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#insurancebureauofcanada — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #insurancebureauofcanada, aggregated by home.social.

  1. Alberta auto insurers lost $1.2 billion in 2024: Report

    A new report finds auto insurers in Alberta are paying out more than they’re collecting. This is concerning…
    #NewsBeep #News #Economy #Albertaautoinsurance #Business #CA #Canada #InsuranceBureauofCanada
    newsbeep.com/ca/400123/

  2. Is Canada’s growing regulatory burden holding the economy back?

    New report shows 81% increase in regulatory compliance costs at a time when Canada grapples with dragging productivity…
    #NewsBeep #News #Canada #Banking&FinancialServices #CA #insurance #InsuranceBureauofCanada #PollsandResearch #Surveys
    newsbeep.com/ca/250126/

  3. #riskassessment #kitchenerwaterloo #highrise #insurancebureauofcanada #condos with the bedrock being 51M deep under UW, Magnitude 5.0 to 5.5 The sand layer begins to liquefy Building Impact: Noticeable differential settlement and tilting. Risk of minor to moderate structural damage Magnitude 5.5 to 6.0 More extensive liquefaction and ground deformation Building Impact: Severe differential settlement, substantial tilting, high risk of structural instability and partial collapse Magnitude 6.0 to 6.5 and Above Extensive ground failure Building Impact: Severe instability, high likelihood of collapse due to loss of soil support Conclusion Given the soil profile of KW and the assumption of no deep foundations, an earthquake magnitude of around 5.5 to 6.0 is likely to cause significant instability and collapse of the buildings due to liquefaction. Magnitudes above 6.0 would almost certainly result in catastrophic outcomes for the buildings, with 90%+ of high-rises collapsing. 1% chance every year such a earthquake

  4. #riskassessment #kitchenerwaterloo #highrise #insurancebureauofcanada #condos with the bedrock being 51M deep under UW, Magnitude 5.0 to 5.5 The sand layer begins to liquefy Building Impact: Noticeable differential settlement and tilting. Risk of minor to moderate structural damage Magnitude 5.5 to 6.0 More extensive liquefaction and ground deformation Building Impact: Severe differential settlement, substantial tilting, high risk of structural instability and partial collapse Magnitude 6.0 to 6.5 and Above Extensive ground failure Building Impact: Severe instability, high likelihood of collapse due to loss of soil support Conclusion Given the soil profile of KW and the assumption of no deep foundations, an earthquake magnitude of around 5.5 to 6.0 is likely to cause significant instability and collapse of the buildings due to liquefaction. Magnitudes above 6.0 would almost certainly result in catastrophic outcomes for the buildings, with 90%+ of high-rises collapsing. 1% chance every year such a earthquake