Canadian Underwriter

Topic Environmental

News AlbertaEnvironmentalLiability

Abandoned oil and gas wells will be cleaned up despite backlog: Alberta regulator

May 31, 2021 by Bob Weber - THE CANADIAN PRESS

EDMONTON – There’s lots of life in Alberta’s conventional oil industry and plenty of resources and political will to clean up the mess it leaves behind, says the head of the province’s energy regulator. “Will there be halcyon-days growth in

News B.C.ClaimsEmerging RisksEnvironmentalInsurers

Fracking likely to create stronger, more common earthquakes in B.C., study says

May 26, 2021 by Bob Weber - THE CANADIAN PRESS

More damaging earthquakes can be expected more often in northern British Columbia as fracking oil and gas wells increases pressure underground, says newly published research. “It makes earthquakes more common and it makes larger ones more common,” said Allan Chapman,

News ClaimsClaims Canada ArchiveClaims ProfessionalsCommercialEnvironmentalLiabilityLoss TrendsMGAsRisk Managers

Pollution coverage gaps your clients may not know about

May 21, 2021 by Greg Meckbach

The cost of cleaning up after spills of petroleum, oil, or other contaminants may not be covered under your client’s liability or property policy, a managing general agent warns. Many clients are exposed to pollution risk but are not necessarily

News AlbertaEmerging RisksEnvironmentalLiability

Study finds abandoned oil and gas wells place unfair burden on landowners, taxpayers

May 20, 2021 by The Canadian Press

CALGARY – The costs of Alberta’s growing stock of abandoned and inactive oil and gas wells are falling unfairly on landowners and taxpayers, says a report from the University of Calgary. “Landowners have been left behind,” said Braeden Larson of

News AlbertaB.C.EnvironmentalInsurers

Trans Mountain pipeline operator wins fight to avoid naming its insurance companies

April 30, 2021 by The Canadian Press

CALGARY – The Canada Energy Regulator says it has decided to grant a request by the operator of the Trans Mountain pipeline to protect the identity of its insurers in its regulatory filings. In a ruling, the federal regulator says

News AlbertaEnvironmentalLiability

Study says easing rules on transfer of unreclaimed oil wells could speed cleanup

April 26, 2021 by The Canadian Press

CALGARY – A report says Alberta should lower regulatory barriers that discourage businesses from reusing abandoned oil and gas wells. The Canada West Foundation and Energy Futures Lab say that could include allowing companies to sell off defunct energy infrastructure

News B.C.ClaimsEnvironmentalLiabilityRisk Managers

Alarms being installed on B.C. river and dam following fatal water release

April 22, 2021 by The Canadian Press

VANCOUVER – An interim public alarm system is being installed on the Cleveland Dam and along the Capilano River in North Vancouver to prevent future deaths from a sudden release of water. Five people fishing on the river last October

News ClaimsClaims Canada ArchiveClaims ProfessionalsEmerging RisksEnvironmentalInsurersLoss ControlLoss TrendsPersonal HomeProperty

How the feds’ budget benefits the P&C industry

April 20, 2021 by Greg Meckbach

Insurers are hoping it will be easier for homeowners to borrow money to raise their structures in areas at risk of flood or to replace roofs in wildfire-prone regions as a result of the federal budget announced Monday. In her

News AlbertaCatastrophesEnvironmentalLoss ControlPersonal Home

Review hears closing arguments into proposed reservoir to protect Calgary from floods

April 7, 2021 by Colette Derworiz - THE CANADIAN PRESS

EDMONTON – A lawyer for Alberta Transportation says there’s a serious and urgent need for a proposed reservoir that could protect Calgary from future flooding. Ron Kruhlak made the comment during his closing argument Tuesday before the Natural Resources Conservation

News AlbertaClaimsCommercialEnvironmental

Northern Alberta pipeline leak spills estimated 100,000 litres of oilfield liquids

March 30, 2021 by The Canadian Press

CALGARY – The Alberta Energy Regulator says an oil and gas company under court protection from creditors is reporting the leak of an estimated 100,000 litres of oilfield liquids from a pipeline in northern Alberta. The provincial regulator says it

News AlbertaB.C.ConstructionEnvironmentalInsurers

Energy regulator invites comment on Trans Mountain pipeline’s insurer secrecy request

March 10, 2021 by The Canadian Press

CALGARY – The Canada Energy Regulator is inviting public comment on a request by the operator of the Trans Mountain pipeline to protect the identity of its insurers, with the comment period extending beyond the requested deadline. In an online

News ClaimsEnvironmental

Mild spring with some wintry blasts predicted for most of Canada: Weather Network

March 2, 2021 by John Chidley-Hill - THE CANADIAN PRESS

Canadians across the country can look forward to a mild spring peppered with the odd winter flashback throughout the first part of the season, according to predictions from one prominent national forecaster. Chris Scott, chief meteorologist with The Weather Network,