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Catastrophes


News CatastrophesClaimsInsurance

Removing crane downed in Halifax during Dorian cost $2 million: minister

November 28, 2019 The Canadian Press

HALIFAX – Nova Scotia’s transportation minister says the cost of removing a construction crane that toppled in downtown Halifax during post-tropical storm Dorian is at least $2-million. Lloyd Hines says the province is examining invoices from an engineering firm and

News CatastrophesClaimsClaims Canada

Thousands displaced by this apartment fire won’t go home this year

November 18, 2019 by Greg Meckbach

More than 1,000 residents displaced by a major electrical fire in 2018 will not be moving back into their apartment building this year. A fire broke out Aug. 21, 2018 in the electrical room of 650 Parliament Street, a high-rise

News CatastrophesClaimsInsurance

A new way to make insurance for high-risk homes in flood plains affordable

November 14, 2019 by Adam Malik

Amphibious architecture could be the key to mitigating flood risk and making insurance affordable for those living and working in floodplains, according to one expert. The technology allows structures to float as water levels rise. Amphibious construction and retrofitting of

News CatastrophesInsuranceRestoration

Evacuation order lifted nearly two months after crane collapse

November 6, 2019 The Canadian Press

HALIFAX – The last three businesses evacuated when a crane collapsed in downtown Halifax are being allowed to return to their locations, almost two months after a storm toppled it. The final stage of the crane and debris removal from

Feature AdjustersCatastrophesClaims CanadaReinsurance

Heat Map

November 3, 2019 Greg Meckbach, Associate Editor

Reinsurers bore a large portion of the Fort McMurray wildfire losses. Now, they want better data on Canada’s high-risk areas

Feature CatastrophesClaimsClaims Canada

Mind the Gap

November 2, 2019 Jason Contant, Online Editor

The gap between those who are insured against catastrophes and those who aren’t is still noticeably wide, particularly as storms are supposed to get worse. Monica Ningen, president and CEO of Swiss Re Canada and English Caribbean, describes  what can be done.

News AdjustersCatastrophesClaimsClaims Canada

How B.C. plans to address nat cat risk management

October 29, 2019 Dirk Meissner - THE CANADIAN PRESS

VICTORIA – The challenges of preventing and responding to devastating wildfires and floods in British Columbia and the prospect of more disasters to come has prompted the government to reassess its emergency management laws. The Emergency Program Act needs to

News CatastrophesClaims CanadaEngineering

Final pieces of storm toppled crane removed off top of Halifax building

October 28, 2019 THE CANADIAN PRESS

HALIFAX – The final pieces of a crane that collapsed onto a building in Halifax last month, during post-tropical storm Dorian, have been removed. A government release says the pieces that were lying on the top storey of the Olympus

News CatastrophesClaimsClaims Canada

Flood risk in southwestern Ontario: It’s not just rainfall…

October 16, 2019 by Greg Meckbach

Higher-than normal levels on the Great Lakes are increasing water damage risk in Windsor, Ont., which was hit two years ago with flooding that cost the industry more than $100 million. “We are well above where we typically are for

News CatastrophesClaimsInsurance

After Dorian: Will Canada hit $2 billion in insured losses again this year?

October 7, 2019 by Jason Contant

Canada has already surpassed $1 billion in insured losses with nearly three months left in 2019, according to Catastrophe Indices and Quantification Inc. (CatIQ). “Last year, insured damage from severe weather across Canada exceeded $2 billion, the fourth-highest amount of

News Catastrophes

Two remaining mysteries from 2008 Sunrise Propane explosions

October 4, 2019 by Greg Meckbach

Eleven years after the Sunrise Propane explosions in north Toronto that forced the evacuation of about 12,000, no one seems to know exactly what caused that accident or what the total damage was, an Annual Engineering Insurance Conference speaker suggested

News CatastrophesInsurance

The burning question: where is Canada’s national wildfire plan?

October 1, 2019 by Adam Malik

Enough talk about wildfire risk has taken place, says Zurich Canada’s risk boss. Now there needs to be real action around building a national strategy on wildfires. It’s been three years since the wildfires in Fort McMurray, Alta., for which