Canadian Underwriter

News

Damaged tree and electric pole. News CatastrophesInsurance

[Updated]: Possible tornado in Windsor, Ont., area damages homes; 3 injured

August 25, 2016 by The Canadian Press

WINDSOR, Ont. – More than a dozen homes were damaged and at least three people injured Wednesday evening amid multiple reports of a possible tornado touching down in southwestern Ontario. Environment Canada said an eyewitness saw a tornado near LaSalle,

?????????????????????????????????????? News InsuranceMarkets / CoveragesPersonal LinesTechnology

Gap exists between opportunity, willingness to take part in usage-based insurance programs in U.S.: LexisNexis

August 25, 2016 by Canadian Underwriter

There is an apparent gap between polled U.S. drivers who are open to taking part in usage-based insurance (UBI) and those who are provided the opportunity to do so, suggest survey results released today by LexisNexis Risk Solutions. That disconnect

IMG_3396-370x278 News CatastrophesClimate ChangeCommercial LinesInsuranceMarkets / CoveragesPersonal LinesReinsurance

Saturated ground means more rain could spur more flooding in southern Louisiana: AIR Worldwide

August 25, 2016 by Canadian Underwriter

Additional rainfall could result in more flooding in southern Louisiana, already hit hard by extensive flooding associated with one of the state’s most catastrophic, non-tropical cyclone-triggered flood events in decades. “In the event of further rainfall, the region’s flat topography,

Tornado storm sky News CatastrophesInsurance

Possible tornado touches down in Windsor area causing damage

August 24, 2016 by The Canadian Press

WINDSOR, Ont. – Multiple reports of a possible tornado touching down in southwestern Ontario flooded social media as a wild storm passed through Wednesday evening. Video of the funnel cloud forming over LaSalle from @TheWindsorStar reader Katie Lynn Maheux #YQG

View from the window of a private house in rainy weather News CatastrophesClimate ChangeCommercial LinesInsurancePersonal Lines

Almost $65 million in insured damage from severe summer storm in Alberta, Saskatchewan

August 24, 2016 by Canadian Underwriter

A severe storm that swept through southern Alberta and Saskatchewan in the third week of July has prompted an insured damage estimate of almost $65 million, reports Insurance Bureau of Canada (IBC), based on figures provided by Catastrophe Indices and

Photo courtesy of Enercon News Commercial LinesInsurance

Wind turbine collapses in Nova Scotia, investigation underway

August 24, 2016 by THE CANADIAN PRESS

HALIFAX — An investigation has been launched into the collapse of a wind turbine on Cape Breton Island, where workers were told to leave the tower before it toppled over. Montreal-based Enercon Canada Inc. issued a statement Aug. 19 saying

Playing Pokemon Go While Driving a Car News Commercial LinesInsuranceTechnology

Pokémon Go risks include distracted driving, exposure of confidential data: Northbridge

August 24, 2016 by Canadian Underwriter

Northbridge Insurance recently warned of several risks arising from the Pokémon Go computer game, including exposure of confidential information, liability exposure and distracted driving. “Augmented reality games usually require your GPS location and a data connection (either WiFi or cellular

A building destroyed in 2009 by an earthquake in L'Aquila, Italy, 45 kilometres from the area hit by another tremor Aug. 24, 2016 News CatastrophesConstructionInsurancePersonal LinesReinsurance

Low-quality cement, inadequate supporting rods among issues in Italian region hit by earthquake: Aon

August 24, 2016 by Canadian Underwriter

The region of Italy hit by an earthquake early Wednesday morning, which killed at least 65, has buildings with “inadequate supporting iron rods” and a “relatively low” penetration of earthquake insurance for residential property, Aon plc’s Impact Forecasting LLC subsidiary

Social media marketing concept connectivity illustration News InsuranceMarkets / CoveragesTechnology

InsurTechs driving disruptive innovation in insurance customer engagement: U.S. report

August 24, 2016 by Canadian Underwriter

While the vast majority of surveyed insurance executives and InsurTech professionals in the United States are engaged in redesigning the customer experience, two-thirds do not have a full grasp of how evolving digital ecosystems can impact customer acquisition and customer

United States President Barack Obama consoles a resident whose home near Baton Rouge, Louisiana was damaged by flooding News CatastrophesReinsurance

FEMA approves $107 million in grants in Louisiana flooding

August 24, 2016 by Melinda Deslatte - THE ASSOCIATED PRESS

BATON ROUGE, La. — Heavy trucks and their works crews have begun hauling away mounds of mouldy carpet, warped flooring and water-damaged furniture as south Louisiana digs out from flooding the governor estimated Tuesday had wrecked more than 100,000 homes.

Okanagan Valley Vineyard Scenic, British Columbia News CatastrophesReinsurance

Wildfire still active, 75% contained in British Columbia’s Okanagan Valley

August 24, 2016 by THE CANADIAN PRESS

WEST KELOWNA, B.C. — Visitors forced to flee from a campsite in British Columbia’s Okanagan Valley ahead of a raging wildfire on Sunday night will have a chance to retrieve abandoned items. The Central Okanagan Regional District says people who

Rescuers search for survivors through rubble after an earthquake, in Accumoli, central Italy, Wednesday, Aug. 24, 2016. A devastating earthquake rocked central Italy early Wednesday, collapsing homes on top of residents as they slept. At least 23 people were reported dead in three hard-hit towns where rescue crews raced to dig survivors out of the rubble, but the toll was expected to rise as crews reached homes in more remote hamlets. (AP Photo/Andrew Medichini) News CatastrophesReinsurance

Italian rescuers pull victims out of rubble after 6.2 earthquake hits northeast of Rome

August 24, 2016 by Paolo Santalucia And Nicole Winfield - THE ASSOCIATED PRESS

AMATRICE, Italy – A strong earthquake rocked central Italy early Wednesday, collapsing homes on top of residents as they slept. At least 11 people were reported dead in two hard-hit towns where rescue crews raced to dig survivors out of