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Alberta considering changes to impaired driving legislation

August 21, 2017 by Canadian Underwriter

The Government of Alberta has announced that it will “look at implementing changes” to impaired driving legislation in the province following a recent Court of Appeal of Alberta decision. On May 18, 2017, the Court of Appeal ruled that part

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Vehicle and equipment dealerships in Alberta authorized to sell gap insurance

June 12, 2017 by Canadian Underwriter

The Alberta Insurance Council (AIC) has announced that its General Insurance Council (GIC) has approved the issuance of a restricted certificate of authority authorizing both vehicle and equipment dealerships to sell gap insurance. Gap insurance is property insurance that covers

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Report into Fort McMurray wildfire cites communications breakdown in early days

June 9, 2017 Dean Bennett - THE CANADIAN PRESS

EDMONTON – A report into the Fort McMurray wildfire cites critical communications breakdowns as the fire swept into the municipality and forced thousands to flee. Independent consultants that produced the report for the province noted that in the early days

News CatastrophesClimate ChangeConstructionInsuranceMergers and Aqcuisitions

Government of Alberta invests in debris dam to protect homes, businesses and infrastructure in Canmore

May 29, 2017 by Canadian Underwriter

The Government of Alberta announced on Friday that it is investing an additional $10.3 million to protect homes, businesses and infrastructure in Canmore. The money represents the final funding towards a $48.6-million debris dam at Cougar Creek and is part

News CatastrophesClimate ChangeConstructionInsuranceMergers and Aqcuisitions

New FireSmart Home Development Guide targets Canadian wildfire resiliency

May 5, 2017 by Canadian Underwriter

FireSmart Canada, in partnership with The Co-operators, has developed a new resource to help Canadian residents make their homes more resilient to wildfire. The FireSmart Home Development Guide, which will become part of the FireSmart Home Partners Program, outlines specific

News CatastrophesInsurance

Wildfire Community Preparedness Day gearing up one year after Fort McMurray

May 4, 2017 by Canadian Underwriter

One year after the Fort McMurray wildfire started and eventually became Canada’s costliest natural disaster, community groups across the country are gearing up to taking part in the third annual Wildfire Community Preparedness Day (WCPD) to take measures to reduce

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Alberta government provides $15M a year for FireSmart program, up from $3.8M last year

April 17, 2017 by Canadian Underwriter

The Government of Alberta has announced it is providing $15 million a year for its FireSmart program, up from $3.8 million last year, to help communities boost their wildfire protection activities. FireSmart uses preventative measures to reduce wildfire threat to

News CatastrophesClimate ChangeConstructionInsuranceMarkets / CoveragesMergers and Aqcuisitions

Government of Alberta boosts Calgary’s flood resilience with $13.4 million investment

April 12, 2017 by Canadian Underwriter

The Government of Alberta announced on Wednesday that it is investing about $13.4 million to help the City of Calgary boost its flood readiness. Six provincial grants are part of $63 million earmarked in Budget 2017 to help Alberta communities

News CatastrophesConstructionInsurance

Government of Alberta advances Disaster Recovery Program funding to help with Fort McMurray uninsurable costs

February 24, 2017 by Canadian Underwriter

The government of Alberta announced on Thursday that it is advancing $20 million in Disaster Recovery Program funding to help with uninsurable costs related to the Fort McMurray wildfire. The funding is intended to help with uninsurable costs, such as

News CatastrophesInsurance

Government of Alberta announces additional $45 million for flood and drought protection

December 19, 2016 by Canadian Underwriter

The government of Alberta has announced an additional $45 million in funding for flood and drought protection. Over the next four years, the government will invest an additional $31 million in the Alberta Community Resilience Program (ACRP) and $14 million

News CatastrophesInsuranceLegislation / RegulationMergers and Aqcuisitions

Alberta government introduces bill aimed at reducing human-caused wildfires and enhancing firefighting operations

November 1, 2016 by Canadian Underwriter

The government of Alberta announced on Monday that it has tabled a bill introducing measures aimed at reducing the number of wildfires caused by humans and enhancing firefighting operations in the province. Bill 24, the Forest and Prairie Protection Amendment

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Aon supports Alberta’s move to give the green light to ridesharing insurance

July 6, 2016 by Canadian Underwriter

Aon Risk Solutions is offering tailor-made personal line insurance policies that recognize ridesharing to the hundreds of Uber drivers who require coverage in Alberta. There are no restrictions related to driver age, years licensed or the amount of weekly ridesharing