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Saskatchewan announces new agriculture drainage regulations

September 2, 2015 by Canadian Underwriter

Saskatchewan’s Minister responsible for the Water Security Agency (WSA), Herb Cox, announced on Tuesday new drainage regulations, the first phase of an agricultural water management strategy that recognizes the benefits of benefits and the importance of mitigating negative impacts. A

News CatastrophesInsurance

Wildfires take toll on Alberta, Saskatchewan finances

September 1, 2015 by Canadian Underwriter

Alberta has released its 2015-16 first quarter fiscal forecast, which reflects higher-than-anticipated costs for fighting wildfires and drought. The first quarter forecast shows an increase of $456 million for disaster assistance, including agricultural drought relief and wildfire fighting costs, over

News CatastrophesInsurance

B.C. LNG industry will increase fracking caused earthquakes: expert

September 1, 2015 Laura Kane -THE CANADIAN PRESS

VANCOUVER – If the liquefied natural gas industry proceeds as the British Columbia government hopes, there could be five times as many fracking-caused earthquakes, warns one expert. But the company that would provide gas to a major LNG terminal –

Feature Catastrophes

Eye of the Storm

September 1, 2015 Angela Stelmakowich, Editor

Hurricane Katrina, the single event that has come to represent incredible loss inflicted by two challenging hurricane seasons, has twisted and turned its way into a somewhat surprising legacy. From risk management to preparedness and catastrophe modelling, the eye of the storm has been refocused on a number of lasting positives.

News CatastrophesInsurance

Majority of U.S. small business owners have no disaster recovery plan or business interruption insurance: study

August 31, 2015 by Canadian Underwriter

Three out of four small business owners in the United States do not have a disaster recovery plan, and more than half (52%) say it would take at least three months to recover from a disaster, according to a new

News CatastrophesInsuranceMergers and Aqcuisitions

Risk of catastrophic storm surge in the U.S. Gulf Coast remains 10 years after Katrina: AIR Worldwide

August 31, 2015 by Canadian Underwriter

Ten years after Hurricane Katrina – the most costly natural disaster ever faced by the insurance industry and one of the most powerful storms to strike the United States Gulf Coast – the risk of catastrophic storm surge remains, according

News CatastrophesInsuranceMergers and Aqcuisitions

Poor air quality ratings in Saskatchewan expected to remain in effect on Monday: Environment Canada

August 31, 2015 by Canadian Underwriter

Poor air quality ratings in Saskatchewan are expected to remain in effect “at times” on Monday, Environment Canada said on Sunday. Air quality readings have improved over the southern part of the province in the past few days as an

News CatastrophesInsuranceMergers and Aqcuisitions

Smoke grounds aircraft battling big wildfires east of Cascade Range in Washington state

August 28, 2015 Nicholas K. Geranios - THE ASSOCIATED PRESS

SPOKANE, Wash. – Smoke from big wildfires burning east of the Cascade Range grounded helicopters and airplanes that have been battling the flames in Washington state. The dense smoke also was causing respiratory problems for people far from the fire

News CatastrophesInsuranceMergers and Aqcuisitions

Manitoba’s chief provincial public health officer issues wildland fire smoke advisory for province

August 28, 2015 by Canadian Underwriter

Just days after Alberta Health Services issued an air quality advisory for Edmonton, Manitoba’s chief provincial public health officer is warning that “most of the province is expected to experience some level of haze over the weekend.” Dr. Michael Routledge

News CatastrophesInsuranceMergers and Aqcuisitions

Florida governor declares state of emergency in preparation for Tropical Storm Erika

August 28, 2015 by Canadian Underwriter

Florida Governor Rick Scott has declared a state of emergency in preparation for the arrival of Tropical Storm Erika. The tropical storm recently spread heavy rains and gusty winds into the Dominican Republic, according to the United States’ National Hurricane

News CatastrophesInsurance

Intact must defend construction company over lawsuit arising from fire: Court

August 28, 2015 by Canadian Underwriter

Intact Insurance Company has a duty to defend a construction firm sued for negligence, over a restaurant damaged by fire eight years after the policy was in effect, an Alberta court recently ruled. Court records indicate that ING Western Union

News CatastrophesInsuranceMergers and Aqcuisitions

Expected heavy rainfall in Vancouver increases risk of flash flooding, Environment Canada warns

August 28, 2015 by Canadian Underwriter

Environment Canada has issued a special weather statement for the Metro Vancouver area, warning that heavy rainfall in the region over several days increases the risk of flash flooding. Environment Canada said in the statement on Friday that a “major