Claims
Fire officials say an evacuation zone remained in place Friday at a port in Halifax after four steel cylinders carrying weapons-grade uranium fell about six metres the night before as they were being unloaded from a container ship, prompting a radiation scare. Phil McNulty, the city’s executive fire officer, said the area is being monitored […]
By Canadian Underwriter | March 14, 2014
3 min read
A lawyer who suggests that Canada Revenue Agency is potentially exposing him to “penal and civil consequences,” in ordering him to disclose his accounts receivable records, will have his case heard before the Supreme Court of Canada. The highest court in the land announced Thursday it is allowing an application, by the federal government, for […]
Manitoba Public Insurance (MPI) is encouraging citizens to come forward and speak out against auto insurance fraud, something that if left undetected, has an impact on all honest Manitobans. MaryAnn Kempe, vice-president of community and corporate affairs for MPI, says citizens of the province can use MPI’s dedicated TIPS Line, a valuable source of information […]
1 min read
The Financial Services Commission of Ontario is conducting a testing phase of its online service to schedule pre-hearings and settlement conferences, in an effort to streamline arbitration for auto insurance claims disputes. The Ontario government introduced a bill earlier this month aimed at making reforms to the auto insurance system in the province, which if […]
By Canadian Underwriter | March 13, 2014
TOKYO – As radiation spewed from Japan’s nuclear disaster three years ago, the top U.S. atomic energy regulator issued a 50-mile evacuation warning for any Americans in the area, a response some found extreme. Gregory Jaczko, who stepped down as chairman of the Nuclear Regulatory Commission in 2012, still believes he was right, and says […]
The Insurance Corporation of British Columbia (ICBC) has launched a new road safety speaking tour for young drivers, focusing especially on distracted driving, a leading cause of crashes among those between 16 and 21. ICBC launched its road safety speaker program Wednesday at Panorama Ridge Secondary in Surrey with a new road safety speaker, Heidi […]
2 min read
NEW YORK – Rescuers working amid gusty winds, cold temperatures and billowing smoke pulled four additional bodies Thursday from the rubble of two New York City apartment buildings, raising the death toll to at least seven from a gas leak-triggered explosion that reduced the area to a pile of smashed bricks, splinters and mangled metal. […]
4 min read
In an announcement praised by the Insurance Bureau of Canada, the British Columbia government said Tuesday it plans to invite input from stakeholders on how the province can better prepare for a catastrophic seismic event. “This emergency management consultation regarding catastrophic seismic events will directly involve all levels of government,” the province stated, adding it […]
By Canadian Underwriter | March 12, 2014
LOS ANGELES – California is trying to do something unusual in this age of rapidly evolving technology – get ahead of a big new development before it goes public. By the end of the year, the Department of Motor Vehicles must write rules to regulate cars that rely on computers – not the owner – […]
Hannover Re has reported a group net income of 895.5 million euros for 2013, up 5.4% over the prior year, despite expensive natural catastrophe events in Canada and Germany. The group’s combined ratio also improved to 94.9% from 95.8% in 2012, Hannover Re said Tuesday. “This performance was driven by a very good underwriting result […]
By Canadian Underwriter | March 11, 2014
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