Topic
Catastrophes
Alberta officials say huge Fort McMurray wildfire no longer growing
June 13, 2016 The Canadian PressFORT MCMURRAY, Alta. – The huge wildfire that tore through parts of Fort McMurray and northeastern Alberta is classified as being held for the first time since it became out of control in early May. Wildfire information officer Lynn Daina…
U.S. insurers paid US$5.37 billion in total hail claims for 2008-14; 2011 and 2014 costliest years
June 13, 2016 by Canadian UnderwriterThe years of 2011 and 2014 were the costliest years for hail-related vehicle claims in the United States during a 2008-14 study period, with losses concentrated in the country’s midsection, according to an updated analysis by the Highway Loss Data…
Province of Alberta introduces new website, improved mobile app to help manage flood risk
June 10, 2016 by Canadian UnderwriterThe government of Alberta has introduced a new website and updated mobile app to help “keep Albertans informed and allow municipalities to respond faster and more efficiently if conditions change.” Although Alberta Environment and Parks (AEP) noted in a press…
$508 million in pollution liability for B.C. government: Report
June 10, 2016 by Canadian UnderwriterThe British Columbia government said Friday that as of March 31, the province’s forests, lands and natural resource operations department recognized $508 million in pollution-related liabilities related to property managed by the Crown Contaminated Sites Program. The ministry on Friday…
Crawford Establishes Office in Fort McMurray
June 10, 2016 Crawford & Company (Canada) Inc.TORONTO – Crawford & Company (Canada) Inc. is pleased to announce that it has established a new permanent office in Fort McMurray, Alberta, allowing the company to continue to provide high level service to its insurer partners and the policyholders…
Practical drift an invisible, potentially catastrophic threat to supply chain
June 9, 2016 by Angela StelmakowichOne of the biggest threats to a company’s supply chain cannot even been seen, but surely will be felt should it take hold, Nexbridge Inc.’s Randall Becker suggested Wednesday during the World Conference on Disaster Management in Toronto. Practical drift,…
2013 Calgary floods spawned ‘increased demand’ for services from non-profits: World Conference on Disaster Management speaker
June 9, 2016 Greg Meckbach, Associate EditorNon-profit organizations need to be prepared for natural disasters so they can help deliver public services, speakers suggested Tuesday at the World Conference on Disaster Management. From research conducted after the floods in affecting southern Alberta in 2013, the Calgary…
Pelican Lake wildfire threat eases, allowing Cenovus workers to return
June 9, 2016 The Canadian PressWABASCA, Alta. – An out-of-control wildfire in northern Alberta that prompted two companies to curtail heavy oil production in the Pelican Lake area is now being held, one of the companies says. Cenovus Energy Inc. (TSX:CVE) said it safely shut…
Louvre reopens after flooding, as cost of rain damage mounts
June 9, 2016 The Associated PressPARIS – The Louvre and the Orsay, the premier museums of Paris, have reopened after an emergency closure last week to move masterpieces to higher ground during the city’s worst flooding in decades. Visitors lined up to see the Mona…
Business continuity training should happen first day on the job: World Conference on Disaster Management speaker
June 8, 2016 Greg Meckbach, Associate EditorEveryone needs to be trained in business continuity management, and the importance of managing expectations is one lesson learned during the major floods in 2013 in southern Alberta, speakers suggested Tuesday at the World Conference on Disaster Management. “Exercising is…
‘Nuisance flooding’ exceeds trends, breaks records in the United States: NOAA
June 8, 2016 by Canadian Underwriter‘Nuisance flooding’ exceeded trends and broke records, especially in the southern United States and Gulf Coast, possibly due to a strong El Niño compounding already rising sea levels, the National Oceanic and Atmospheric Administration (NOAA) said on Wednesday. The frequency…
Global disasters in May, including Fort McMurray wildfire, leading to US$7 billion in claims: Aon Benfield
June 8, 2016 by Canadian UnderwriterGlobal disasters in May led to at least US$7 billion in claims, including anticipated insured losses in excess of US$3.1 billion from the Fort McMurray wildfire, according to Aon Benfield’s Global Catastrophe Recap for May. The Global Catastrophe Recap report,…