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Toronto Transit Commission probes potential future use of automated vehicles

March 24, 2017 by Canadian Underwriter

The Toronto Transit Commission (TTC) is recommending to its board that staff continue to monitor the technological and legislative progress of automated vehicles (AVs) and report back with a recommendation for potential future use of AVs at the transit agency.

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Multi-line brokerage Andrew Agencies Ltd. announces acquisition of McCracken Insurance M.I.L. Ltd.

March 24, 2017 by Canadian Underwriter

Multi-line brokerage Andrew Agencies Ltd. announced on Thursday the acquisition of Airdrie, Alta.-based McCracken Insurance M.I.L. Ltd. Andrew Agencies will acquire McCracken Insurance on April 3, the former said in a press release. The new Airdrie location will be the

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TransCanada gets U.S. State Department’s OK for Keystone XL pipeline

March 24, 2017 The Canadian Press

CALGARY – TransCanada has been granted a presidential permit from the U.S. State Department that allows it to move forward on building the long-delayed Keystone XL pipeline, the latest turn in fortunes for the controversial project. In granting the permit,

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Organizations considering standalone cyber coverage should evaluate risk profile to see if traditional policies are adequate: RIMS

March 24, 2017 by Canadian Underwriter

Organizations considering standalone cyber coverage should carefully evaluate their risk profile and determine whether more traditional policies provide adequate coverage, suggests a newly released report from RIMS, the risk management society. The report, authored by Teri Cotton Santos, a member

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Ottawa promises funding to address risk of food contaminated by listeria, artificial intelligence research

March 24, 2017 by Canadian Underwriter

The federal government is proposing to spend $125 million on a “strategy” for artificial intelligence, to be administered by the Canadian Institute for Advanced Research (CIFAR). “From smartphone applications that can understand human speech to self-driving cars, artificial intelligence is

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Present Canadian approach to wildland/urban interface fires requires “radical and sweeping strategic shift”: ICLR

March 23, 2017 by Canadian Underwriter

The present Canadian approach to wildland/urban interface fires requires a “radical and sweeping strategic shift,” the Institute for Catastrophic Loss Reduction (ICLR) said in a newly released report into the Fort McMurray wildfire. The final report was titled Why some

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Ottawa plans to eliminate tax exemption for farm property insurers, amend anti-money laundering laws

March 23, 2017 by Canadian Underwriter

The federal government said Wednesday it is proposing to eliminate a tax exemption introduced in 1954 for insurance carriers providing property insurance for farming and fishing properties. In its budget document, the ruling Liberals suggested they want to give the

News CatastrophesCommercial LinesInsuranceMarkets / CoveragesPersonal Lines

B.C. government invests over $10.5 million in Fraser Valley flood mitigation

March 23, 2017 by Canadian Underwriter

The province of British Columbia has announced a $10.5 million investment in dike and pump upgrades to the Fraser Valley Regional District’s Nicomen Island diking system as part of more than $80 million in emergency preparedness funding announced on March

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Husky spill in southwest Alberta estimated at 25,000 litres; cleanup going well

March 23, 2017 The Canadian Press

CALGARY – Husky Energy says about 25,000 litres of crude oil leaked from one of its pipelines in southwestern Alberta last week. Spokesman Mel Duvall said in an email to The Canadian Press that cleanup at the site at Cox

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Fire at historic church just outside Halifax a ‘devastating’ blow: member

March 22, 2017 The Canadian Press

NORTH PRESTON, N.S. – Fire has caused extensive damage to a large, historic church considered the cornerstone of a small community just east of Halifax. Firefighters from five stations were called Wednesday at 9:30 a.m. to extinguish a stubborn blaze

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Using air brakes alone increases risk of runaway trains: TSB

March 22, 2017 by Canadian Underwriter

There has been an increase, since 2014, in the number of uncontrolled movements of rail cars, the Transportation Safety Board of Canada warned Wednesday. TSB released Wednesday a report into an incident in 2016 in which a tank car rolled

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St. John’s, Nfld.-based brokerage Cal LeGrow Insurance joins Canadian Broker Network

March 21, 2017 by Canadian Underwriter

Canada’s network of independent insurance brokers, the Canadian Broker Network (CBN), announced on Tuesday that Cal LeGrow Insurance Ltd., from St. John’s, Newfoundland, has joined the network. “We are thrilled to have Cal LeGrow join CBN,” Lorie Phair, managing director