SANAA, Yemen — Heavy rainfall in several parts of Yemen has caused widespread flooding that killed at least 16 people and caused the collapse of small dams, including two in Hajja and Omran provinces north of the capital, Sanaa, security officials…
GOGAMA, Ont. – Crews are continuing their efforts today to put out a fire caused when a CN Rail train hauling crude oil derailed in northern Ontario. Ontario Provincial Police say the derailment occurred at about 2:45 a.m. on Saturday about…
Vancouver city council is considering a bylaw proposal put forward by Mayor Gregor Robertson to have companies that ship oil by tanker to carry enough marine insurance to cover costs should a spill occur. If passed, the bylaw would require…
An Ontario court considers if an insurer has a duty to a third party to finish an environmental clean-up despite the fact that policy limits have been exhausted.
Fracking, a hydraulic process used to extract gas from shale formations, is one of several, lesser-known energy risks facing the environmental insurance industry in 2012, according to bloggers writing for WillisWire.“There is much debate and concern surrounding fracking due to…
An oil spill off the coast of Newfoundland has the potential to have a far greater impact on the wildlife in the area than a larger spill in the Gulf of Mexico, Gail Fraser, associate professor at York University, told…
Losses resulting from the Gulf oil spill will likely be contained within 2010 Q2 results and not affect ratings, suggests Standard & Poor’s (S&P’s).In its report, Despite Significant Environmental Damage, The Gulf Oil Spill Losses to Re/Insurers are Expected to…
The typical cost of cleaning up a 500-litre hydrocarbon spill can range from $3,000 to $200,000, depending on a number of different factors, with the average running about $120,000, according to Mark Samis, vice president of operations with Environmental Remediation…
After nine months of planning, two teams have set off on the Catlin Arctic Survey 2010. Both the Explorer Team and the first of the Ice Base personnel left Resolute, Nunavut on a flight out to the floating ice sea…