Claims

SGI seeks feedback on Safe Driver Recognition insurance discount program

SGI is seeking public feedback on its Safe Driver Recognition (SDR) program, which allows those with a good driving record to be in the “safety zone” on SGI’s safety rating scale and earn a discount on basic vehicle insurance. Under the program, launched in 2002, those with at-fault crashes or driving infractions on their record could […]

By Canadian Underwriter | October 9, 2014

3 min read

Atlantic hurricane season is shaping up as one of weakest in decades, forecasters say

SAN JUAN, Puerto Rico – This year’s Atlantic hurricane season is shaping up to be one of the weakest in decades with only five named storms in the region so far this year. That is the fewest named storms since the full Atlantic season of 1983, when there were four. The 1994 season also had […]

By Canadian Underwriter | October 9, 2014

3 min read

Quebec coroner says deaths of 47 Lac Megantic residents were avoidable

QUEBEC – A Quebec coroner says the deaths of 47 people in the explosion of an oil tanker train in Lac Megantic in July 2013 could have been avoided. Dr. Martin Clavet issued a report today for each of the 47 victims. He notes he can’t comment about civil or criminal responsibility because of pending […]

By The Canadian Press | October 8, 2014

1 min read

September marked by catastrophic rains, flooding in Asia

Catastrophic flooding from torrential rain in Pakistan and India was among the main events causing economic and insured losses in September, Aon Benfield’s Impact Forecasting arm says in its latest recap report.   In India’s Jammu and Kashmir region, the local government tentatively estimated economic losses of $16 billion, with insured losses estimated at $150 […]

By Canadian Underwriter | October 8, 2014

2 min read