Claims
The United Services Automobile Association (USAA) announced this week that the Federal Aviation Administration (FAA) has approved the USAA’s petition to conduct research and development on its new unmanned aircraft system program to better serve its members, especially after catastrophes. Behind the controls of USAA’s drone is Kathleen Swain, who has been the leader of […]
By Canadian Underwriter | April 9, 2015
3 min read
Some of the most familiar tricks from the hacker playbook are taking on another life, according to a new report that suggests junk emails have once again become a security threat. Websense, a U.S.-based firm which monitors data theft in the business community, says malicious software practices from the 1990s are experiencing a resurgence in […]
2 min read
Total economic and insured losses from windstorms Mike and Niklas that swept through western and central Europe at the end of March are each expected to exceed $US1 billion, according to Impact Forecasting’s latest Global Catastrophe Recap report for the month of March. Last month, windstorms Mike and Niklas tore through western and central Europe, […]
By Canadian Underwriter | April 8, 2015
The cold and snowy winter of 2014/2015 in the United States caused preliminary direct economic losses of US$3.2 billion and industry-wide insured losses of US$2.3 billion, compared with US$4.4 billion direct economic losses and US$2.5 billion insured losses for the 2013/2014 winter season, Munich Re said in a statement issued on Wednesday. The 2014/2015 aggregated […]
SACRAMENTO, Calif. – California’s water board said Tuesday that February was the worst month for conservation since officials began tracking savings efforts nine months ago in response to the state’s historic drought. Figures reported by local water departments showed statewide reductions of just 3 per cent in February compared with baseline numbers, despite following the […]
By Canadian Underwriter | April 7, 2015
AIR Worldwide is estimating that insured losses from extratropical cyclone Niklas – which hit Europe in late March and early April – could range from 1.0 billion to 1.9 billion euros, with Germany expected to see the majority of losses. In an information post Monday afternoon, AIR Worldwide notes that recorded wind speeds for Niklas […]
Toronto City Council recently voted to ask Enbridge Pipelines Inc. to install automatic shut-off valves – on both sides of major watercourses crossed by one of the firm’s oil pipelines running through the Toronto area – and that the National Energy Board not grant the pipeline firm leave to open. Calgary-based Enbridge operates line 9, […]
By Canadian Underwriter | April 6, 2015
The Ontario legislature has adopted a committee report on a bill that, if passed into law, would increase the maximum fine for distracted driving to $1,000, introduce licence suspensions for drug impairment and change the branding program for vehicles written off due to a collision for flood. Bill 31, the Transportation Statute Law Amendment Act […]
CALGARY – The Alberta government is giving cash to 16 municipalities to prevent flooding and deal with future droughts. Most of the grants will go to municipalities hit hard by the 2013 floods in southern Alberta. They include Calgary, High River, Nanton and the municipal districts of Bighorn, Pincher Creek and Foothills and other communities […]
By Canadian Underwriter | April 2, 2015
A lawsuit over environmental contamination, alleged to have affected groundwater flowing towards the North Saskatchewan River in Prince Albert, will not be heard by the Supreme Court of Canada. A drive-in theatre operator whose real estate sale fell through after concerns over historic environmental contamination on its land in Prince Albert, Sask. has been denied […]
4 min read
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
