Claims
DETROIT – Eight months after General Motors began recalling more than 2 million cars because of a deadly ignition-switch defect, less than half the owners have gotten their vehicles fixed. At first, the problem was a shortage of parts. But now the problem is people. Despite the heavy publicity surrounding the scandal, many drivers evidently […]
By Canadian Underwriter | October 6, 2014
3 min read
HALIFAX – A coalition of environmental groups opposed to hydraulic fracturing in Nova Scotia says legislation that would ban the practice is seriously flawed. The group had initially applauded the province’s Liberal government when it announced a renewed moratorium last month through amendments to the Petroleum Resources Act. But the Nova Scotia Fracking Resource and […]
By The Canadian Press | October 6, 2014
2 min read
Catastrophe risk modelling firm AIR Worldwide has released what it calls the insurance industry’s first inland flood model for the United States to help insurers and other industry stakeholders better understand the severity, frequency and location of potential flood events on and off the country’s floodplains. This state-of-the-art offering is a detailed, physically based, probabilistic […]
CALGARY – The leader of the Alberta Party is calling on the Progressive Conservative government to move ahead with a proposed project to divert water underground to protect Calgary from another flood disaster. Greg Clark says while it’s good news the province has approved a dry dam for the Springbank area, he says it’s important […]
By The Canadian Press | October 4, 2014
The Institute for Catastrophic Loss Reduction will be holding a seminar on floodplain mapping and urban overland flood risk assessment. Part of its ongoing Friday Forum series, the National Riverine Floodplain Mapping Framework and Advancements in Urban Overland Flood Risk Assessment workshop will be held Oct. 10. The presentation will focus on the National Floodplain […]
By Canadian Underwriter | October 3, 2014
Canadians need to “make a determination on a national flood insurance initiative” and Canada needs a program to build infrastructure to help reduce property insurance losses from flooding, speakers said Thursday at a seminar in Toronto. “We need to launch a national infrastructure adaptation program to maintain the natural integrity of wet lands and related […]
5 min read
DETROIT – General Motors is recalling more than 117,000 vehicles from the 2013 and 2014 model years for a defect that could cause them to stall. The recall involves the Chevrolet Tahoe, Suburban, Traverse, Express and Silverado; the Cadillac CTS, Escalade and Escalade ESV; the GMC Yukon, Yukon XL, Acadia, Savana and Sierra; and the […]
1 min read
NEW YORK – Repairs on Superstorm Sandy-damaged rail tunnels used by trains linking New York with the whole Northeast Corridor could cause a service nightmare. Longer closures to do the work would cut service on Amtrak from 24 trains an hour to six, railroad officials said Thursday. “The idea of going from 24 trains an […]
By Canadian Underwriter | October 2, 2014
NEW YORK – Exxon Mobil issued a report Tuesday that acknowledges the environmental risks of hydraulic fracturing but also defends the practice as being better for the environment than other types of energy production and generation. Under pressure from the corporate responsibility group As You Sow, as well as New York City Comptroller Scott Stringer […]
Increased benefits for auto accident victims in Prince Edward Island are now in effect for accidents occurring on or after Oct. 1, regardless of when the policy was purchased. The new provisions include changes to the minor personal injury definition (which includes strains, sprains and whiplashes that don’t cause serious impairment), and an increase on […]
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