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flash floods

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Hurricane Harvey likely to be one of the costliest natural disasters on record for U.S. economy: Aon Benfield

September 8, 2017 by Canadian Underwriter

Hurricane Harvey is likely to be one of the costliest natural disasters on record for the economy of the United States, with damage from the hurricane to minimally cost tens of billions of dollars, Aon Benfield has reported. Impact Forecasting,

News CatastrophesInsuranceMergers and Aqcuisitions

Suspected tornado flattens businesses in Alabama

June 22, 2017 Kevin McGill - THE ASSOCIATED PRESS

NEW ORLEANS – A suspected tornado near Birmingham, Alabama, flattened businesses and injured one person Thursday, while the mayor of a coastal Louisiana town urged residents to evacuate ahead of a rising tide – two lingering effects of a weakening

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Manitoba issues flood watch advisory as heavy rain continues to fall

October 5, 2016 by Canadian Underwriter

The province Manitoba has issued a flood watch advisory as heavy rain continues to fall throughout the province. The Hydrologic Forecast Centre of Manitoba Infrastructure reported on Tuesday that a major storm system has moved into the southwestern, western, northern

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June storms in Ontario and Prairies cost about $34 million in insured damage: CatIQ

July 19, 2016 by Canadian Underwriter

The storms that hit Saskatchewan, Manitoba and Ontario on June 24 and 25 caused more than $34 million in insured damage, according to estimates from Catastrophe Indices and Quantification Inc. (CatIQ). A press release issued on Tuesday by the Insurance

News CatastrophesInsuranceMergers and Aqcuisitions

Parts of Texas see 10 to 20 inches of rain in 24-hour period: AIR Worldwide

June 7, 2016 by Canadian Underwriter

Texas, still drying out from one of its wettest springs on record, received additional heavy rainfall during the last two weeks, causing major flooding throughout the state, catastrophe modelling firm AIR Worldwide said on Monday. AIR Worldwide said in a