wright, principal of Corner Two Consulting, during a presentation at the Insurance Telematics Canada 2015 conference in Toronto on Friday. “Everyone I spoke with in the industry, to a greater or lesser extent, thinks the regulatory regime […]
By Canadian Underwriter | April 24, 2015
The Insurance Bureau of Canada has ‘welcomed’ the auto insurance changes Ontario Finance Minister Charles Sousa proposed Thursday in his budget document for 2015-16, while Unica Insurance Inc. is pleased the ruling Liberals plan to require insurers to give discounts to policyholders with winter tires. The ruling Liberals said Thursday they plan to reduce the […]
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