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Climate Change: Is the insurance sector a threatened service taken for granted?

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Photo by Surface on Unsplash

BY STEVEN KASZAB

Please consider…

Insurance is a service and product we all need and is essentially required if we want to participate in society at large. Insurance is one of those products that is often taken for granted, which we sign up for, not researching the small print in each contractual glance.

We need to wake up, gather our insurance contracts and read them well, understanding what the particular insurance grantor protection is being provided, and whether these insurance plans can be denied, changed or manipulated in an unexplained manner by the issuer.

Climate change and the pandemic have raised questions about whether private coverage will be available for many of us in the future. Climate change, weather patterns, unforeseen climatic disasters have driven wealthy insurers to the financial brink of disaster. Changes are coming fast.

What have Insurance firms been forced to deal with in the last two years?

  • Massive and destructive flooding along floodplains, rivers, lakes and the rising tides of seas and oceans.
  • Twisters, hurricanes, windstorms, water fountains have caused massive damage.
  • Persistent droughts, biological contagions have wreaked havoc upon many agricultural sectors.
  • Water toxicity spreads through our drinking water supply.
  • The Western population is growing older, with greater deaths. Payouts have increased in two decades 30%, while the populations of Asia, Africa, Latin America have far more uninsured citizens.
  • Forest fires rage across Northern global nations.

Home insurance costs have increased 8-15% this year. Why? Global reinsurance firms called re-insurers have jacked up their prices to cover costs. Insurance firms go to re-insurers to transfer some of their risk associated with global mishaps. You go to an insurer, who then goes to a re-insurer to cover possible costs.

Statistics Canada said reinsurance premiums have increased between 25-100% in 2022, and while much of this was not passed onto consumers, some had to be. With the massive losses experienced in 2022-23, with: hurricanes, twisters, flooding, droughts, and unending seasonal forest fires these costs are now being passed onto consumers.

Those of us who live in area’s seemingly protected from natural disasters, will experience increases that will come to cover our insurers massive payouts. Problem is many insurers will be forced to deny insurance claims, negotiate lower payouts and ultimately refuse to insure certain consumers.

The Insurance Bureau of Canada said last year’s personal property claims averaged $7 billion annually, up from $5.8 billion. Severe weather caused $3.1 billion. Then came Fort McMurray’s wildfire disaster. The costs were spread across the nation, but now there are far too many climatic disasters, and rising premiums have begun to appear. Businesses within the hospitality and tourism sector have found insurers unwilling to insure them. No insurance, and businesses cannot open, or operate.

The insurance sector will reimagine the various regions of our nations creating danger zones, places where the probability of costs increasing/profits declining for the insurer will happen. If you live in such a danger zone your insurance will increase and become difficult to acquire:

  • Those who live in flood plains, low level shorelines and along low shoreline rivers, lakes or ocean shores.
  • Traditional areas where droughts, floods, hurricanes encroach. (Southeastern USA, California, Arizona).
  • Northern Regions that are forested, are isolated from firefighting services. (Northern America-EU-Russia).
  • Costs and insurance for individuals, businesses will increase remarkably if located in danger zones.

Insurance (not related to climate change):

  • People afflicted by obesity and preconditioned illnesses will find acquiring and maintaining insurance difficult.
  • Availability of health insurance will become more difficult to acquire. Uninsured population will increase.
  • Automotive insurance costs will become highly excessive and very regionally patterned.
  • Pharmaceutical costs due to legal actions/costs and liability will increase the cost of vital medications.

Insurers have found the acquisition of new consumers outside of those areas inflicted by climate change to be far more profitable and easier to manage. The aged population of the Americas and the EU will place greater economic drains upon insurers profits, while virgin economic regions in: Asia, Africa and Latin America lay open to the insurance sector’s manipulations.

Paul Kovacs of The Institute of Catastrophic Loss Reduction in Toronto said it has been proven that investing $1.00 in prevention can save governments, insurers and individuals between $5 to $10 when disaster comes, yet getting this investment in prevention is seen as a hard sell to all involved. Examples like overland flooding insurance (not available until 2016) now has over 10 million Canadians signed on. 10% of Canada’s homeowners are considered too high risk to get such insurance, as they reside in danger zones.

When I was fortunate to purchase my home, it was located away from all waterways, on a hill angled slightly for good drainage. Outside of the occasional twister we have been free of most climatic threats.

Fingers crossed.

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Who was the best in Reggae and Dancehall in 2024? We have the list

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BY MICHAEL THOMAS

As 2024 is getting set to greet 2025, Reggae and Dancehall is also getting set to unleash more of its timeless musical vibes on the world, and wherever you are it is going to reach you.

