Keyword
climate change
Storms preview sea rise damage to California roads, cities
January 31, 2017 Ellen Knickmeyer - THE ASSOCIATED PRESSSAN FRANCISCO – Ocean rise already is worsening the floods and high tides sweeping California this stormy winter, climate experts say, and this month’s damage and deaths highlight that even a state known as a global leader in fighting climate…
2016 marks three consecutive years of record warmth for the globe: NOAA
January 19, 2017 by Canadian UnderwriterThe year 2016 marked three consecutive years of record warmth for the globe, the National Oceanic and Atmospheric Administration (NOAA) reported on Wednesday. “With a boost from El Niño, 2016 began with a bang,” NOAA said in a press release.…
Canada’s energy, utilities sectors should beef up climate change competency: report
January 13, 2017 by Canadian UnderwriterCompanies in Canada’s most carbon-intensive sectors are not demonstrating “climate competency” in the boardroom and should be doing so to address climate change issues, suggests a report this week by Shareholder Association for Research & Education (SHARE). “Investors are increasingly…
Strategic planning of Canada’s p&c industry must extend to five, 10 years: Cook
January 11, 2017 by Angela StelmakowichCanada’s property and casualty insurance industry must look farther ahead in its strategic planning than it may be used to ensure it fully grasps developing conditions and can address related changes, Philip Cook, CEO of Omega Insurance Holdings Inc., suggested…
Research on earthquakes, tsunamis and climate change to benefit from federal investment of $46.6 million to Ocean Networks Canada
January 10, 2017 by Canadian UnderwriterThe federal government has provided a five-year $46.6 million investment to the University of Victoria’s (UVic) Ocean Networks Canada (ONC) to support its continued research and development. ONC pioneers ocean observatories that stream live data 24/7 to researchers across Canada…
Severe weather, nat-cats cause record insurable damage in Canada: IBC/CatIQ
January 6, 2017 by Canadian UnderwriterSevere weather last year exacted a heavy toll in terms of insured losses, with the $4.9 billion hit dwarfing the previous annual record of $3.2 billion in 2013, Insurance Bureau of Canada (IBC) reports. Flooding in southern Alberta and the…
2016 costliest 12 months for natural catastrophes in the last four years: Munich Re
January 4, 2017 by Canadian UnderwriterThe US$175 billion in natural catastrophes losses in 2016 – the lion’s share of which were uninsured – dwarfed those in the previous year and were just shy of 2012’s US$180 billion total, Munich Re reports. The research released Wednesday…
Alberta minister says province ‘still standing’ on Day 2 of carbon tax
January 3, 2017 Rob Drinkwater - THE CANADIAN PRESSEDMONTON – Alberta Environment Minister Shannon Phillips said the province was “still standing” a day after its carbon tax took effect, and Albertans who opposed the levy could start seeing rebate cheques within days. But Opposition Wildrose critic Don MacIntyre…
Global warming’s fingerprints seen in 24 weird weather cases
December 16, 2016 Seth Borenstein - THE ASSOCIATED PRESSWASHINGTON – A new scientific report finds man-made climate change played some role in two dozen extreme weather events last year but not in a few other weird weather instances around the world. An annual report released Thursday by the…
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…
Actuaries Climate Index launched to measure changes in extreme weather events and sea level in Canada, continental U.S.
November 30, 2016 by Canadian UnderwriterOrganizations representing the actuarial profession in Canada and the United States have launched the Actuaries Climate Index (ACI), a quarterly measure of changes in extreme weather events and sea levels. The ACI, available online at ActuariesClimateIndex.org, is an educational tool…
Government of Canada launches new public awareness campaign on flood risks
November 23, 2016 by Canadian UnderwriterCanada’s Minister of Public Safety and Emergency Preparedness, Ralph Goodale, has announced a new public awareness campaign called Flood Ready, aimed at increasing Canadians’ knowledge of flood risks. Goodale announced the campaign on Monday in a video message to participants…