Canadian Underwriter

Topic Environmental

A First Nation in Sarnia, Ont. has had repeated exposure to benzene
News ClaimsCommercialEmerging RisksEnvironmentalOntarioProperty

Minister seeking ways to end benzene exposure from chemical plant

April 26, 2024 by Mia Rabson – The Canadian Press

Environment Minister Steven Guilbeault is looking for options to protect a southern Ontario First Nation from repeated exposure to benzene from a nearby chemical plant, as the plant issues a new warning about air pollution. Leaders from Aamjiwnaang First Nation

Burnt trees in Saprae Creek near Fort McMurray following 2016 wildfire.
News AlbertaCatastrophesClaimsClaims Canada ArchiveEnvironmentalInsurersPersonal Home

Is Fort McMurray still insurable?

April 26, 2024 by Jason Contant

Editor’s note: An earlier version of this article incorrectly stated that the 2016 Fort McMurray wildfire cost nearly $6 billion in insured damage, citing 2016 loss totals for that year from Insurance Bureau of Canada. However, the $6 billion total

Trees burned by the Bush Creek East wildfire in Squilax, B.C. last September
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Fire bans announced in B.C. and Alberta as more than 170 wildfires burn

April 25, 2024 by The Canadian Press

Tactical evacuations have started in northeastern British Columbia as wildfires tear through the area. An update from the B.C. Wildfire Service Wednesday night said efforts are focused on protecting public life and safety in the Peace River Regional District and

Wildfire in Cariboo region of B.C.
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‘Trees going up like Roman candles’ as fire season starts early in B.C., Alberta

April 23, 2024 by The Canadian Press

Susanne Langan first noticed the Burgess Creek wildfire from her home in British Columbia’s Cariboo region on Saturday afternoon as a distant, thin column of smoke. But as winds picked up that night, the flames became more aggressive. “I could

Spot fires flaring up along highways leading into Hay River, Fort Smith and Yellowknife.
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Flood and fire preparedness measures underway in N.W.T. town

April 22, 2024 by The Canadian Press

The Town of Hay River has been through a lot over the last couple of years, having first contended with serious flooding in 2022 and then devastating wildfires in 2023.  With the memories of those crises still fresh in the

Oil and gas industry plant in the winter
News AlbertaCommercialEnvironmentalProperty

Report suggests little progress in first year of Alberta’s emissions reduction plan

April 19, 2024 by The Canadian Press

A survey from a clean energy think-tank says Alberta has done little to implement its plan to reduce its greenhouse gas emissions. The Pembina Institute has examined the measures included in the province’s plan released one year ago. It says

A wildfire in Enterprise, NWT
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Wildfire clean-up continues in Enterprise, NWT

April 17, 2024 by Tom Taylor, Local Journalism Initiative Reporter, NWT News/North – The Canadian Press

Enterprise’s 2024 spring carnival was a sorely needed opportunity for celebration in a community that has been through more than most over the last few months. “It was just great fun,” said Sandra McMaster, who became the community’s new mayor

Two volunteer firefighters died during spring floods in May 2023
News ClaimsClaims Canada ArchiveEnvironmentalPersonal HomeQuebec

Coroner’s inquest opens into Quebec firefighter flood deaths in May 2023 

April 15, 2024 by The Canadian Press

A coroner’s inquest is underway into the deaths of two volunteer Quebec firefighters who perished during a flood rescue last May in the Charlevoix region.  Coroner Andrée Kronström is hearing from witnesses at the courthouse in La Malbaie, Que., during

Net zero and carbon neutral concept - reducing greenhouse gas emissions
News ClaimsClaims Canada ArchiveEnvironmentalMGAs

Carbon insurance: Bigger than cyber?

April 10, 2024 by Jason Contant

The global voluntary carbon market (VCM) is expected to show “hockey stick growth” over the next few decades, representing a dramatic opportunity for the insurance industry. “Look at the cyber market now in insurance — it’s the new big thing,”

A fire burning across the lake in Osoyoos, B.C.
News AlbertaB.C.CatastrophesClaimsEnvironmentalManitobaOntarioPersonal HomeQuebecSaskatchewan

Drought, heat raise risk of repeat of last summer’s record-breaking wildfires

April 10, 2024 by The Canadian Press

Persistent drought and months of above-average temperatures have raised the risk of a repeat of last year’s record-breaking wildfires. Federal officials say conditions are already ripe for an early and above-normal fire risk from Quebec all the way to British

Concept of carbon credits and net-zero emissions
News CatastrophesClaimsClaims Canada ArchiveEmerging RisksEnvironmental

Why this MGA is betting on carbon insurance

April 9, 2024 by Jason Contant

Specialist insurance provider CFC has entered the voluntary carbon market (VCM) with the launch of a carbon delivery insurance product that safeguards the purchase of carbon credits. VCMs are decentralized markets in which individuals or organizations buy credits to voluntarily

Heavy rainfall prompting flooding
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Heavy rain causes flooding, damage in Newfoundland

April 9, 2024 by Sanuda Ranawake, Local Journalism Initiative Reporter, The Telegram – The Canadian Press

Heavy rain over the weekend brought a mix of localized flooding, washouts, and slides to much of the west coast of Newfoundland. In Lark Harbour, there were no washouts, but damage to houses, trails, and some roadways. For some residents