Ecclesiastical Insurance Office plc: Heating Oil Theft-A Seasonal Risk
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/03/12 -- Once again, thieves have stolen heating oil from a church, this time in Atholville, New Brunswick. The thieves damaged the oil tank and siphoned off some 1,000 litres of heating oil. Steve Venturini, Senior Underwriter at Ecclesiastical Insurance's Halifax office, expressed his concern about the impact of fuel oil theft on faith communities when so many are working with shoestring budgets.
"While the theft of heating oil is a relatively new phenomenon, more and more incidents are reported every year", he said. "In Eastern Canada, we've seen a number of churches targeted over the past few years, along with other institutions and businesses. In fact, the RCMP is investigating 3 other incidents that took place this past October, one of them targeting CN's train engines".
According to Natural Resources Canada, furnace oil prices for the week ending December 13, 2011, ended at $1.17 per litre - 20 cents per litre higher than they were last year. In addition to losing costly oil, the targets may be left with damaged tanks and oil spills which, in turn, can lead to significant clean-up expenses.
"Oil tank contents are most often accessed via unlocked filler pipes and by cutting copper oil lines, says Venturini. "Not only do the thieves make off with the oil, they also make off with the copper - another commodity whose value keeps rising". As a result, Ecclesiastical Insurance has developed various protocols and preventive measures to help deter thieves.
About Ecclesiastical Insurance
Working with broker partners across Canada, Ecclesiastical Insurance provides customized insurance solutions to faith communities, educational institutions, retirement facilities, unique and heritage properties, cultural institutions, registered charities and nonprofit organizations, as well as select commercial enterprises. Owned by a charitable trust, Ecclesiastical is committed to protecting those who enrich the lives of others. For more information, visit .
Contacts:
For information about Ecclesiastical's specialized products
or Risk Management services, please contact:
Colin Robertson
Vice President, Risk Control
(416) 484-3984
Jacinta Whyte
General Manager and Chief Agent for Canada
(416) 484-4900
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Datum: 03.01.2012 - 15:27 Uhr
Sprache: Deutsch
News-ID 100641
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TORONTO, ONTARIO
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Oil & Gas
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