Environmental

AXIS Capital announces it will limit underwriting, investments in fossil fuels

New policy "is the right thing to do for our planet and our business," executive says

Clyde & Co signs up for climate resilience coalition

It will focus on the resilience of critical infrastructure to climate threats

Insurers team with governments, environmental groups to take on ocean risk

New alliance will pioneer insurance and finance products to boost investment in coastal resilience

Judge rules tug operator’s multimillion fine to be put into an environmental fund

Vessel operator was fined nearly $3 million for spilling fuel and lubricants into First Nations waters

$24 million judgement after oil spill reveals key lessons for insurance industry

One of the largest subrogation trial judgements in Canada highlights takeaways for insureds, brokers, and adjusters

Global environmental coalition petitions insurers to drop Trans Mountain Pipeline

Advocates call for insurance companies to drop coverage

BC acid spill issue began two years earlier than believed

Incidents could prompt the largest single payoff in the corporation’s history

First Nations call for improved financial protection against mine disasters

Council recommends miners either put up money through a bond or third-party insurance

North Vancouver creek gets contaminated by fuel twice in six months

Clean-up cost to run into tens of thousands of dollars, on top of a hefty fine for violating environment laws

Pipeline spill in Northwest Alberta releases thousands of litres of wastewater

Spill is currently being monitored for its effects on wildlife and the environment