Business Insurance

Login  |  Register Subscribe

cbVid =

Canada: Sunrise Propane to pay $21.6 million in proposed settlement for 2008 blast

July 4, 2014 - 6:00am

Sunrise Propane will pay out more than $23 million Canadian ($21.6 million) in a proposed settlement payment for a 2008 propane explosion in north Toronto, Canada, Global News reported citing The Canadian Press.

The court has yet to approve the proposed settlement. Nearly CAD 8 million would go to individuals to cover expenses, including injuries and uninsured losses, while another CAD 8 million would go to insurers. The blast left one person dead and forced many others from their homes, Global News reported.

Read more


Get our daily Global Focus newsletter

You may also want to visit

International Content