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Red Deer cleaning up from windstorm after declaring state of emergency

June 22, 2017 The Canadian Press

RED DEER, Alta. – People in Red Deer were cleaning up Wednesday after a violent windstorm that knocked out power and prompted the central Alberta city to declare a local state of emergency. Homes were damaged Tuesday when wind gusts

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More use of aircraft voice and data recorders would ‘help identify hazards:’ TSB chair

June 22, 2017 by Canadian Underwriter

The Transportation Safety Board of Canada is calling on the federal government to make cockpit voice recorders and flight data recorders mandatory on more aircraft and to allow use of the data in safety management systems. “In Canada, only multi-engine,

News CatastrophesClimate ChangeConstructionInsuranceLegislation / RegulationMarkets / Coverages

Alberta advisory group recommends penalties for heavy oilsands emitters if cap hit

June 19, 2017 Ian Bickis - THE CANADIAN PRESS

CALGARY – Oilsands producers could face steep fines and suspended projects if industry comes close to hitting a mandated 100-megatonne limit under recommendations proposed by Alberta’s Oil Sands Advisory Group. But the non-binding report sets out a series of policies

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High River finishes rebuilding but abandoned neighbourhood reminder of flood

June 19, 2017 Bill Graveland - THE CANADIAN PRESS

HIGH RIVER, Alta. – Even as High River finishes rebuilding, an abandoned neighbourhood full of million-dollar homes is a stark reminder of devastating flooding four years ago. Floods in parts of southern Alberta in June 2013 caused billions of dollars

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CN to spend $500 million on technology with eye on driverless truck threat

June 14, 2017 Ross Marowits - THE CANADIAN PRESS

MONTREAL – Canadian National Railway says it will spend $500 million over the next five years on technology to improve its safety, efficiency and competitive edge, partly in response to the potential threat posed by driverless trucks. CEO Luc Jobin

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May storms in Ontario, Quebec and the Maritimes caused hundreds of millions in damage and damaged more than 5,200 homes: Aon Benfield

June 8, 2017 by Canadian Underwriter

Several low pressure systems that brought heavy rainfall to portions of Ontario, Quebec and the Maritimes last month caused “hundreds of millions” in U.S. dollars and damaged more than 5,200 homes, according to Impact Forecasting’s latest Global Catastrophe Recap for

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Southern Alberta town ravaged by 2013 flood sees development as promising sign

June 8, 2017 The Canadian Press

HIGH RIVER, Alta. – A new housing and retail development in High River, Alta., is being hailed as proof of renewed confidence in the town’s ability to handle another flood event. Massive floods that raged through southern Alberta in the

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Wildfire Grading Index launched following losses in Kelowna, Slave Lake and Fort McMurray

June 7, 2017 by Canadian Underwriter

Fire Underwriters Survey (FUS), a division of Opta Information Intelligence, has developed a new model for insurers to better understand the risk of wildfire-related losses. The model was developed after FUS studied the wildfire losses in Kelowna, Slave Lake and

News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

Cat claims out West create stress for home insurers, proactive communications can bolster customer satisfaction: J.D. Power

June 6, 2017 by Canadian Underwriter

A spike in major claims resulting in record losses from catastrophic disasters across Canada over the last few years has created significant challenges for insurance carriers in 2017, a situation that has had an impact on customer satisfaction with the

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New State Farm Canada app includes telematics and water detection programs, account access

June 5, 2017 by Canadian Underwriter

State Farm Canada announced on Monday that it has released a new app that includes telematics and water detection programs, as well as easy account access. The free State Farm Canada App, available on Apple’s App Store and Google Play,

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Intact Insurance launches my Driving Discount program in Alberta

June 5, 2017 by Canadian Underwriter

Good drivers in Alberta will now have access to an Intact Insurance driving discount program that allows them to save as much as 25% on their auto insurance premiums. The my Driving Discount program uses driving data collected by a

News InsuranceMergers and Aqcuisitions

Alberta’s traffic safety campaign in June to focus on differences between commercial and smaller passenger vehicles

June 2, 2017 by Canadian Underwriter

The province of Alberta will be holding a traffic safety campaign in June to educating drivers about the differences between commercial vehicles and smaller passenger vehicles. Occupants of a passenger vehicle are more likely to be killed or injured in