Canadian Underwriter

Topic Catastrophes

News Catastrophes

Manure spill not a threat to Kingston

August 19, 2005 by Canadian Underwriter

More than 11 million litres of liquid manure recently spilled into Black River in the northern area of New York initially posing a concern to Kingston, ON city officials.President and CEO of Utilities Kingston Jim Keech says he is monitoring

News CatastrophesMergers and Aqcuisitions

Tropical storms to reach record levels

August 15, 2005 by Canadian Underwriter

A record number of tropical storms may result from the 2005 North Atlantic hurricane season, according to Tropical Storm Risk (TRS) – led by University College London’s Benfield Hazard Research Centre.Approximately 22 tropical storms, TSR reports, may form in the

News Catastrophes

Alberta Environmental Protection Commission forms

August 15, 2005 by Canadian Underwriter

An Environmental Protection Commission was recently formed to perform reviews and make recommendations regarding Alberta’s ability to respond to environmental incidents, according to Alberta Environment Minister Guy Boutilier.Although the suggestion of the Commission was just recently evoked, Boutilier says it

News Catastrophes

No-fly lists implemented in Canada

August 10, 2005 by Canadian Underwriter

A new policy bestows airport personnel with the power to turn suspicious travelers away and ban from all them from all Canadian flights without explanation, according to Transportation Minister Jean Lapierre.An anti-terrorism plan will also be initiated according to Lapierre

News CatastrophesMergers and Aqcuisitions

Fire in the Okanagan forces evacuation

August 10, 2005 by Canadian Underwriter

A recent wild fire ravaging an Okanagan sagebrush field just a few 100 metres away from Oliver city, B.C., has forced many residents to flea their homes. The fire quickly grew to 500 hectares before air tankers began to fight

News Catastrophes

Potential hazardous chemical found at CN derailment

August 9, 2005 by Canadian Underwriter

A Government of Alberta investigation at the site of the recent CN train derailment near Wabamun has uncovered evidence that a hazardous chemical might have leaked into Lake Wabamun. As a precaution, area residents are being told to avoid using

News Catastrophes

Toxic spill “poisons” B.C. river

August 8, 2005 by Canadian Underwriter

A Canadian National tank car that recently derailed causing toxic chemicals to spill into the Cheakamus River.The possible cause of the derailment may be a faulty section of track, according to Canadian National officials. The damaged track was removed for

News Catastrophes

Investigators lack tools to decode Flight 358’s black boxes

August 5, 2005 by Canadian Underwriter

Canada’s Transportation Safety Board investigators examining the recent Air France Flight 358 crash at Toronto’s Pearson International Airport are not able to analyze the black box flight recorders because the appropriate tools to decode it are not available. Instead, the

News Catastrophes

Terrorism backstop likely reality

July 15, 2005 by Canadian Underwriter

A federal terrorism insurance backstop is likely to be implemented but observers say it may not be as thorough as the 2002-implemented Terrorism Risk Insurance Act, ending Dec. 31.Under testimony the Treasury Secretary John W. Snow says the Bush administration

News Catastrophes

Hurrican Emily upgraded to Category 3

July 14, 2005 by Canadian Underwriter

The National Hurricane Center recently upgraded Hurricane Emily to a dangerous Category 3 storm, and Jamaica issued a hurricane watch for the island.The Dominican Republic and Haiti issued a tropical storm warning for much of the island they share. A

News Catastrophes

Canada not fully prepared for terrorist attack (July 12, 2005)

July 12, 2005 by Canadian Underwriter

Almost immediately after London’s deadly terrorist bombings, Canada’s 24-hour emergency preparedness system kicked into effect and worked as intended. However, in a recent speech at an international conference on disaster management, federal public safety Minister Anne McLellan also highlighted the

News CatastrophesMergers and Aqcuisitions

What’s New: In brief (July 12, 2005)

July 12, 2005 by Canadian Underwriter

B.C. Ferries are continuing to experience trouble with vessels, as another ferry recently lost power last night while approaching a berth in the southern Gulf Islands. Before it docked at Sturdees Bay on Galliano, the Queen of Cumberland lost three