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Feature Stories and Daily News from Canadian Underwriter

Alberta appeal court rules in favour of Intact in dispute over 'business pursuits' exclusion in farm liability policy

The Court of Appeal of Alberta ruled Friday in favour of Intact Insurance Company in a dispute over an exclusion, for "business pursuits," in a liability policy on a farm property.
Jul 6, 2015


Impact Forecasting calls for more industry-wide catastrophe modelling initiatives

The insurance industry can gain the most useful risk management insights from catastrophe models by collaborating to innovate, suggests Aon Benfield.
Jul 6, 2015


Desjardins usage-based auto app now available on Apple Watch

Desjardins General Insurance Group Inc. announced Monday its mobile app for usage-based auto insurance is now available on the Apple Inc.’s recently-launched computerized wristwatch.
Jul 6, 2015


Saskatchewan to get military help battling wildfires

REGINA - Close to 1,000 military personnel are on their way to help fight wildfires in Saskatchewan.
Jul 6, 2015


Ontario court sides with Uber in legal battle with City of Toronto

TORONTO - An Ontario judge has sided with the ride-hailing service Uber in its legal dispute with the City of Toronto.
Jul 5, 2015


2015 Q1 reinsurance capital up 1% to US$580 billion from end of 2014

Reinsurance capital inched up 1% to US$580 billion for the first quarter of 2015 compared with the end of 2014, in part aided by continued light catastrophe activity, notes a new report from Aon Benfield.
Jul 3, 2015


Wildfires prompt special air quality statements

Wildfires in western and northern Canada have prompted special air quality statements to be issued for areas of the country stretching from the Northwest Territories to Ontario.
Jul 3, 2015


Wildfire prompts evacuation order for Fort Nelson, B.C. oil and gas facility

FORT NELSON, B.C. - A municipality in northeastern British Columbia has declared a local state of emergency and issued an evacuation order for an oil and gas facility due to a nearby wildfire.
Jul 3, 2015


Earthquake kills six, damages thousands of structures in China

BEIJING - A magnitude-6.5 earthquake shook China's far-western region of Xinjiang on Friday, killing six people and damaging or collapsing thousands of buildings, authorities said.
Jul 3, 2015


Moody's affirms debt ratings of ACE Group with stable outlook

Moody’s Investors Service has affirmed the A3 senior debt rating of ACE INA Holdings Inc. with a stable outlook following the announcement that ACE has agreed to acquire all outstanding shares of The Chubb Corporation for approximately...
Jul 3, 2015


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