Canadian Underwriter

Keyword
emergency preparedness

Prime Minister Justin Trudeau speaks following a cabinet shuffle
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Canada’s P&C insurers react to federal cabinet shuffle

July 27, 2023 by Jason Contant

Canadian property and casualty insurers will be working with new cabinet ministers in the areas of emergency preparedness, public safety (including cybersecurity and auto theft), and housing, infrastructure and communities (including climate resilience), following Prime Minister Justin Trudeau’s major cabinet

Collapsed sections of bridges following flooding in B.C.
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One step closer to a National Flood Insurance Program

March 29, 2022 by Alyssa DiSabatino

The industry is one step closer to getting updated flood maps, and a new national flood insurance program to protect homeowners in high-risk flood zones is in the works, says Canada’s public safety minister.  Flood maps are being developed in

News AppointmentsCatastrophesClimate ChangeInsurance

IBC congratulates City of Toronto on the creation of a chief resilience officer position

July 5, 2017 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) is congratulating the City of Toronto “for its ongoing commitment to emergency preparedness” with the recent establishment of a chief resilience officer for the city. Last month, Tory announced that the position will be

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

TSB calls for ‘oversight for all commercial fishing operations’ in Canada

June 27, 2017 by Canadian Underwriter

An investigation into the sinking of a fishing vessel on Lake Superior “highlights several factors as to risk” in Canada’s commercial fishing industry, the Transportation Safety Board of Canada said in a recent report. TSB released Wednesday a report into

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Water level detectors in all below-waterline compartments should be mandatory for large fishing vessels: TSB

April 21, 2017 by Canadian Underwriter

More than 26 years after the fatal sinking of a leaking fishing vessel north of Nova Scotia, the federal government has still not mandated water level detectors on all large fishing vessels, the Transportation Safety Board of Canada warned this

News CatastrophesInsuranceMergers and Aqcuisitions

B.C. announces more than $8 million in flood protection in latest round of investments

April 3, 2017 by Canadian Underwriter

British Columbia’s Ministry of Transportation and Infrastructure announced on Friday funding for two flood protection projects in the province. The first is a $4.17 million investment to the District of Kent to expand and upgrade the Hammersley Pump Station, which

News CatastrophesInsuranceMarkets / CoveragesTechnology

Government of British Columbia invests in tsunami, earthquake warning systems

March 28, 2017 by Canadian Underwriter

The government of British Columbia has announced $550,000 in funding for increased capability for tsunami warnings and the potential to provide earthquake early warnings. British Columbia’s Ministry of Transportation and Infrastructure said in a statement on Tuesday that the $550,000

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

B.C. government invests over $10.5 million in Fraser Valley flood mitigation

March 23, 2017 by Canadian Underwriter

The province of British Columbia has announced a $10.5 million investment in dike and pump upgrades to the Fraser Valley Regional District’s Nicomen Island diking system as part of more than $80 million in emergency preparedness funding announced on March

News CatastrophesInsuranceMergers and Aqcuisitions

Evacuation warning as rivers rise near Port Alberni, B.C.

November 8, 2016 The Canadian Press

PORT ALBERNI, B.C. – The Tseshaht First Nation on central Vancouver Island says the Somass River rose rapidly Monday night and continues to swell today, threatening flooding in the community. Emergency Preparedness Co-ordinator Hugh Braker says residents have been warned

News AssociationsCatastrophesClimate ChangeConstructionInsuranceLegislation / RegulationMergers and AqcuisitionsReinsurance

Barely passable grade on flood preparedness demands immediate action: report

October 31, 2016 by Canadian Underwriter

All 10 Canadian provinces and Yukon are not making the grade when it comes to flood preparedness, signalling the need for change, including not allowing municipalities to override provincial or territorial direction on development in flood-prone areas, argues a new

News AssociationsCatastrophesEarnings / RatingsInsuranceMarkets / CoveragesMergers and AqcuisitionsReinsurance

Great British Columbia ShakeOut attracts record number of registrants

October 20, 2016 by Canadian Underwriter

The Great British Columbia ShakeOut is clearly gaining more traction, with a record 800,000 British Columbians registering for today’s “Drop, Cover and Hold On” drill, joining almost 41.5 million others around the world. “This year, we saw the largest number

News CatastrophesInsuranceTechnology

Alert Ready, Canada’s new national emergency alert system, tested in Manitoba and Northwest Territories

September 21, 2016 by Canadian Underwriter

The Manitoba Emergency Measures Organization of Manitoba Infrastructure announced on Tuesday that Alert Ready, the national emergency alert system, will send out a province-wide test message over TV and radio on Wednesday at 3:55 p.m. local time. Alert Ready provides