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Canadian insurance industry responds to Goderich tornado


August 23, 2011   by Canadian Underwriter


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The Canadian insurance industry is springing to action in the wake of the F3 tornado that devastated the Southwestern, Ontario town of Goderich on Aug. 21.
Companies and associations are releasing statements detailing their respective activity in the area affected by the storm.
Crawford & Company (Canada) adjusters in the area, along with Crawford’s National Catastrophe (CAT) team, are on stand by preparing for the influx of claims expected to result from this event, a Crawford release says.
Crawford’s Global Technical Services adjusters are also prepared to assist with any large complex property losses resulting from the tornado.
Cunningham Lindsey Canada Claims Services Ltd. also has adjusters on the ground in the area, responding to calls.
“It’s absolute devastation,” said Brad Arnold, CLC’s local adjuster in the area. “There is extensive damage to a large percentage of businesses in and leading to the town square. Homes from the lake (Huron) to the east end were directly in the path of the tornado and were devastated as well. Some businesses and homes will be repaired, some will not. Debris removal will continue for days and many businesses will not be accessible due to safety.”
The Insurance Brokers Association of Ontario also issued a statement, encouraging affected consumers to contact their local insurance broker to discuss their situation, to call IBAO directly at 1-800-268-8845 for more information.
IBAO added that most standard insurance policies cover the perils of tornadoes and hurricanes, and lightening and hail are classified as named perils.


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