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Stilling quake risk in eastern Canada demands greater focus, awareness and effort: Swiss Re

July 11, 2017 by Angela Stelmakowich

Risk awareness is severely lacking and not enough attention is being paid to quake risk in eastern Canada, a region with “huge” loss-inflicting potential that a Swiss Re model projects could produce the country’s largest nat-Cat loss ever if the

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

CEP Forensic and Sintra Engineering merge to create “Canada’s largest forensic engineering firm”

July 4, 2017 by Canadian Underwriter

CEP Forensic Inc. and Sintra Engineering Inc., eastern and western Canadian forensic engineering providers, have announced a merger to create what they are calling the country’s largest forensic engineering firm. The newly created entity, CEP-Sintra, will have close to one

News AppointmentsInsuranceProfessional DevelopmentReinsurance

François Dagneau appointed CEO of Canadian branch of Arch Reinsurance Company

June 16, 2017 by Canadian Underwriter

Arch Reinsurance Company announced on Friday that François Dagneau will be appointed to the position of chief executive officer of its Canadian branch this month. Dagneau will replace Patrick McGuiness, who is retiring from Arch, the company said in a

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TSB reiterates call for 300-metre runway end safety areas

May 17, 2017 by Canadian Underwriter

The Transportation Safety Board of Canada reiterated Tuesday a warning that airplane passengers and crew are at risk of injury because not all Code 4 runways at Canadian airports have a 300-metre runway end safety area. TSB – a separate

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Too early to confirm costs from flooding in B.C., Ontario, Quebec and Maritimes: Aon

May 11, 2017 by Canadian Underwriter

Persistent recent heavy rainfall falling across several Canadian provinces has led to increasingly rising rivers, streams and lakes this week, as communities “raced to protect from water inundation,” Impact Forecasting said on Thursday in an Aon cat alert. Financial losses

News CatastrophesInsuranceMergers and Aqcuisitions

Quebec says high water levels across province to peak by Wednesday

May 8, 2017 The Canadian Press

MONTREAL – Quebec’s public security minister is saying water levels across the province are expected to peak between today and Wednesday. Martin Coiteux says authorities expect the water to start receding by mid-week. Heavy rains and melting snowpack across Quebec

News CatastrophesInsuranceTechnology

Mobile earthquake simulator to visit Quebec in May and June

May 3, 2017 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) is inviting Quebecers to experience the Quake Cottage, a mobile earthquake simulator, this month and next. As part of its earthquake preparedness campaign, IBC will be touring Quebec cities and shopping centres from La

News LegalMergers and Aqcuisitions

Quebec motorists apply for class action status in lawsuit against government arising from snow storm

March 17, 2017 THE CANADIAN PRESS

MONTREAL – Lawyers on behalf of motorists left stranded in their cars on a highway after Tuesday’s snowstorm applied on Thursday for a class action lawsuit against the Quebec government and City of Montreal. Plaintiffs are seeking $2,000 for each

News Catastrophes

Quebec pounded by winter storm, premier acknowledges need for better response

March 16, 2017 Morgan Lowrie - THE CANADIAN PRESS

MONTREAL – Heavy snow continued to fall Wednesday as Quebec emergency crews struggled to cope with a fatal winter storm that paralyzed traffic and left hundreds of motorists stranded in their cars overnight. Environment Canada said southwestern, central and eastern

News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

Government of Canada launches new public awareness campaign on flood risks

November 23, 2016 by Canadian Underwriter

Canada’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

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Montreal taxi industry to meet Tuesday to discuss Uber deal

September 13, 2016 The Canadian Press

MONTREAL – Representatives of Montreal’s taxi industry are scheduled to meet Tuesday to draft a response to the recent deal between the provincial government and ride-hailing company Uber. Taxi drivers are almost unanimously against the agreement, which allows Uber to

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Intact Service Centre opens in Ottawa, two more planned for Toronto and Montreal

July 11, 2016 by Canadian Underwriter

Intact Financial Corporation (IFC) announced on Monday that the second Intact Service Centre has opened in Canada, this time in Ottawa. The first service centre opened in Calgary this February. With the launch of the new Intact Service Centre, Intact