Specialist freight transport insurer TT Club has issued specific guidance on packing and securing coiled materials in containers in a bid to prevent the costly and potentially injurious consequences of improperly secured coils. Investigations into incidents along the international supply…
“Sitting on the sidelines is not an option while climate change threatens our future,” Vancouver Mayor Gregor Robertson emphasized last week in announcing the city’s next moves to prepare for sea level rise over the next century. “The massive costs…
Nearly two million homes in Florida, North and South Carolina and Georgia are risk of storm surge damage from Hurricane Matthew as it makes its way toward the United States’ Atlantic Coast, according to new data from CoreLogic, Inc. On…
The emergency payment program that has helped approximately 96,000 Wood Buffalo evacuees, forced from their homes in the wake of the massive Fort McMurray wildfire this past May, is ending Oct. 31. The program – which has provided wildfire relief…
The current flash estimate of insured losses associated with Hurricane Hermine – likely to produce in excess of 50,000 claims – approaches US$500 million, with total economic damages almost US$1 billion, Karen Clark & Company (KCC) reported Friday. “The storm…
The recent earthquakes in Italy and Myanmar are a warning to homeowners and business owners in regions that may also be at risk to consider purchasing earthquake insurance, notes the Insurance Information Institute (I.I.I.). Just 10% of homeowners in the U.S. have…
WINDSOR, Ont. – More than a dozen homes were damaged and at least three people injured Wednesday evening amid multiple reports of a possible tornado touching down in southwestern Ontario. Environment Canada said an eyewitness saw a tornado near LaSalle,…
WINDSOR, Ont. – Multiple reports of a possible tornado touching down in southwestern Ontario flooded social media as a wild storm passed through Wednesday evening. Video of the funnel cloud forming over LaSalle from @TheWindsorStar reader Katie Lynn Maheux #YQG…
A severe storm that swept through southern Alberta and Saskatchewan in the third week of July has prompted an insured damage estimate of almost $65 million, reports Insurance Bureau of Canada (IBC), based on figures provided by Catastrophe Indices and…
Costs associated with the wildfire that ravaged parts of Alberta’s Wood Buffalo region this past May, coupled with the impact of ongoing low oil prices, has set the provincial government on a continuing cautious course to its finances. “In the…
Emergency team members have been dispatched to help employees and communities affected by the tornado that damaged and shut down Canadian Solar’s solar cell factory in China, although it is not anticipated the event will have a material impact on…
A voluntary evacuation of homes and cottages in southern Manitoba near the Ontario border remains in effect several days after a heavy rain event caused flooding and road washouts. Manitoba Sustainable Development (MSD) said in a press release on Monday…