Daily News

Quake rattles southern Greece, widely felt in Athens; no immediate damage reports

ATHENS - An earthquake has rattled southern Greece and was widely felt in the capital, Athens. There were no immediate reports of damage or injury and no tsunami warnings.
Aug 29, 2014 9:12AM


Lawyers for Lac Megantic accused want charges dropped

MONTREAL - Criminal charges against two men accused in the Lac-Megantic tragedy should be dropped, their union and lawyers argued Thursday.
Aug 28, 2014 3:25PM


FBI says it's investigating reports of cyberattacks against U.S. financial institutions

NEW YORK - The FBI said Wednesday it's working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions.
Aug 28, 2014 2:45PM


Cristobal to merge with cold front bringing wind, rain to Atlantic Canada

HALIFAX - Hurricane Cristobal has the North Atlantic in its sights.
Aug 28, 2014 12:23PM


Desjardins reports P&C insurance premiums up 5.4%, while State Farm acquisition expenses hit combined ratio

Desjardins General Insurance Group Inc. announced Thursday its financial results for the three months ending June 30, reporting a 5.4% increase in direct written premiums and an 86% drop in underwriting income over the second quarter last year.
Aug 28, 2014 10:12AM


Intact's preliminary estimate for impact of summer storms up to $120 million

The recent severe hailstorm that hit Airdrie, Alberta accounts for the majority of Intact Financial Corporation’s preliminary estimate of $100 million to $120 million in pre-tax financial impact of catastrophe events in July and so far in...
Aug 28, 2014 9:05AM


Toronto City Council asks province to consider 'limits' on property insurance premium increases

A motion Tuesday from Toronto City Council, asking the Ontario government to consider regulating property insurance premiums, shows "a lack of understanding" of insurance as a "risk transfer mechanism," an official with the Insurance Bureau of...
Aug 27, 2014 3:27PM


Hurricane Cristobal heads toward Bermuda after drenching other islands with heavy rains

SAN JUAN, Puerto Rico - Hurricane Cristobal moved slowly toward Bermuda after drenching Atlantic and Caribbean islands with heavy rains, causing flooding that officials blamed for at least five deaths.
Aug 27, 2014 2:25PM


Global warming already dangerous, risks being irreversible, says new UN global warming report

WASHINGTON - Global warming is here, human-caused and probably already dangerous - and it's increasingly likely that the heating trend could be irreversible, a draft of a new international science report says.
Aug 27, 2014 12:25PM


Disaster losses of $21 billion in first half of 2014 below previous 10-year average: Swiss Re

Insurance carriers covered $21 billion in natural catastrophes and man-made disasters during the first half of 2014, Swiss Re Ltd. reported Wednesday.
Aug 27, 2014 11:42AM


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