Rising Saint John River frustrating swath of southern New Brunswick
April 24, 2019 Kevin Bissett - THE CANADIAN PRESSFREDERICTON – Thane Mallory says the picturesque water view out the back window is what keeps him going back every day to Gulliver’s World Cafe, his restaurant in Gagetown, N.B. “I wake up every morning and look out the back…
Is the industry taking a consistent approach to overland flood coverage?
April 23, 2019 by Jason ContantAre carriers taking a consistent approach to covering overland flood? The flood waters sweeping across New Brunswick and Quebec have brought the issue to the forefront. In general, overland flood was not covered in Canada until 2015; only sewer backup…
Spring melt floods thousands of Quebec homes
April 22, 2019 by Jason ContantNearly 2,400 homes in Quebec have been flooded following the spring melt in the province, according to statistics released early Monday morning by the provincial government. The flooding has resulted in the evacuation of more than 1,500 residents. The city…
The liability risk from climate change
April 9, 2019 by Greg MeckbachLarge companies face liability risk if they emit greenhouse gas emissions, and shareholders are asking directors and officers what they are doing about climate-related risks, a speaker suggested at a recent insurance conference in Toronto. Panelists at the Property and…
B.C. legislature committee calls for no regulatory roadblocks to ride hailing
April 1, 2019 Dirk Meissner - THE CANADIAN PRESSVICTORIA _ Premier John Horgan says ride-hailing will arrive in British Columbia this year following the release of an all-party committee report Tuesday that recommends few government restrictions on the services. “We committed to get this done,” Horgan said at…
Owner of truck in Broncos crash admits to safety offences
March 28, 2019 Bill Graveland - THE CANADIAN PRESSCALGARY – The owner of the transport truck involved in the deadly Humboldt Broncos bus crash has admitted he did not follow provincial and federal safety rules in the months leading up to the collision. Sukhmander Singh of Adesh Deol…
The challenges in navigating the ridesharing insurance minefield
March 20, 2019 by Jason ContantDespite using a wholly-owned captive insurance subsidiary and third-party insurance, ridesharing company Lyft Inc. cannot ensure its coverage will sustain all of its business risks and costs, the company acknowledged in a recent stock-listing prospectus of risk factors. San Francisco,…
Collision damages ships in Vancouver Harbour
March 20, 2019 by Greg MeckbachRICHMOND, B.C. – Transport Canada says two ships collided in Vancouver Harbour Sunday after one lost power, but no one was injured and no pollutants were released. The federal department says in a statement that the bulk carrier MV Caravos…
How waiving this government fee could reduce auto premiums
March 15, 2019 by David GambrillIf the Ontario government wants to take one small step towards reducing auto insurance premiums for its drivers, it might consider dropping its administrative charges for drivers and their insurers to obtain three-year driving records, one industry professional suggests. “Assuming…
Burns & Wilcox Canada acquires specialty MGA
March 7, 2019 by Jason ContantH.W. Kaufman Group and Burns & Wilcox Canada announced Thursday they have acquired Toronto-based TRU Transportation Risk Underwriters Ltd., a managing general agency with unique transportation expertise. TRU will become part of B&W Canada, a flagship organization of Kaufman and…
How this city is mitigating autonomous vehicle risk
March 5, 2019 Ramesh Santanam - THE ASSOCIATED PRESSPITTSBURGH – Companies testing autonomous vehicles in Pittsburgh will have to immediately report crashes resulting in any injuries as part of new guidelines announced Monday intended to boost public confidence in the testing after a deadly accident in Arizona last…
Million litres of crude oil released in Manitoba train derailment: TSB
March 1, 2019 Steve Lambert - THE CANADIAN PRESSWINNIPEG – Investigators say at least one million litres of petroleum crude oil were released when a freight train derailed last month on a ranch in western Manitoba. The update from the Transportation Safety Board on Friday was the first…