Daily News

Ontario's 75 utilities hinder rise of electric cars: experts

Ontario's overabundance of utility firms may pose a major roadblock to the province's plan to boost electric car ownership, some experts say.
Jul 28, 2014 1:12PM


Everest Re Group reports second quarter increase in net income

Everest Re Group, Ltd. last week reported second quarter 2014 net income of US$290.2 million and net income of US$584.1 million for the six months ended June 30, 2014.
Jul 28, 2014 11:57AM


More than 4,000 without power in southwestern Ontario after storm hits area

GRAND BEND, Ont. - More than 4,000 Hydro One customers in the Grand Bend area remained without power Monday after a storm ripped through southwestern Ontario, the utility said.
Jul 28, 2014 10:34AM


Third of polled U.K. business drivers uninsured for job-related miles

About a third of polled drivers in the United Kingdom who drive as part of their jobs are uninsured for business miles, note recent survey results from telematics company Masternaut.
Jul 25, 2014 12:06PM


MAPFRE reports North America profit of $51.2 million for first half of 2014

Global insurance group MAPFRE has reported a profit of $51.2 million in North America for the first half of the year, on a premium volume of $1.3 billion.
Jul 25, 2014 11:32AM


U.S. Fukushima report tells nuke industry to think more often about worst case scenarios

WASHINGTON - A U.S. science advisory report says Japan's Fukushima nuclear accident offers a key lesson to the nation's nuclear industry: Focus more on the highly unlikely but worst case scenarios.
Jul 25, 2014 10:55AM


Tensions over flooding and man made ditches rise across provincial boundary

WINNIPEG - Water levels may have dropped on both sides of the Manitoba-Saskatchewan boundary, but tensions between farmers have not.
Jul 25, 2014 10:20AM


Allied World's net income for Q2 at $151.9 million, up from loss in same quarter of 2013

Allied World Assurance Company Holdings, AG reports that its net income for the three months ended June 30, 2014 was US$151.9 million compared to a net loss of US$1.9 million for the same quarter in 2013.
Jul 25, 2014 9:23AM


Alberta spends $80 million to buy out homes located on designated floodways

CALGARY - The Alberta government says it has spent nearly $80 million to buy 71 homes from people in designated floodways as part of its Floodway Relocation Program.
Jul 25, 2014 9:06AM


Oil train cars derail at Seattle rail yard; no spill, but some alarmed

SEATTLE - Nothing spilled when three tanker cars in an oil train derailed at rail yard in Seattle early Thursday, but it alarmed environmentalists.
Jul 24, 2014 3:05PM


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