Claims

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July 31, 2013

5 min read

Quebec train disaster spawns multiple claims

The train explosion in Lac-Mégantic, Quebec in early July created a wave of homeowner, auto and commercial insurance claims as adjusters, insurers and brokers descended on the scene to aid victims of the tragedy. In the early morning hours of July 6, a Montreal Maine and Atlantic (MM&A) Railway train carrying 72 carloads of crude […]

July 31, 2013

2 min read

New product allows DNA markings of valuables

After several years of development, a Canadian company is launching a product that uses a consumer’s DNA to mark valuable assets, a tool it says insurers can use to track items after loss or theft. Alastair Russell, CEO of Identa-DNA Corp. began developing the product after several years of selling products from SmartWater, a United […]

July 31, 2013

2 min read

Premiers call for better disaster mitigation

Canada’s premiers are calling on the federal government to create a “distinct Canada-wide disaster mitigation infrastructure initiative,” as well as ensuring liability insurance requirements for railroads are sufficient. The cost for a new mitigation program would be split evening between the provincial/territorial governments and the federal government, the Council of the Federation said in a […]

July 31, 2013

2 min read