Keyword
Alberta
ICLR releases new book addressing extreme heat events
December 20, 2016 by Canadian UnderwriterThe Institute for Catastrophic Loss Reduction (ICLR) has published a book addressing the risk to Canadians from extreme heat events. Cities to adapt to extreme heat: Celebrating local leadership profiles “20 of the many successful local projects underway or already…
PM hails national climate change deal, but without Saskatchewan, Manitoba
December 11, 2016 Bruce Cheadle - THE CANADIAN PRESSOTTAWA – Prime Minister Justin Trudeau declared victory Friday in his campaign to craft a national “framework” agreement on climate change – even though Saskatchewan and Manitoba refused to sign on to the deal and British Columbia claimed a major…
How to Be Ready for Make or Break Claim Moments
December 8, 2016 Dara Banga, president, DSB ClaimsLast May, someone in remote Alberta started a wildfire that swept through Fort McMurray, took out the power grid, destroyed more than 2,000 homes, traveled 590,000 hectares to Saskatchewan, halted regional oil production, and raged for roughly three months before…
Collisions claims continue to inch up overall: Allstate Canada study
November 30, 2016 by Canadian UnderwriterAuto collisions claims among Allstate Insurance Company of Canada customers in four provinces rose 1.7% over the previous study period, reflecting increases in some jurisdictions and decreases in others. Results of the eighth annual Allstate Canada Safe Driving Study show…
Liberals set plan to phase out coal by 2030, with flexibility for Nova Scotia
November 21, 2016 The Canadian PressOTTAWA – The Liberal government is moving to phase out the use of coal-fired electricity in Canada by 2030 as part of its overall clean-energy strategy. The goal is to make sure 90 per cent of Canada’s electricity comes from…
$5.3 billion to be re-invested in Alberta economy over three years to rebuild Fort McMurray: Conference Board of Canada report
November 15, 2016 by Canadian UnderwriterAbout $5.3 billion will be re-invested in Alberta’s economy over the next three years to rebuild Fort McMurray following the massive wildfire in May, according to a new Conference Board of Canada report on the economic impacts of Canada’s most costliest natural…
Fort McMurray will hit Canadian’s p&c industry financial results in 2016: A.M. Best
November 9, 2016 by Canadian UnderwriterCurrent-year financial results for Canada’s property and casualty industry – which were once again strong in 2015 – are expected to take a hit in the wake of the Fort McMurray wildfire loss, notes a new report from A.M. Best.…
Alberta’s Brazeau County declares state of agricultural disaster
November 3, 2016 by Canadian UnderwriterBrazeau County in Drayton Valley, Alta. has declared a state of agricultural disaster “due to the hardship that weather conditions, specifically, excessive and persistent precipitation have placed on local farmers.” During the Nov. 1 Brazeau County Council meeting, council unanimously…
IBC commends federal government’s focus on infrastructure and flood mitigation in 2016 fall economic statement
November 2, 2016 by Canadian UnderwriterThe Insurance Bureau of Canada (IBC) is applauding the Government of Canada’s focus on infrastructure investments and flood mitigation in its recently released Fall Economic Statement 2016. In the statement, released on Tuesday, the federal government proposed $21.9 billion over…
Alberta carbon plan to shrink GDP, but province expects long term growth
November 1, 2016 Dean Bennett - THE CANADIAN PRESSEDMONTON – Alberta released estimates Monday showing its climate change plan will shrink the economy in the short term, but Environment Minister Shannon Phillips said the figures are a work in progress. The province estimates the economic impact of the…
More fairness in Ontario auto insurance needed to fix the system: IBC’s Forgeron
October 24, 2016 by Canadian UnderwriterFairness is still lacking in Ontario’s auto insurance system and a balance needs to be struck between both lower premiums and the right level of benefits, Don Forgeron, president and chief executive officer of Insurance Bureau of Canada (IBC), said…
49% of Alberta SMEs surveyed do not have business continuity plan: ATB Financial
October 18, 2016 by Canadian UnderwriterFewer than half of Alberta small enterprises surveyed reported having a business continuity plan, ATB Financial announced Monday. In its Business Beat Survey, 300 owners and operators of small and mid-sized enterprises were asked in a phone survey whether their…