Keyword
Discharges, Releases, Spills
Supreme Court of Canada will not hear appeal over commercial general liability policy with pollution exclusion
January 18, 2016 by Canadian UnderwriterThe Supreme Court of Canada will not hear an appeal from a Vancouver-area electroplating business that was unsuccessful it getting its insurer to defend it against lawsuits arising from a fire under a commercial general liability (CGL) policy with a…
Cracks in track led to train derailment in Banff, coal waste in river: report
November 26, 2015 The Canadian PressBANFF, Alta. – The Transportation Safety Board has determined that a fractured piece of railway track caused a derailment last year that sent coal ash waste into a creek in Banff National Park. A report released Thursday found that a…
Pollution Liability
August 1, 2015 Greg Meckbach, Associate EditorEnvironmental clean-up can cost millions of dollars, regulators sometimes force innocent organizations and individuals to pay for remediation and general liability policies do not always cover pollution risks. To be prepared, risk managers should assume their organizations have at least some environmental exposure.
Ports of Call
March 1, 2015 Thomas Ptacek, Senior Vice President, Marsh USA Inc.; and George Boire, Environmental Practice Leader, Marsh Canada LimitedWith the growth in oil traffic activity, environmental risks at ports and terminals are also on the rise. That said, a solid understanding of current conditions and potential risks can help with identifying what insurance solutions will help address and minimize any related loss.
De-railed
March 1, 2015 Angela Stelmakowich, EditorSeeking ways to better manage the risks associated with oil-by-rail transport – as well as to deal with the often negative and costly fallout from derailments, collisions or worse – is gaining momentum in Canada. Ottawa looks to be moving…