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Ontario government increases maximum fines for individuals, corporations that start forest fires

July 11, 2017 by Canadian Underwriter

The government of Ontario has announced increased maximum fines for individuals and corporations for starting forest fires. If found responsible, individuals can now be fined up to $25,000 for starting a forest fire, Ontario’s Ministry of Natural Resources and Forestry

News CatastrophesInsuranceLegislation / RegulationMergers and Aqcuisitions

Enhancements to Alberta wildfire regulations take effect

April 4, 2017 by Canadian Underwriter

New wildfire protection regulations have taken effect in Alberta. The enhancements to the Forest and Prairie Protection Act regulations took effect on March 31, Alberta Agriculture and Forestry noted in a press release issued last week. The enhancements include: new

News InsuranceTechnology

Scotiabank announces it will provide $2 million for cyber security and financial data initiative at UBC

March 13, 2017 by Canadian Underwriter

Scotiabank’s $2 million funding injection seeks to support the ability of the Scotiabank Cybersecurity and Risk Analytics Initiative at the University of British Columbia (UBC) to accelerate cyber security and financial risk research in Canada. “Data theft costs organizations billions