Canadian Underwriter

Keyword
wildfires

Burnt out trucks from a wildfire in Drayton Valley, Alta. in May 2023
News CatastrophesClaimsClaims CanadaClimate ChangeInsuranceRisk

Alberta to add firefighters for expected busy wildfire season: minister

February 9, 2024 Bob Weber – The Canadian Press

Alberta will field more firefighters, more volunteers and more high-tech gear as it braces for what it expects will be another busy wildfire season, the province’s forestry minister said Thursday. And as the province faces a summer of possibly severe

Firefighters battle a wildfire blaze
News CatastrophesClaimsClimate ChangeInsurance

What the industry learned from a 20-year-old wildfire

January 11, 2024 Jason Contant

The devastation of British Columbia’s Okanagan Mountain Park wildfire in 2003 was unlike anything Janna Smart had adjusted before. “It was full of raw emotion, chaos, destruction, and limited experience in handling a wildfire in a densely populated area. It

Heavy smoke from wildfires in Alberta and B.C.
News CatastrophesClimate ChangeInsuranceMarkets / Coverages

Canada to pilot options for national emergency response agency in 2024

December 15, 2023 Mia Rabson - THE CANADIAN PRESS

OTTAWA – A new national emergency response agency may consist of regional response teams that Ottawa can call into action when disaster strikes, Emergency Preparedness Minister Harjit Sajjan said in a recent interview. It is clear some kind of federal

Fire, flood, hurricane
News BrokersCatastrophesClaimsInsurance

Can Canada’s P&C industry catch up to NatCats?

December 14, 2023 Philip Porado

In much of Nova Scotia, last summer was hell. The Tantallon wildfire in May and June generated $165 million in insured damage, mostly for personal property, by the time the flames went out July 4. In a normal year, residents

Moving office sign. Clipart image isolated on blue background.
News BrokersCatastrophesClaimsInsuranceLegislation / Regulation

Floods, wildfires: How an incorrect address cost a broker his job

December 6, 2023 by David Gambrill

Insurance Council of British Columbia has fined a former broker $1,500 for failing to notify his commercial client that the company’s address change — which located the business in a floodplain — triggered a lack of coverage during a subsequent

Hurricane Fiona
News BrokersCatastrophesClaimsClimate ChangeInsuranceMarkets / Coverages

Coastal storms: Could U.S. scenario happen here?

November 1, 2023 Philip Porado

Increasing intensity of hurricanes making landfall along the U.S. coastline, sparked largely by climate change, has resulted in significant insured losses for several years. And storms seem to be getting worse. That trend impacts insurability and, going forward, “property values

People stranded by high water due to flooding in B.C.
News CatastrophesClaims CanadaClimate ChangeInsurance

B.C. disaster response outdated and inaccessible for evacuees: ombudsperson

October 4, 2023 Brieanna Charlebois - THE CANADIAN PRESS

VANCOUVER – Emergency support programs for disaster evacuees in British Columbia are outdated, under-resourced, inaccessible and poorly communicated, according to a report by the province’s ombudsperson. Ombudsperson Jay Chalke’s report on the government’s response to wildfires and severe flooding in

Fighting a forest fire at night
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Four young B.C. firefighters heading home die in head-on crash on highway 

September 21, 2023 Brenna Owen - THE CANADIAN PRESS

Four young men travelling home after helping in the battle against wildfires in central British Columbia are dead after a fiery head-on crash, police and provincial officials said Wednesday.   RCMP Cpl. James Grandy said emergency crews responded around 2 a.m.

A gas station destroyed by the Bush Creek East wildfire in Squilax, B.C.
News ClaimsClaims CanadaInsuranceRisk

B.C. to introduce new disaster management laws to address preparedness, mitigation

September 20, 2023 The Canadian Press

VANCOUVER – British Columbia’s emergency management minister said the province will be ready to introduce “in the coming weeks” new laws to govern responses to increasingly frequent natural disasters such as wildfires and flooding.   Bowinn Ma told a gathering at

A Kelowna wildfire burns on Aug. 18
News CatastrophesClaimsInsurance

Intact reports Q3 wildfire claims losses

September 1, 2023 by David Gambrill

Intact Financial Corporation is projecting $570 million Cdn in pre-tax losses due to wildfires in 2023 Q3, the company announced Thursday. Intact has a national Canadian P&C insurance market share of 18.7% based on $12.6 billion of net premiums written

U.S. Forest Service co-pilot helping fight Canadian wildfires
News CatastrophesClaimsClaims CanadaInsuranceRisk

Canada’s wildfires: Is industry concerned about lack of firefighters?

July 21, 2023 by Jason Contant

With Canada’s record-breaking fire season continuing to burn hot, firefighter availability and the country’s system of sharing resources is stretched thin. For Canada’s P&C insurance industry, the overall lack of firefighters is a concern, given the sheer number of fires

A forest fire burns among a residential area
News AssociationsCatastrophesClaimsClimate ChangeInsurance

Wildfires: Where there’s smoke, there’s damage

July 18, 2023 by David Gambrill

As smoke from almost 900 of Canada’s wildfires descends upon the United States, resurrecting media reports about air quality, Canadian property and casualty insurers have an eye on a different type of exposure — property damage claims due to wildfire