Claims
WINNIPEG – Spring flooding concerns are rising in some areas of rural Manitoba thanks to heavier than normal rainfall since early April. That means farmers in some southwestern communities will not be able to seed their usual crops this year. The province is also planning to use an emergency drainage channel on Lake St. Martin, […]
By The Canadian Press | June 12, 2014
1 min read
Catastrophe modeling firm RMS is stepping up its presence in the Asia-Pacific market with a new office in Singapore. The office, led by Paul Burgess, senior director of client development, is the newest addition to RMS’ other Asia-Pacific locations, which include Delhi, Beijing and Tokyo. The firm’s exsiting Asia-Pacific market partners include recently announced Asia-focused catastrophe modelers Catalytics, COMBUS, OYO Group and […]
By Canadian Underwriter | June 11, 2014
Several changes are coming to Saskatchewan related to vehicle seizures for people engaging in high risk behaviour while driving. The new consequences for impaired driving and distracted driving come into effect June 27. “We believe harsher penalties, including the inconvenience of being without a vehicle for several days, will deter people from choosing to drive […]
By Canadian Underwriter | June 10, 2014
2 min read
The Allstate Corp. released Tuesday results of a recent survey, in which nearly two in three home insurance policyholders reported they have not compiled an inventory of their belongings. Northbrook, Ill.-based Allstate commissioned a survey of 1,000 American adults with homeowners and renters insurance. “More than 90 percent of Americans have not practiced an evacuation […]
DETROIT – A thorough review of General Motors’ safety issues is nearing completion and hasn’t turned up any more serious problems, the company’s CEO said Tuesday. Speaking to reporters before the company’s annual meeting, Mary Barra also said that personnel changes related to a deadly ignition switch problem are finished. The company forced out 15 […]
3 min read
MIAMI – Tropical Storm Cristina is expected to strengthen as it swirls off Mexico’s Pacific coast. The storm’s maximum sustained winds early Tuesday are near 40 mph (65 kph) and the U.S. National Hurricane Center says Cristina could become a hurricane by Thursday. The storm is centred about 155 miles (250 kilometres) south-southwest of Zihuatanejo, […]
WEST RIVER STATION, N.S. – A freight train carrying propane derailed Monday in Nova Scotia’s Pictou County, but the RCMP said the risk of an explosion was minimal. Police received a call shortly before 2 p.m. that a train left the tracks near 180 Lansdowne Rd. in West River Station, about 150 kilometres northeast of […]
By The Canadian Press | June 10, 2014
AURORA, Colo. – Several tornadoes touched down as a line of severe thunderstorms swept through Colorado, with one of the twisters hitting near a junior golf tournament and injuring a caddy and others causing property damage, officials said. Six of the tornadoes struck in northeast Colorado, while two others hit in Park County in the […]
By Canadian Underwriter | June 9, 2014
Investigators with the U.S. Chemical Safety Board (CSB) suggest the same conditions at the time of the Deepwater Horizon blowout – prompting the largest oil spill in the history of the United States – could occur at other drilling rigs, perhaps making existing blowout preventer designs less effective in emergency situations. A drill pipe that […]
The Alberta government reports that it has provided more than $191 million to date in disaster assistance to municipalities and First Nations to begin rebuilding in the wake of last June’s devastating flooding, a event that has since become the most expensive insured natural disaster ever in Canada. Last September, the Insurance Bureau of Canada […]
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