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Feature Stories and Daily News from Canadian Underwriter

Alberta applies full fire ban to provincial forests

Effective noon Monday, Alberta has implemented a full fire ban for all forests in the province.
May 25, 2015

B.C. mayor declares emergency, orders evacuations following violent flooding

CACHE CREEK, B.C. - The mayor of a British Columbia village has declared a state of emergency and ordered dozens of residents to leave their homes after a violent storm tore through the province’s Interior, leaving a trail of flooding and...
May 25, 2015

Jardine Lloyd Thompson to open Halifax office serving construction, healthcare, real estate

Commercial insurance brokerage Jardine Lloyd Thompson Canada Inc. announced Monday it will be opening a new regional office in Halifax.
May 25, 2015

Slight uptick in buying cyber insurance, but still very low at 8%

There has been a slight uptick in organizations buying cyber insurance, but with that level still far below where it should be, industry partners should consider focusing on prevention and mitigation to raise awareness and illustrate need among...
May 25, 2015

Institute for Catastrophic Loss Reduction to host wildfire and hurricane forecasts on June 8

The Institute for Catastrophic Loss Reduction (ICLR) in Toronto will be hosting its annual Forecast Webinar 2015: Wildfire and Hurricane Seasons on June 8 at 10 a.m. EDT.
May 25, 2015

The Co-operators launches overland flood insurance in Alberta

Co-operators General Insurance Company announced on Monday that it has launched new insurance coverage for overland flooding in Alberta.
May 25, 2015

Stark consequences of a single failure illustrate importance of new era cyber protections

The significant impact a single failure can have in an environment of quickly advancing interconnectedness and interdependency on the Internet demands a new way of thinking about cyber security, argues Ray Boisvert, president and CEO of I-Sec...
May 24, 2015

Major oil spill could cost Vancouver's economy $1.2 billion: city report

Vancouver’s economy could suffer a $1.2-billion blow in case of a major oil spill caused by Kinder Morgan’s Trans Mountain pipeline expansion, concludes a new report released by the city.
May 22, 2015

Urgent need for action on climate change, Suncor Energy CEO says

Despite not having all the answers on climate change, there is a pressing need to take action, Steve Williams, president and CEO of Suncor Energy, said in his keynote address at a panel discussion about the future of Alberta’s climate...
May 22, 2015

PartnerRe asking shareholders to approve merger with Axis Capital

PartnerRe Ltd. announced Friday it plans to "proceed to shareholder approval" of a proposal to merge with competitor Axis Capital Holdings Ltd., but Italian investment firm EXOR S.p.A. argues that EXOR’s all-cash US$6.8-billion offer to...
May 22, 2015

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