Keyword
damages
U.S. P&C insurance industry’s net income drops 42.2% to US$7.7 billion in Q1 2017
June 26, 2017 by Canadian UnderwriterThe private property and casualty insurance industry in the United States saw its net income after taxes drop to US$7.7 billion in the first quarter of 2017 from US$13.4 billion in Q1 2016, a 42.2% decline, according to ISO, a…
Gore Mutual launches cyber and data breach product for Canadian small businesses
June 9, 2017 by Canadian UnderwriterGore Mutual Insurance Company has announced a cyber and data response product for Canadian small businesses as well as a partnership with a global home automation company to provide flood sensors to select commercial and personal customers. Gore Mutual announced…
Quebec says Canadian Pacific directly responsible for 2013 Lac-Mégantic damages
October 21, 2016 Giuseppe Valiante - THE CANADIAN PRESSMONTREAL – Canadian Pacific Railway is directly responsible for damages caused when a runaway train carrying crude oil derailed in 2013 in Lac-Mégantic, according to new allegations recently filed in court by the Quebec government. The railroad was responsible for…
B.C. government invests $2.5-million to address flood risk in Peace Region after June flooding
October 11, 2016 by Canadian UnderwriterAbout four months after a “substantive rainfall event” that lead to flooding in British Columbia’s Peace Region, the provincial government announced that it is providing $2.5 million to the Peace River Regional District (PRRD) to undertake debris removal and preventative…
Massive fire destroys farm equipment dealership, forces evacuation in P.E.I.
August 29, 2016 The Canadian PressSUMMERSIDE, P.E.I. – Fire officials are trying to determine the cause of a massive fire that destroyed a farm equipment dealership in Prince Edward Island. Workers had to be evacuated from Green Diamond Equipment in Summerside late Saturday morning as…