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Liberals set plan to phase out coal by 2030, with flexibility for Nova Scotia

November 21, 2016 The Canadian Press

OTTAWA – The Liberal government is moving to phase out the use of coal-fired electricity in Canada by 2030 as part of its overall clean-energy strategy. The goal is to make sure 90 per cent of Canada’s electricity comes from

News CatastrophesInsuranceMergers and Aqcuisitions

Thanksgiving floods in Atlantic Canada caused more than $100 million in insured damage: CatIQ

November 18, 2016 by Canadian Underwriter

A tropical moisture system resulting from Hurricane Matthew that swept through Atlantic Canada last month has resulted in over $100 million in insured damage, according to Toronto-based Catastrophe Indices and Quantification Inc. (CatIQ). A cold front interacting with Matthew’s tropical

News CatastrophesInsuranceMergers and Aqcuisitions

Major fire causes extensive damage at Nova Scotia fish processing plant

November 17, 2016 The Canadian Press

EASTERN PASSAGE, N.S. – A major fire has caused extensive damage at a waterfront fish processing plant on Nova Scotia’s eastern shore. Brad Connors, a division commander with the Halifax regional fire department, said a call came in at about

News CatastrophesConstructionInsuranceMergers and Aqcuisitions

Hurricane Matthew causes up to US$15 billion impact to U.S. and Caribbean economies in October: Aon Benfield

November 9, 2016 by Canadian Underwriter

Hurricane Matthew, which swept through parts of the Caribbean and United States last month, is expected to cost up to US$15 billion to both economies, according to Aon Benfield’s latest Global Catastrophe Recap. Released on Wednesday, the report from Aon

News AssociationsInsuranceLegislation / RegulationMergers and Aqcuisitions

More fairness in Ontario auto insurance needed to fix the system: IBC’s Forgeron

October 24, 2016 by Canadian Underwriter

Fairness is still lacking in Ontario’s auto insurance system and a balance needs to be struck between both lower premiums and the right level of benefits, Don Forgeron, president and chief executive officer of Insurance Bureau of Canada (IBC), said

News InsuranceLegalMarkets / Coverages

Archway Insurance purchases H.S. Terris Insurance

October 24, 2016 by Canadian Underwriter

Archway Insurance has enhanced its commitment to Nova Scotia’s Cumberland County, where its head office is located, with the purchase of Springhill-based H.S. Terris Insurance. Effective Nov. 1, Amherst, N.S.-based brokerage announced Monday, the acquisition will build on its presence

News CatastrophesInsuranceMergers and Aqcuisitions

Nova Scotia gives $500,000 in immediate flood aid to storm-ravaged Cape Breton

October 14, 2016 The Canadian Press

HALIFAX – Nova Scotia Premier Stephen McNeil says the province is providing $500,000 in immediate emergency aid for people in Cape Breton affected by damage caused by last weekend’s massive rainfall. McNeil says the money has been given to the

News CatastrophesInsuranceMergers and Aqcuisitions

Cleanup, damage assessment begins in Atlantic Canada after torrential rains

October 12, 2016 The Canadian Press

SYDNEY, N.S. – Communities in Nova Scotia and Newfoundland are facing a costly and lengthy cleanup from widespread flooding damage after a storm brought torrential rain to the region over the long weekend. Premiers in both provinces were scheduled to

News CatastrophesInsuranceMergers and Aqcuisitions

Heavy rains and strong winds wreaking havoc in the Maritimes

October 11, 2016 The Canadian Press

HALIFAX – Thousands of homes and businesses across Atlantic Canada were without electricity early Tuesday due to heavy rain and strong winds that lashed the region on Thanksgiving Monday. Environment Canada said much of mainland Nova Scotia had received more

News InsuranceMergers and Aqcuisitions

Supreme Court of Canada hears appeal over Nova Scotia auto family protection endorsement

October 7, 2016 by Canadian Underwriter

The Supreme Court of Canada heard Wednesday an appeal from a Nova Scotia auto accident victim whose future Canada Pension Plan disability payments were ordered deducted from the amount payable under his family protection endorsement. Andrew Sebean suffered injuries to

News InsuranceMergers and Aqcuisitions

Wind turbine collapses in Nova Scotia, investigation underway

August 24, 2016 THE CANADIAN PRESS

HALIFAX — An investigation has been launched into the collapse of a wind turbine on Cape Breton Island, where workers were told to leave the tower before it toppled over. Montreal-based Enercon Canada Inc. issued a statement Aug. 19 saying

News CatastrophesInsurance

Nova Scotia wildfires continue to create “challenging conditions” for work crews

August 9, 2016 by Canadian Underwriter

A wildfire in Nova Scotia’s Annapolis County has grown to about 240 hectares as weather continues to create “challenging conditions” for crews on site. The fire at Seven Mile Lake in Annapolis County, along with the Perch Lake fire in