Bob Marley once said, “One good thing about music, when it hits you feel no pain,” and so from the looks of things as reported by heavyweight VP Records, Reggae and Dancehall fans can expect to be “brutalized with music,” Reggaematically and in a Dancehall style. Let us go in.

First, we shall examine some timeless releases and fresh reissues, these go as follows:

  • Sizzler’s “Black Woman and Child” along with Beres Hammond “Just a Man” were reissued carrying with them the original ingredients, while feeling the same even decades later.
  • Fredlocks “Black Starliner” with its timeless message, and Sister Nancy’s “Bam Bam” was reissued on gold vinyl. The re-release of Travellers “Black Black Minds” brought back memories of when sweet harmonies reigned in Kingston.
  • Eek-A-Mouse “Ganja Smuggling” made a comeback as a limited 7-inch while Bob Marley’s “Chatter Box” made its long-awaited digital debut following a vinyl release on Record Store Day 2023.These reissues brought back the moments when the turntable was king.

Now we shall look at the Reggae and Dancehall stars who turned Gold and Platinum, shall we? YG Marley’s “Praise Jah in the Moonlight” took Platinum in the US. This song sold over one million units in under twelve months.

In the UK Gyptian “Hold Yuh” went Double Platinum and Spice grabbed her first certificate there as well with “So Mi Like It.” Spice’s song also went gold in Canada and Wayne Wonder’s” No Letting Go” made it to Platinum in the UK too.

Dutty (aka Mr. Sean Paul) added to his long list by certifying gold with “We Be Burnin” and “Am Still in Love with You” plus a Platinum for “The Trinity” proving that Reggae and Dancehall knows no global boundaries.

Now for a little recognition, Records Mart opened its doors 55 years ago in Kingston Jamaica and has not looked back since. My first interview and article as a reporter for Toronto Caribbean Newspaper was titled (VP Records Still Going Strong at 40.)

I remember how Patricia Chin (aka Miss Chin) took more time than usual to explain to me how it all began and where it has come today. This label is celebrating 45-years of promoting and lifting up Reggae, Dancehall and Caribbean music internationally, hats off to you VP Records.

Some real heavy hitters are celebrating 40 and even 50 years of music, from: Yellowman (who I consider the king of all Dancehall), Johnny Osbourne, Agustus Pablo, the great Max Romeo, and the Cool Ruler himself the late Mr. Gregory Isaacs are all in the lineup.

Those in a more recent lane are Morgan Heritage, Tanya Stephens, and Queen Ifrica, who are all celebrating milestones musically with their respective songs of: 25, 20 and 15 years.

Romain Virgo has become quite a force to reckon with, and like fine wine, he is maturing nicely. The release of his album titled “The Gentleman” has gotten him included in the Granny.com list of artists shaping Reggae today. Virgo was named Male Reggae Artist of the Year at the Caribbean Music Awards and with performances from the US to Europe and more. Like I said earlier, Virgo is not to be taken lightly musically.

Vybz Kartel has reemerged after 13 years in the “big house”, but will this former hitmaker be able to hold his position as the once relevant showman that he is known as? As Jimmy Cliff once said, only time will tell.

The Reggae and Dancehall landscape is constantly producing a string of new and vibrant talents who are willing and able; artists like Ai Milly and Skippa to name a few. Shenseea, Teejay and Mesicka are reaching out globally as well.

On the label front, Greensleeve Records has been around forever and is making waves on Instagram and are also hosting Reggae sessions across the UK. This is the label that brought us legends like: Yellowman, Macka B and Eek-A- Mouse to name a few.

There is so much to mention here like Peter Metro once said, “Paper never nuff.” Morgan Heritage tributed lead singer the late Peter Morgan in Central Park NYC. This year Reggae and Dancehall were treated royally.

On August 6th, 2024, Jamaica’s Prime Minister presented the Reggae Icon Award to: Bounty Killer, Bennieman, Third World, and Patricia Miss Pat Chin for their unmatched work in the vineyard of Reggae music.

Later on (August 29th, 2024), in Queens New York Sean Paul got the entertainer’s Key to the City for his Reggae and Dancehall contribution there. On August 31st, 2024, Shaggy presented Marcia Griffiths the Queen of Reggae with a Lifetime Achievement Award.

Many more including the sound men were honored for their outstanding work in the field of Reggae and Dancehall and for their contributions worldwide.

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No need to leave the resort grounds for a luxurious spa day – Pure Bliss is Found at Renova Spas

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BY SIMONE J. SMITH

As I walked in, what I noticed first was the soft, natural light filtering through large windows. Gleaming polished wood and elegant decor created a sense of understated luxury. The overall aesthetic was one of refined simplicity, inviting me to leave the stresses of the world behind.

The air was infused with the delicate fragrance of essential oils, perhaps a blend of lavender and chamomile, creating a deeply relaxing and invigorating atmosphere. Subtle hints of aromatherapy wafted through the spa.

