Canadian Underwriter

Topic
Climate Change


News CatastrophesClimate Change

How this city uses technology to detect wildfire

September 3, 2019 THE ASSOCIATED PRESS

ANCHORAGE, Alaska – Thermo-sensing cameras were installed in Alaska to help the fire department locate, analyze and monitor wildfires, officials said. The security-like thermography camera is meant to help the Anchorage Fire Department respond to fires faster by providing a

News Climate ChangeInsuranceRisk

A new real-time model for predicting urban flood resilience

August 29, 2019 by Jason Contant

A newly-proposed flood model can provide a real-time prediction of urban flooding caused by heavy rainfall in a changing climate, but it may not be of particular interest to insurers. “The model can be used not only for real-time flooding

News Climate ChangeCommercial LinesInsuranceLegislation / Regulation

Top 2 priorities for Canadian commercial insurers

July 23, 2019 by David Gambrill

Two major issues facing personal lines insurers – auto and climate change – are similarly vexing commercial insurers, says Insurance Bureau of Canada (IBC)’s new board chair, Silvy Wright. And working with Canadian insurance regulators will be key to responding

News Climate ChangeInsurance

Flood risk awareness: Dialogue around “re-location” has arrived

July 18, 2019 by David Gambrill

Canadian P&C insurers believe they are starting to make headway with national and provincial governments on the climate change adaptation file. This has put the industry in the thick of a relatively new political dialogue about re-locating Canadians who live

News CatastrophesClimate Change

How this year’s CAT losses are trending

July 3, 2019 by Adam Malik

Canada is well on its way to cracking the $1-billion threshold in insured catastrophe losses yet again as we enter the second half of 2019. Catastrophe Indices and Quantification (CatIQ) told Canadian Underwriter Wednesday that the estimated catastrophic insured loss

News CatastrophesClaimsClaims CanadaClimate Change

Why climate change might be worse than you think

June 21, 2019 by Greg Meckbach

If you are using today’s climate models to predict the frequency and severity of tomorrow’s severe weather, your estimates could be off, suggests a recent convocation speaker at a major Canadian university. Recent unusual patterns in the jet stream are

News Climate ChangeRisk

The key role of risk managers during climate change

June 20, 2019 by Adam Malik

Financial companies, including insurers, are moving positively towards dealing with climate change but more needs to be done – and it will need to be risk managers at the forefront to prepare their companies, according to a new study. The

News AdjustersClaimsClimate ChangeLegal

Why this vehicle accident defendant tried to quash $850,000 settlement

June 14, 2019 by Greg Meckbach

Adjusters handling auto liability claims shouldn’t be too quick to settle and take what the plaintiff’s lawyer is saying with a grain of salt. These are among the takeaways from Thursday’s Supreme Court of Canada decision in Fleury v. Paulus.

Feature ClaimsClaims CanadaClimate Change

Government backstop

June 12, 2019 Greg Meckbach, Associate Editor

What’s blocking Canada from establishing its own national flood insurance program?

Feature CatastrophesClimate Change

Cross-currents

June 11, 2019 Jason Contant, Online Editor

With overland water damage claims rolling in from major floods across the country, the question still arises: are clients covered?

News Climate ChangeInsurance

Is climate change to blame for Alberta wildfires?

June 3, 2019 by Jason Contant

Is climate change causing the massive wildfires that are burning out of control in Alberta, which are now reportedly nearing half the size of the 2016 Fort McMurray wildfire? Not on its own, but climate change can mean a fire

News Climate ChangeRisk

These risks call for better models

May 22, 2019 by Greg Meckbach

Commercial clients need better tools to help risk managers predict their financial exposure to climate change and geopolitical factors, Canadian risk managers say. The risk from climate change “will be pervasive and have a massive impact and it’s something that