Daily News

Next ICLR workshop to focus on seismic risk management of buildings

The Institute for Catastrophic Loss Reduction will be hosting a seminar on the importance of seismic risk management of buildings, with a focus on post-earthquake functionality.
Jan 23, 2015 4:04PM

Storms hit pump stations, leave hundreds of thousands without water in Brazil's largest city

SAO PAULO - More than 300,000 people in Brazil's biggest city were without water Friday, more than 24 hours after thunderstorms knocked out electricity to two pumping stations, the Sao Paulo state water utility said.
Jan 23, 2015 3:54PM

Quebec town says Islamic cyberattack on its website has them perplexed

MONTREAL - A small Quebec town is wondering why it found itself the target of an Islamic extremist group's cyberattack after the municipality's website was compromised for about a dozen hours.
Jan 23, 2015 2:53PM

Planning exercise tests ability of New Brunswick to respond to Ebola

Canada's senior public health officer met Friday with his New Brunswick counterpart to launch a planning exercise intended to test the province's response in the event of an Ebola case in the province.
Jan 23, 2015 1:55PM

Changes that support permanent fixes to Ontario auto system needed

Progress on the Ontario insurance product will continue to stall out without changes to clarify injury definitions and to enhance transparency in the tort system, both of which are fuelling higher costs and hampering efforts to achieve...
Jan 23, 2015 9:33AM

Major P&C industry players launch new micro insurance initiative

Several major insurance organizations have formed a new micro insurance consortium and micro insurance “venture incubator” (MVI), in an initiative announced during the World Economic Forum gathering currently being held in Davos,...
Jan 22, 2015 4:21PM

NB Auditor General finds exposure to risk of computer systems outage 'not acceptable'

New Brunswick's Auditor General announced Thursday that a review of a power outage last June found "no evidence of a formal disaster recovery plan" for the province's information technology systems and that the "current exposure" of those...
Jan 22, 2015 1:48PM

Marsh reacts to U.S. President Obama's remarks on cyber security

Marsh & McLennan Companies Inc. issued this week a brief statement reacting to remarks by United States President Barack Obama on computer security vulnerabilities.
Jan 22, 2015 12:58PM

Willis Group, Miller Insurance agree to form separate wholesale Lloyd's brokerage

Willis Group Holdings plc announced Thursday it has reached an agreement with Miller Insurance Services LLP, in which the companies would combine their wholesale businesses to form a separate broker, offering insurance from the Lloyd's market,...
Jan 22, 2015 12:12PM

U.S. President Obama warns of 'dangerous droughts and floods'

United States President Barack Obama suggested this week that without cutting carbon dioxide emissions, the world will experience rising oceans, worse heat waves, floods and droughts.
Jan 22, 2015 10:47AM

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