I was given a soft, plush robe and slippers that invited me to sink into the comfort of sinful indulgence.  Before my treatment, I was offered a glass of infused water, and finally I was introduced to my skilled therapists who did a great job of melting away my tension.

This sensory description was meant to evoke the feeling of tranquility and rejuvenation, one that guests can expect at the Renova Spa. I was invited by the team at RIU Hotel & Resort to visit their White Bay Beach, Falmouth, Trewlany property on the sunny island of Jamaica.

Featured in 13 countries across five continents with over 50 spas, Renova Spa’s commitment is to create authentic experiences for the total relaxation of their guests during their vacation. While Renova SPA offers different treatments throughout the world, the menu of each SPA is tailored to the Resort’s theme, design and clientele. Their programs are thoughtfully designed to luxuriously pamper and indulge, heal and nourish, restore and rejuvenate.

During my visit to Renova Spa, I was offered a range of rejuvenation and relaxation therapies. I was able to personalize my spa experience. I was impressed with Renova Spa’s ability to anticipate my needs and desires. Their services are thoughtfully designed to: luxuriously pamper and indulge, heal and nourish, restore and rejuvenate.

Renova Spa distinguishes itself in the competitive luxury spa market by prioritizing guest comfort and innovation. Recognizing that true luxury extends beyond opulent decor, Renova Spa has thoughtfully designed its facilities with a focus on personalized experiences. With a range of private cabin options, including intimate single cabins and spacious double cabins for couples, guests can enjoy a sense of tranquility and exclusivity.

Renova Spa seamlessly integrates a comprehensive suite of beauty services, from rejuvenating haircuts and manicures to glamorous wedding packages, ensuring a holistic approach to self-care. The dedicated bridal room, complete with private hair and makeup stations, exemplifies this commitment to creating a special and memorable experience for brides and their entourage.

Finally, the inclusion of a spacious humid area featuring a Jacuzzi and accessible steam rooms enhances the overall guest experience, offering a luxurious and relaxing prelude or postlude to any spa treatment.

Imagine waking up in paradise and stepping directly into a world of tranquility and rejuvenation. No need to leave the resort grounds for a luxurious spa day – pure bliss is just a few steps away. This exclusive partnership sets RIU apart, offering unparalleled convenience and an added layer of luxury that truly distinguishes your Jamaican getaway.

Choose RIU, choose paradise!

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With an impending election, we should be ready for some serious change

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BY ADRIAN REECE

With change in leadership comes a new direction and a new set of rules ready to be ushered in. With the elections in America finished and Trump ready to step into office in January, there are new rumours spreading that put America and Canada on notice. There are some subtle rumours going around that will impact both sets of citizenry. Trump has stated he will be instituting tariffs on foreign goods, in an attempt to improve the American economy. The Canadian prime minister has stated how much this will impact Canada. The rumour flying around is that Trump has offered to purchase Canada and turn us into an American state.

The thought of one country purchasing another one is laughable in the 21st century, however looking at world history, the idea isn’t so farfetched. Canada previously sold Alaska to the United States years ago, and colonies have been purchased, run and sold by different countries all through the eras of slavery.

America certainly has the capital and would benefit greatly from acquiring the natural resources that Canada possesses, however would Canadians want to become American citizens? The big question is how would our lifestyles change? There are of course pros and cons to every decision in life and of course this one comes with huge negatives and positives.

Canadians would receive a boost in their financial buying power internationally. We would have access to the “American dream” that enables people to build wealth for generations. travelling to different states would be much easier as now the aspect of crossing the border won’t exist. The exchange rate will disappear, and we will receive instant access to higher value currency. All these things sound appealing, but there are caveats to anything that sounds too good. Canadians would lose their individuality on the world stage, we would also become a target for international American scrutiny and criticism, we would be subjected to the censorship of information and our food quality would plummet due to the low levels of effort America puts into their food distribution and health factors.

While most likely this purchase will not happen, the fact that it is being spoken about even as a rumour is something scary to consider. We have been under leadership that has been making poor decisions and this would be one of them. Does our Prime Minister want us to become America’s next state, and give up our individuality and cultural significance in the world? It seems like we’ve already been subjected to a cultural change over the last few years, beginning with Covid. The longer we remain with the same leadership the closer we are to completely losing the diversity and originality that comes with being a Canadian citizen.

With a Canadian impending election, we should be ready for some serious change, especially with how frustrated people and politicians are in regard to the current leadership. Until we officially see a new Prime Minister take office, we should be ready for some last minute political decisions that appear to be in our best interest, but do not serve us long term. After all, for almost a decade we have been subjected to political decisions that do not support working class citizens but seek to destroy the little autonomy we possess. Selling us to America would be the final nail in the coffin for a country like ours.

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