Daily News

Federal bill increasing absolute liability to $1 billion for nuclear operators, offshore energy, passes Senate

Canada's Energy Safety and Security Act - which increases to $1 billion the absolute liability for nuclear operators and offshore petroleum producers - recently passed third reading in the Senate, paving the way for the bill to be signed into...
Mar 4, 2015 5:54PM


Pipeline explodes in Fort Saskatchewan after being hit by track hoe, no injuries reported

FORT SASKATCHEWAN, Alta. - Fire crews are trying to determine what kind of gas is leaking in an industrial area east of Edmonton following what is being called a small pipeline breach and explosion.
Mar 4, 2015 4:24PM


Cybersecurity awareness top of mind for internal auditors: Protiviti

A study from global consulting firm Protiviti said that while many organizations rate themselves as less than “very effective” at addressing their cybersecurity risks, the results are significantly better for organizations in which...
Mar 4, 2015 4:12PM


Cyber attacks and data loss key concerns for supply chain relationships

Third-party security is a top business concern for enterprises, but there is a steep disconnect in resources available to adequately and objectively manage this security, suggested a new study released on Tuesday.
Mar 4, 2015 2:58PM


Extreme cold in eastern North America fourth-costliest natural catastrophe in 2014: Munich Re

The unusually cold winter last year in the eastern United States and Canada was the fourth costliest natural catastrophe worldwide in 2014 for the insurance industry, while a hail storm that hit Airdrie, Alberta last August made Munich...
Mar 4, 2015 1:09PM


Totten Insurance Group acquires Quebec-based wholesaler National Brokerage Services

Totten Insurance Group, a national insurance managing general agency, announced on Wednesday that it has acquired the shares of National Brokerage Services S.C.N. Inc. (NBS), a Montreal-based commercial insurance wholesaler.
Mar 4, 2015 11:30AM


Airlines ban rechargeable battery shipments as evidence of fire, explosion risks mount

WASHINGTON - Some of the world’s largest airlines are banning bulk shipments of rechargeable batteries in the face of mounting evidence of their potential to cause catastrophic in-flight fires.
Mar 4, 2015 10:26AM


Falling oil prices a top political risk in emerging markets: Aon risk map

Aon Risk Solutions’ 2015 Political Risk Map, which portrays risks in emerging markets, shows that the top political risk is the increasing instability in already-fragile oil-producing countries as a consequence of the low oil price.
Mar 4, 2015 9:28AM


Global insurance rates decrease for the seventh consecutive quarter

The Marsh Global Insurance Index showed rate decreases for the fourth quarter of 2014 compared to the fourth quarter of 2013, marking the seventh consecutive quarter of decline.
Mar 3, 2015 4:22PM


Unica, Independent Broker Resources launch telematics for commercial auto insurance customers

Unica Insurance Inc. and Independent Broker Resources Inc. (IBRI) announced Tuesday that Unica is endorsing Fleetadvisor, a commercial auto insurance product announced by IBRI in January.
Mar 3, 2015 3:56PM


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