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home damage

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Saskatoon thunderstorm estimated to cost over US$30 million, floods and convective storms cost global economy US$5 billion in June: Aon Benfield

July 6, 2017 by Canadian Underwriter

A thunderstorm over Saskatoon on June 2 that spawned ping pong ball-sized hail is estimated to cost more than US$30 million, Aon Benfield said in its Global Catastrophe Recap report for the month of June. The fast-developing thunderstorm caused the

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Insured losses from Tropical Cyclone Debbie reach nearly AU$1 billion: Insurance Council of Australia

June 30, 2017 by Canadian Underwriter

Insured losses from Tropical Cyclone Debbie have reached nearly AU$1 billion as of June 28, the Insurance Council of Australia (ICA) said on Thursday. As of June 28, insurers had received more than 58,000 claims stretching from North Queensland to

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Ottawa sends military aid to help displaced residents of flooded N.L. town

May 24, 2017 The Canadian Press

HAPPY VALLEY-GOOSE BAY, N.L. – Ottawa is sending military assistance to help the displaced residents of a flood-ravaged town in central Labrador. Public Safety Minister Ralph Goodale says the federal government is stepping in to respond to the severe flooding

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Storms pummel central U.S., as tornadoes kill at least two

May 17, 2017 The Associated Press (APR)

ELK CITY, Okla. – Storms whipped through a wide swath of the central U.S., forming tornadoes that flattened a Wisconsin mobile home park and an Oklahoma subdivision and killing at least two people and injuring dozens of others. The storms

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Q1 claims and claims expense ratio improved 5.6 points for Allstate

May 10, 2017 by Canadian Underwriter

For the second year in a row, hail in Texas in March has cost The Allstate Corp. millions of dollars in claims and claims expenses. Northbrook, Ill.-based Allstate released May 2 its financial results for the first three months of

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Home explodes in DC suburb: ‘It’s just a pile of bricks’

March 20, 2017 The Associated Press

ROCKVILLE, Md. – A house in a Maryland suburb of the nation’s capital was levelled early Friday by a thunderous explosion heard for miles around, a blast so powerful it shattered windows and caused other damage to several neighbouring homes,

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15 U.S. weather and climate disasters in 2016 caused US$46 billion in damages: NOAA

January 9, 2017 by Canadian Underwriter

The United States experienced 15 “weather and climate disasters” last year – each with losses exceeding US$1 billion – for a total of US$46 billion, the National Oceanic and Atmospheric Administration (NOAA) reported on Monday. The disasters, which included eight

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Otto enters Pacific after devastation, 4 dead in Costa Rica

November 25, 2016 Luis Manuel Galeano - THE ASSOCIATED PRESS

MANAGUA, Nicaragua – Tropical Storm Otto killed at least four people in Costa Rica and then headed into the Pacific Ocean Friday after making landfall as the southernmost hurricane on record to hit Central America. Costa Rican President Luis Guillermo

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1.8 million homes in 13 western states at extreme or high risk of wildfire damage: CoreLogic

October 26, 2016 by Canadian Underwriter

Nearly two million homes in 13 western states are at an extreme or high risk of wildfire damage, according to a new report from CoreLogic, Inc. CoreLogic, a global property information, analytics and data-enabled solutions provider, said on Wednesday that

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North Carolina buildings take $1.5B hit from Matthew floods

October 17, 2016 Jonathan Drew - THE ASSOCIATED PRESS

RALEIGH, N.C. – Flooding spawned by Hurricane Matthew has caused $1.5 billion in damage to 100,000 homes, businesses and government buildings in North Carolina, according to a state estimate. The figure released late Saturday represents one of the first detailed

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California heat wave intensifies wildfire threatening homes

September 27, 2016 Noah Berger and Kristin J. Bender - THE ASSOCIATED PRESS

MORGAN HILL, Calif. – A heat wave stifling drought-stricken California worsened a wildfire Tuesday that burned buildings and forced people from their homes in remote communities along the Santa Cruz Mountains. The blaze in a rugged area about 30 miles

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West Virginia Governor calls special legislative session to address “unprecedented” June flood costs

September 19, 2016 by Canadian Underwriter

Earl Ray Tomblin, the Governor of West Virginia, announced on Friday an extraordinary session of the state legislature to address the state’s share of costs associated with flooding in late June of this year. “The June flooding was unprecedented in