Daily News

A.M. Best advises insurers to examine correlated cyber risk

Insurance carriers writing cyber risk need to understand "aggregate exposures," such as exposure of multiple clients to major service providers and "common vectors of attack," A.M. Best Company Inc. suggested in a recent report.
Nov 30, 2015 4:28PM

Utility companies voice cautious support for Alberta climate change plans

CALGARY - Members of Alberta’s utility sector are voicing their support for the NDP government’s climate change plans, including phasing out coal power by 2030.
Nov 30, 2015 3:54PM

2015 underwriting results decline for top U.S. auto insurers: Fitch Ratings

Underwriting profitability for private passenger automobile insurance has deteriorated in 2015 for many writers in the United States, according to credit rating and research firm Fitch Ratings.
Nov 30, 2015 2:47PM

New Lloyd's report examines supply chain management to help understand liability events

A new report from Lloyd’s of London – the world’s specialist insurance and reinsurance market – is scrutinizing the power of supply chain management to understand and quantify liability events.
Nov 30, 2015 1:35PM

The Co-operators discloses carbon footprint of equity investments

The Co-operators Group Limited announced on Monday that it will publicly disclose the carbon footprints of its equity portfolios.
Nov 30, 2015 11:19AM

Intact Financial Corporation announces new climate adaptation centre

Intact Financial Corporation (IFC), Canada’s largest provider of property and casualty insurance, and Ontario’s University of Waterloo announced on Monday the creation of the Intact Centre on Climate Adaptation (ICCA).
Nov 30, 2015 10:36AM

Crawford & Company announces "new simplified operating structure"

Crawford & Company, the Atlanta, Georgia-based independent provider of claims management solutions to insurance companies and self-insured entities, announced a “new simplified operating structure” last week.
Nov 30, 2015 9:34AM

Debt, earnings disconnect leaves mining companies vulnerable: EY

“Market conditions are not showing signs of imminent improvement, and if this doesn’t change, only the fittest will survive,” Lee Downham, Ernst & Young’s global mining & metals transactions leader, cautioned in...
Nov 30, 2015 8:01AM

Toronto politicians to discuss emergency response for nuclear power plants

The question of whether the radius of the "primary response zones," around Ontario nuclear generating facilities, should be increased from 10 to 50 kilometres is on the agenda of a meeting of Toronto politicians scheduled Tuesday.
Nov 28, 2015 7:36PM

Emissions targets stemming from Paris won't be internationally binding: McKenna

OTTAWA – Canada’s environment minister says she’s hoping a durable, legally binding agreement will be reached at next week’s climate summit in Paris.
Nov 27, 2015 3:41PM

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