Claims
Specialty property and casualty insurance carrier Ironshore Canada recently announced it is writing general commercial property, energy property and builder’s risk property coverage in Canada. In a press release this week, Ironshore Canada said it has “licensed approvals to provide property coverage products to select, specialty sectors in every Canadian province, except Quebec.” Ironshore said […]
By Canadian Underwriter | June 19, 2014
1 min read
WASHINGTON – General Motors employee Laura Andres was driving a 2006 Chevrolet Impala home when she hit a bump in the road. The engine stalled, and the Impala came to a dead stop. The car behind her had to swerve to avoid a collision. Andres took the car into the shop, and a technician identified […]
2 min read
BILLINGS, Mon. – U.S. transportation officials said Wednesday that details about volatile oil train shipments are not sensitive security information, after railroads have sought to keep the material from the public following a string of fiery accidents. The U.S. Department of Transportation has ordered railroads to give state officials specifics on oil-train routes and volumes […]
3 min read
One of several communities under flood threat in southern Alberta started evacuating residents from their homes on Wednesday as rain continued to pour in much of the region. “We’ve provided an evacuation centre for people who need to get out of their homes right now,” said Claresholm Mayor Rob Steel. Overland flooding in the town […]
By The Canadian Press | June 18, 2014
4 min read
Now that the Ontario Liberals have been returned to power with a majority government, the Insurance Bureau of Canada is urging the provincial government to re-introduce Bill 171, which died on the order paper when the election was called last month. During a speech in Toronto Wednesday, IBC president and chief executive officer Don Forgeron […]
By Canadian Underwriter | June 18, 2014
CALGARY – A look at some of the major projects Alberta is considering to prevent another major flood: Highwood River Diversion What it would do: Divert water around the flood-prone community of High River when water levels on the Highwood River are high. Typically, in June, the Highwood flows at a rate of between 30 […]
ANGUS, Ont. – A swirling mass of thunder and lightning blew out windows, tore up fences and sheared off the tops of some homes but caused no serious injuries when it ripped through the central Ontario community of Angus on Tuesday evening. Police said at least 20 to 30 homes sustained “significant damage” in the […]
5 min read
Aviva Canada has released details of a recent insurance scam, warning consumers to make sure they’re using someone licensed when purchasing their coverage, even if that person has been recommended through a friend. In April, a Mississauga, Ont. man was charged with three counts of fraud under $5,000, uttering a forged document and making a […]
By Canadian Underwriter | June 17, 2014
The National Insurance Crime Bureau released Monday a report on thefts of utility vehicles in the United States over a four-year period, reporting three Ford Motor Co. models, one Kia Motors Corp. vehicle and Chrysler Group LLC’s Jeep Grand Cherokee made the list of the top five most-stolen sport-utility and crossover utility vehicles. Des Plaines, […]
By Canadian Underwriter | June 16, 2014
CALGARY – A year after Alberta was hit by devastating flooding, here’s a look at the event by the numbers: 200: In millimetres, the amount of rain that fell in Canmore in the 2 1/2 days before the flood – 10 times that of a typical summer rainfall. (Source: Environment Canada) 345: In millimetres, the […]
By The Canadian Press | June 16, 2014
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