For HR managers overseeing business travelers, an earthquake or other catastrophic event can leave employers scrambling to ensure their employees whereabouts and safety.
Intact Financial Corp. said it will post insured losses of as much as $850 million from the wildfires in Alberta, which may dent the Canadian economy harder than Hurricane Katrina hit the U.S.
Cooler temperatures are helping fire fighters battle wildfires raging through Alberta as the blaze retreats from the countrys main oil-sands facilities around Fort McMurray.
The 2015 fire season set a new record for the number of acres burned in the United States, while more and more people live in areas that are prone to wildfires, resulting in a recipe for disaster.
The wildfires spreading around Canadas oil-sands hub of Fort McMurray may become the costliest catastrophe in the countrys history with losses potentially reaching $7.3 billion.