Canadian Underwriter

Keyword
Trans Mountain

Construction of the Trans Mountain pipeline
News ClaimsClaims CanadaCommercial LinesConstructionInsurance

Regulator calls out Trans Mountain for ‘environmental non-compliance’ in B.C.

February 12, 2024 The Canadian Press

CALGARY – The company building the Trans Mountain pipeline expansion has been cited for environmental non-compliance related to its management of recent flooding in B.C. The Canada Energy Regulator said Thursday its inspection officers found issues near Abbotsford, B.C., where

Heavy equipment being moved as work continues on the Trans Mountain pipeline.
News Commercial LinesLegislation / RegulationMarkets / CoveragesRisk

Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls

December 1, 2023 Amanda Stephenson - THE CANADIAN PRESS

CALGARY – The Canada Energy Regulator has approved preliminary interim tolls that would see oil companies pay nearly twice as much to ship crude on the expanded Trans Mountain pipeline as what was estimated in 2017. In a decision issued

Pipe for the Trans Mountain pipeline is unloaded in Edson, Alta. on Tuesday June 18, 2019. A coalition of 32 environmental and Indigenous groups is calling on 27 insurance companies to drop or refuse to provide coverage of the Trans Mountain pipeline, although they concede its lead liability insurer is planning to continue coverage. THE CANADIAN PRESS/Jason Franson
News BrokersClimate ChangeInsurance

Grassroots orgs demand insurers withdraw coverage for Trans Mountain Pipeline

August 26, 2022 by Alyssa DiSabatino

Liberty Mutual Insurance is among a list of insurers being asked by grassroots and Indigenous organizations to withdraw insurance support for the Trans Mountain Pipeline, which carries crude and refined oil from Alberta to British Columbia.  A petition with more

News Insurance

Indigenous non-profit looks to acquire ownership of Trans Mountain Pipeline

January 24, 2022 Amanda Stephenson - THE CANADIAN PRESS

CALGARY – A new Indigenous non-profit organization is seeking an ownership stake in the Trans Mountain Pipeline, saying its aim is to make sure communities along the pipeline’s route receive its benefits directly. Nesika Services publicly launched Monday, calling itself

Pipe for the Trans Mountain pipeline is unloaded in Edson, Alta. on Tuesday June 18, 2019. A coalition of 32 environmental and Indigenous groups is calling on 27 insurance companies to drop or refuse to provide coverage of the Trans Mountain pipeline, although they concede its lead liability insurer is planning to continue coverage. THE CANADIAN PRESS/Jason Franson
News Insurance

Insurance provider for Trans Mountain pipeline says it won’t renew policy

June 3, 2021 The Canadian Press

CALGARY – An insurance provider for the Trans Mountain pipeline said it will not renew its policy with the company when it expires in August. Argo Group International Holdings Ltd., an international underwriter based in Bermuda, said the project no

News Insurance

Trans Mountain pipeline operator wins fight to avoid naming its insurance companies

April 30, 2021 The Canadian Press

CALGARY – The Canada Energy Regulator says it has decided to grant a request by the operator of the Trans Mountain pipeline to protect the identity of its insurers in its regulatory filings. In a ruling, the federal regulator says

News Insurance

Energy regulator invites comment on Trans Mountain pipeline’s insurer secrecy request

March 10, 2021 The Canadian Press

CALGARY – The Canada Energy Regulator is inviting public comment on a request by the operator of the Trans Mountain pipeline to protect the identity of its insurers, with the comment period extending beyond the requested deadline. In an online

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Pipeline progress means crude by rail slowdown could be much more long term

February 1, 2017 Ian Bickis - THE CANADIAN PRESS

CALGARY – The rumble of crude-oil-laden rail cars though Canadian towns won’t be silenced any time soon, but progress on the Line 3, Trans Mountain and Keystone XL pipelines means there could be far fewer in the future. “Down the