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Ontario building code should require ‘backup power for a longer period of time’ in new buildings: ice storm panel

June 20, 2014 by Canadian Underwriter

The Province of Ontario should consider changing to building code to require more backup electrical power than is currently required, while the City of Toronto should work with the local electrical utility to increase guidelines on the clearance between tree

News Climate ChangeInsuranceMergers and Aqcuisitions

Number of home damage claims from lightning in the U.S. on decline as dry weather persists

June 20, 2014 by Canadian Underwriter

Insured losses from lightning strikes to homes in the United States were at their lowest level in a decade last year, mainly because of persistent dry weather throughout the western half of the country, the Insurance Information Institute said this

News Climate ChangeInsuranceMergers and Aqcuisitions

Alberta government updates its flooding numbers as rain storm peters out

June 20, 2014 THE CANADIAN PRESS

The Alberta government says as many as 500 homes have experienced some sort of flooding because of heavy rains in the southwestern part of the province. But there was good news Thursday – forecasters say the storm that has soaked

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Flooding keeps Alberta residents out of homes, but officials hope worst is over

June 19, 2014 THE CANADIAN PRESS

More than 100 people on the Blood reserve in southern Alberta are out of their homes because of flooding, but officials hope the worst has passed. Reserve spokesman Rick Tail Feathers says the Belly River, one of three rivers that

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Canadian Underwriter magazine launches special insurance industry archive website

June 18, 2014 by Canadian Underwriter

Canadian Underwriter magazine is celebrating its 80th Anniversary in 2014. To acknowledge this milestone, the Canadian Underwriter staff dove into the archives and agreed that it would be a an exciting project to preserve and share a snapshot of the

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Homes, streets flood in southern Alberta town as other communities on alert

June 18, 2014 THE CANADIAN PRESS

One of several communities under flood threat in southern Alberta started evacuating residents from their homes on Wednesday as rain continued to pour in much of the region. “We’ve provided an evacuation centre for people who need to get out

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Insurance Bureau calls for ‘tough measures’ in Ontario to fight auto claims fraud

June 18, 2014 Greg Meckbach, Associate Editor

Now that the Ontario Liberals have been returned to power with a majority government, the Insurance Bureau of Canada is urging the provincial government to re-introduce Bill 171, which died on the order paper when the election was called last

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Aviva Canada details recent alleged insurance scam

June 17, 2014 by Canadian Underwriter

Aviva Canada has released details of a recent insurance scam, warning consumers to make sure they’re using someone licensed when purchasing their coverage, even if that person has been recommended through a friend. In April, a Mississauga, Ont. man was

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Manitoba’s public insurer seeks rate increase; blames bad winter

June 17, 2014 Chinta Puxley, THE CANADIAN PRESS

WINNIPEG – Manitoba drivers could end up paying more for auto insurance if the province’s public insurer gets its wish. Manitoba Public Insurance is seeking a 3.4 per cent rate increase from the Public Utilities Board. The insurer, known for

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Dutch government plans to allow large scale self driving car tests, wants to try trucks too

June 16, 2014 THE ASSOCIATED PRESS

AMSTERDAM, Netherlands – The Dutch government says it wants to encourage large-scale tests of self-driving cars in the Netherlands by next year, and supports a plan to allow tests of self-driving trucks by 2019. The country’s infrastructure minister, Melanie Schultz

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A look at 2013 flooding in southern Alberta by the numbers

June 16, 2014 THE CANADIAN PRESS

CALGARY – A year after Alberta was hit by devastating flooding, here’s a look at the event by the numbers: 200: In millimetres, the amount of rain that fell in Canmore in the 2 1/2 days before the flood –

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Jeff Goy new CEO of Wawanesa

June 16, 2014 by Canadian Underwriter

Wawanesa Mutual Insurance Company recently announced that Jeff Goy has been appointed president and chief executive officer, replacing Ken McCrea. Goy joined Winnipeg-based Wawanesa in 1990. He has been vice president of automobile underwriting, vice president of insurance product and