Canadian Underwriter

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property damage

Buildings are seen in floodwater following a major rain event in Halifax on Saturday, July 22, 2023. A long procession of intense thunderstorms have dumped record amounts of rain across a wide swath of Nova Scotia, causing flash flooding, road washouts and power outages
News CatastrophesClaimsClaims CanadaConstructionInsuranceRestoration

Months after request, Nova Scotia silent on possible buyout of flooded Halifax homes

January 24, 2024 Keith Doucette – The Canadian Press

HALIFAX – Frustration is building with a lack of a commitment from the Nova Scotia government to buy and demolish some of the Halifax area homes ravaged by massive flooding last July. Halifax Regional Council sent a letter on Oct.

House For Rent Sign - Metallic Meter
News InsuranceLegalLegislation / RegulationRisk

What the short-term rental crackdown means for home insurance

December 15, 2023 by David Gambrill

With the federal government cracking down on short-term rentals, property and casualty insurance providers are urging clients who rent their properties short-term to contact them to verify whether or not they are covered for property damage or liability for third-party

Hurricane Lee approaches Atlantic Canada. Satellite image
News CatastrophesClaimsClimate ChangeInsurance

Lee update: Where the damage is likely to happen

September 14, 2023 by David Gambrill

New Brunswick and Nova Scotia are bracing for flooding and high winds as Hurricane Lee approaches landfall in Atlantic Canada as a Category 1 storm. Currently showing wind speeds of 155 km/h, Lee is expected to become a strong tropical

News AdjustersClaimsClaims CanadaClimate ChangeInsurance

What P&C industry can expect from Kelowna wildfires

August 21, 2023 by David Gambrill

In an eerie coincidence, almost 20 years to the day wildfires caused $200 million in insured damage back in 2003, Kelowna is burning once again. About 30,000 people in the southern Interior region of B.C. — about a third of

An Ottawa resident looking out a window of a tornado-damaged home
News ClaimsClaims CanadaInsuranceRestoration

Tornado hits suburban Ottawa neighbourhood, damaging 125 homes and scattering debris

July 14, 2023 Mia Rabson and Liam Fox - THE CANADIAN PRESS

OTTAWA – The remains of totalled fences, blown-out windows and ripped-off roofs were scattered across a south-end neighbourhood in Ottawa on Thursday after a tornado hit with little warning. After the skies had cleared, families sat out on their porches

Five-alarm blaze at former monastery in Quebec
News ClaimsClaims CanadaInsuranceRestoration

‘Immense sorrow:’ Major fire at Montreal heritage building that once housed monastery

May 26, 2023 Sidhartha Banerjee - THE CANADIAN PRESS

MONTREAL – A major fire at a Montreal heritage building was still not under control Friday and authorities were not able to provide a firm timeline of how long it would take to extinguish the blaze. The fire broke out

News ClaimsInsurance

RCMP vehicles, property damaged during rural house party, police say

November 1, 2022 The Canadian Press

EAST ST. PAUL – Mounties in Manitoba are investigating a large house party in a rural area outside Winnipeg that they say resulted in at least one assault and extensive damage to the property and police vehicles.   Red River North

Aerial view of a small town with several houses completely flooded. Consequence of climate change.
News AnnouncementsCatastrophesClaimsClimate ChangeInsurance

P&C insurers call for a real estate climate risk score

October 26, 2022 by David Gambrill

Canadian P&C insurers are banding with Canada Mortgage and Housing Corporation (CMHC) to push for the disclosure of a real estate “climate score,” indicating the likelihood of a building or property being damaged during a natural catastrophe. Insurance Bureau of

a large branched pine stump with gnarled roots on a slope prone to soil erosion. Environmental issues.
News ClaimsInsuranceLegal

Why Lloyd’s has to defend a progressive property damage case

October 17, 2022 by David Gambrill

Lloyd’s of London has a duty to defend the City of Timmins in a negligence lawsuit, in which homeowners are suing the city for failing to prevent progressive land erosion that led to an order to remove, relocate or demolish

a businessman uses a calculator and a pen while sitting behind a stack of coins increasing in size
News BrokersClaimsCommercial LinesInsurance

How commercial insurers can mitigate claims costs

October 4, 2022 by Alyssa DiSabatino

Although inflationary pressures are adding to the cost of first- and even third-party property claims, commercial insurers can leverage their global resources to reduce these costs, says a commercial insurance exec. “[Inflation] affects the cost to restore a building,” said

Angelique Beauchemin, 100, looks at erosion on her property on the shore of the St. Lawrence River
News Insurance

Quebec homeowners say Ottawa must address decades of erosion caused by ship traffic

June 28, 2022 Morgan Lowrie - THE CANADIAN PRESS

VERCHERES, Que. – Every year, 100-year-old Angelique Beauchemin watches more of her land crumble into the St. Lawrence River. From her home along a busy stretch of river in Vercheres, Que., on Montreal’s South Shore, she watches waves from passing

Pipeline installation and construction
News Insurance

Politicians condemn violence at Coastal GasLink construction site in northern B.C. 

February 22, 2022 Hina Alam - THE CANADIAN PRESS

Politicians are denouncing what police have called a violent confrontation in separate attacks against officers and employees at a construction site for a natural gas pipeline being built across northern British Columbia.   Federal Public Safety Minister Marco Mendicino called the