Topic
Construction
ICLR launches ‘Insurers Rebuild Better Homes’ program to help reduce risk of loss and damage from natural hazards, including wildfire
May 18, 2016 by Canadian UnderwriterThe Institute for Catastrophic Loss Reduction (ICLR) has launched what it’s calling the first program in the world that sets out actions that insurance companies can take to strengthen the disaster preparedness of homeowners by “building back better” homes after…
AIR estimates Fort McMurray wildfire insured losses at between $4.4 billion and $9 billion
May 17, 2016 by Canadian UnderwriterIndustry insured losses from the Fort McMurray wildfire that began May 1 and is still being fought today is estimated at $4.4 billion to $9.0 billion, AIR Worldwide reported late Monday. The catastrophe modelling firm notes the estimate reflects insured…
Contractors say co-ordination needed as focus turns to rebuilding Fort McMurray
May 13, 2016 Ian Bickis - THE CANADIAN PRESSCALGARY – Construction and cleanup firms are already mobilizing to help rebuild Fort McMurray, Alta., after the wildfires, a monumental effort that’s expected to take years. Ben Dutton at the Casman Group of Companies says he has crews heading up…
Catastrophic Fort McMurray wildfire shows need for fire resilience
May 6, 2016 by Canadian UnderwriterThe devastating wildfire in and around Fort McMurray – an event that has been estimated could produce insured losses of as much as $9 billion, becoming the most cost disaster event ever in Canada – clearly illustrates the pressing need…
Alberta, TransAlta reach agreement to protect Calgary and other Bow River communities from flood and drought
April 28, 2016 by Canadian UnderwriterThe province of Alberta has entered into a five-year agreement with power generation and wholesale marketing company TransAlta that will provide flood protection to Calgary, reduce the impacts of drought and help communities adapt to a changing climate. The five-year…
Residential Oil Spills: A Messy Business — Don’t miss it, sign up now! FREE 1 HOUR WEBINAR WEDNESDAY APRIL 27
April 25, 2016 Origin & CauseApril 27th 2016 | Time: 1:00pm – 2:00pm EST Click Here to Register Now Residential oil spills are a high-risk situation for all parties involved; they pose a significant threat to the environment and can prove to be extremely costly.…
Cyber incidents in mining a complex topic for risk managers, mining product development has not kept pace with needs: Munich Re
April 12, 2016 Angela Stelmakowich, EditorSAN DIEGO – It is important for risk managers in the mining sector to understand the most critical scenarios for their companies and to analyze the true impacts of cyber incidents, suggests Günter Becker, head of mining for Munich Re.…
Disasters at ports can cause ‘major accumulated losses across multiple lines of business,’ Swiss Re warns
March 30, 2016 by Canadian UnderwriterFor the second year in a row, Canada had “few natural disasters” in 2015, while the Aug. 12 explosions arising from sodium cyanide in the Chinese port of Tianjin shows that insurers need “more risk mapping in aggregation points,” Swiss…
U.S. Justice Dept. announces charges in dam cyberattack
March 24, 2016 Tami Abdollah and Eric Tucker - THE ASSOCIATED PRESSWASHINGTON – Seven hackers tied to the Iranian government were charged Thursday in a series of punishing cyberattacks on a small dam outside New York City and on dozens of banks – intrusions that reached into American infrastructure and disrupted…
Edmonton Fire Shows why Small Businesses Must be Smart About Insurance
March 22, 2016 April CanadaMillions of small business owners across Canada may be aware of the many risks which would require an insurance claim their companies can face over time. But the thing that many may not consider is that as their companies grow…
“Moving on up” – AssessMed Announces Vancouver Office Move To Heart of Downtown Vancouver
March 21, 2016 AssessMed Inc.Vancouver, BC – “Moving on up” AssessMed is pleased to announce that the company will be moving their entire Vancouver based operations from their current office space in South Granville to a newly renovated office space in the heart of the downtown…
WICC 20th Anniversary Gala Dinner April 6th …Unmasked – 20 Years of Uncovering a Cure
March 21, 2016 WICC (Women In Insurance Cancer Crusade)TORONTO, ON – The Women in Insurance Cancer Crusade (WICC) will be hosting their annual gala dinner at the Westin Harbour Castle on April 6th, 2016, a grand ball in celebration of WICC’s 20th Anniversary. Guests should dress in disguise.…