Claims
DENVER, Colo. – Supply chain failures, data breaches and political instability are among the issues weighing on the minds of executives for businesses in the United States and Canada with plans to expand operations overseas this year, notes new survey results released Tuesday by the Chubb Group of Insurance Companies. Representing the top overseas business […]
By Canadian Underwriter | April 30, 2014
3 min read
The Institute for Catastrophic Loss Reduction will be holding a workshop on May 23 focused on predicting and projecting extreme marine events, particularly coastal flooding. Part of its ongoing Friday Forum series, ICLR’s event will host Keith Thompson, a professor with Dalhousie University’s Department of Oceanography and the Department of Mathematics and Statistics. “Our relationship with the […]
By Canadian Underwriter | April 29, 2014
2 min read
TORONTO – Despite recent extreme weather that wreaked havoc in parts of the country, a new study finds many Canadians are ill-equipped to face another potential emergency. The seventh annual RBC Canadian Water Attitudes Study of more than 2,000 adults found that overall, only nine per cent say they’ve taken precautionary measures to protect themselves […]
LOUISVILLE, Miss. – A dangerous storm system that spawned a chain of deadly tornadoes over three days flattened homes and businesses, forced frightened residents in more than half a dozen states to take cover and left tens of thousands in the dark Tuesday morning. As the storm hopscotched across a large swath of the U.S., […]
5 min read
BIRTLE, Man. – Flood worries remain high in parts of western Manitoba despite lower water levels. Ron Bell, a spokesman for the town of Birtle, says the water is dropping on the river that runs though town. Nearby, on a tributary of Birdtail Creek, an embankment has started to fail. Bell says water is expected […]
By The Canadian Press | April 28, 2014
1 min read
LOS ANGELES – Google says that cars it has programmed to drive themselves have started to master the navigation of city streets and the challenges they bring, from jaywalkers to weaving bicyclists – a critical milestone for any commercially available self-driving car technology. Despite the progress over the past year, the cars have plenty of […]
By Canadian Underwriter | April 28, 2014
A new survey of captive directors – released Monday by Aon Risk Solutions at the RIMS 2014 Annual Conference & Exhibition in Denver – shows that as the Terrorism Risk Insurance Act (TRIA) expiration approaches, the majority of respondents agree terrorism should be ranked higher. Aon Risk Solutions, the global risk management business of Aon […]
The Insurance Brokers Association of Ontario (IBAO) is urging provincial politicians to vote in favour of a bill that proposes to make several changes to the auto insurance dispute resolution system. If Bill 171, the Fighting Fraud and Reducing Automobile Insurance Rates Act, does not get passed into law, “there will be no way for […]
4 min read
MAYFLOWER, Ark. – A tornado system ripped through the central and southern United States on Sunday, leaving at least 17 dead in a violent start to this year’s storm season, officials said. An Arkansas state agency reported that 16 deaths have been confirmed in that state. A separate tornado from the same storm system killed […]
SGI is asking the public and stakeholders for feedback over the next several months as part of a review of its auto injury program. “We want to ensure the injury program is still effectively meeting the needs of Saskatchewan residents,” SGI president and CEO Andrew Cartmell said in a press release Friday. “The last full […]
By Canadian Underwriter | April 25, 2014
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