Claims

Mexico struggles to return order to hurricane hit resort of Los Cabos

MEXICO CITY – Mexican authorities are still struggling to restore services and calm residents five days after Hurricane Odile knocked out power, water and phone service, sparking widespread looting.   The federal co-ordinator for the affected area in Baja California Sur state says 200 electricity workers have been dispatched to the area. However, power had […]

By Canadian Underwriter | September 19, 2014

1 min read

Home Depot eliminates malware that affected 56 million credit cards

TORONTO – Home Depot said Thursday that 56 million payment cards used at its American and Canadian stores between April and September were compromised by a type of criminal software that hadn’t previously been seen in other attacks. The Atlanta-based home improvement retailer said any terminal with the malware has been taken out of service […]

By Canadian Underwriter | September 19, 2014

4 min read

Floods shut down Philippine capital and nearby provinces, three killed and thousands evacuated

MANILA, Philippines – Torrential monsoon rains worsened by a tropical storm flooded large swathes of the Philippine capital and nearby provinces Friday, leaving at least three people dead and displacing tens of thousands just days after the region was drenched by a typhoon. Authorities said more than 470,000 residents of Metro Manila and other provinces […]

By Canadian Underwriter | September 19, 2014

3 min read

Canada Day flood losses in Manitoba, Saskatchewan now pegged at more than $140 million

Insured losses from flooding in Manitoba and Saskatchewan over the Canada Day weekend this year are now estimated at more than $140 million, Catastrophe Indices and Quantification Inc. (CatIQ) said Thursday. The estimate for the flooding that occurred June 28 to 30 includes loss adjustment expenses and came from a recent 45-day re-survey of the […]

By Canadian Underwriter | September 18, 2014

1 min read