Daily News

At least 36 dead, 7 missing in landslides in Hiroshima in western Japan

TOKYO - Rain-sodden slopes collapsed in torrents of mud, rock and debris Wednesday in the outskirts of Hiroshima, killing at least 36 people and leaving seven missing, police said.
Aug 20, 2014 11:08AM

Insured damages from summer floods in Prairies pegged at over $60 million

Insured damage from heavy rains and high winds across southern Saskatchewan and Manitoba in late June and early July is estimated at $60 million, according to Property Claim Services (PCS), the Insurance Bureau of Canada reported Wednesday.
Aug 20, 2014 10:52AM

As fear of Ebola rises, streets of Liberian capital empty out, security forces quarantine slum

MONROVIA, Liberia - Security forces blocked off a seaside slum in Liberia's capital Wednesday, stepping up the government's fight to stop the spread of Ebola, unnerving residents and reportedly sparking a protest.
Aug 20, 2014 10:27AM

Improvements to vessel capabilities, support services key to future of Arctic navigation: Marsh

Arctic shipping routes offer the global maritime community an attractive alternative to existing trade routes – and are increasingly relevant to the oil and gas sector – but also present risks, suggests a report issued Tuesday by...
Aug 20, 2014 9:34AM

A.M. Best revises reinsurance outlook to negative, citing ongoing market challenges

Rating agency A.M. Best Co. has revised its outlook for the reinsurance sector to negative, the firm said in a briefing issued Tuesday.
Aug 19, 2014 3:44PM

Nova Scotia Power blames worse than predicted storm for outage response problems

HALIFAX - Nova Scotia Power says higher than forecast winds in areas with an abundance of roadside trees were among the challenges it faced in restoring electricity to tens of thousands of customers following post-tropical storm Arthur.
Aug 19, 2014 2:41PM

Supreme Court denies insurer leave to appeal ruling on auto insurance family protection endorsement

The Supreme Court of Canada recently dismissed an application, from Lombard General Insurance Company of Canada, for leave to appeal a court ruling against Lombard over the limitation period on claims under the Ontario auto family protection...
Aug 19, 2014 2:09PM

Potential cost of earthquakes up, U.S. homeowners with related insurance coverage down

Just 7% of homeowners in the United States have earthquake insurance despite updated maps from the U.S. Geological Survey (USGS) showing that some areas of the country are at risk of earthquakes and the potential associated costs are also on...
Aug 19, 2014 1:31PM

Lax safety measures contributed to Lac-Mégantic disaster, TSB report says

LAC-MEGANTIC, Que. - The Transportation Safety Board of Canada says many factors contributed to the Lac-Megantic train derailment in 2013, including lax safety measures at the company that owned the runaway train.
Aug 19, 2014 10:56AM

Quakes triggered by drilling waste seem weaker than natural ones, study says

WASHINGTON - Man-made earthquakes, a side effect of some high-tech energy drilling, cause less shaking and in general are about 16 times weaker than natural earthquakes with the same magnitude, a new U.S. study found.
Aug 19, 2014 10:31AM

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