KOTZEBUE, Alaska – President Barack Obama closed out his Alaska tour with a trip Wednesday to the tiny town of Kotzebue, becoming the first sitting U.S. president to set foot in the Alaska Arctic – part of a wider effort…
An abandoned campfire was to blame for a short-lived wildfire in late August, the provincial Ministry of Forests, Lands and Natural Resource Operations reported on Wednesday. On the Aug. 29-30 weekend, the BC Wildfire Service responded to four new human-caused…
Total economic losses from severe thunderstorms and flooding rains in Alberta in early August are expected to exceed $125 million, while a strong storm system that battered parts of British Columbia was expected to exceed $100 million in economic losses,…
A total of US$4.6 trillion of projected GDP is at risk from 18 manmade and natural disasters in 301 cities across the world over a ten-year period, according to a new study published on Thursday by Lloyd’s, the specialist insurance…
Canadian Underwriter magazine and cybersecurity firm IDT911 have teamed up to offer a free live webinar on cyber risk. The Risks & Rewards of Cyber Coverage webinar will be held on Sept. 15 at 1 p.m. EDT. The presentation will…
Saskatchewan’s Minister responsible for the Water Security Agency (WSA), Herb Cox, announced on Tuesday new drainage regulations, the first phase of an agricultural water management strategy that recognizes the benefits of benefits and the importance of mitigating negative impacts. A…
The majority of small business owners in the United States are not even aware than many insurers provide commercial insurance, according to the J.D. Power 2015 U.S. Small Business Commercial Insurance Study released on Monday. The study, now in its…
Insurance professionals have until Friday Sept. 4 to submit comments, to the federal government, on proposed changes to the minimum capital test (MCT) for property & casualty insurers. “The most significant proposed change to the 2015 MCT Guideline is the…
The Durham Regional Police Service (DRPS) in southern Ontario said on Tuesday it will be running a distracted driving enforcement campaign for the next three days to coincide with changes in provincial legislation that come into effect today. Bill 31,…
VANCOUVER – If the liquefied natural gas industry proceeds as the British Columbia government hopes, there could be five times as many fracking-caused earthquakes, warns one expert. But the company that would provide gas to a major LNG terminal –…
A persistent hurdle to getting businesses in Canada to buy cyber insurance and truly understand the protection that coverage can provide revolves around denial, particularly for smaller firms, Andrew Bourne, a partner and forensic accountant with BDO Canada, suggested during…
Commercial applications for the disruptive technology of drones have taken off in the last few years. Insurance companies are also keen to seize the opportunities that drones provide in claims support and risk assessment, but must navigate a fast-changing regulatory environment along the way.