Canadian Underwriter

Topic Catastrophes

A barren farm field
News AlbertaCatastrophesEnvironmentalManitobaSaskatchewan

The window of opportunity to address increasing drought and expanding drylands is vanishing

May 10, 2022 by The Canadian Press

By Margot Hurlbert, Canada Research Chair, Climate Change, Energy and Sustainability, University of Regina – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information

A woman stands in the backyard of her flooded home in Calgary in 2013
News AlbertaCatastrophesConstructionEnvironmentalPersonal Home

Construction to begin on flood mitigation project west of Calgary

May 5, 2022 by The Canadian Press

CALGARY – Nine years after a catastrophic flood caused billions of dollars in damage to parts of Calgary and surrounding communities, work is to begin on a dam to protect the area from rising water in the future. Premier Jason

Alberta oil sands facility.
News AlbertaB.C.CatastrophesCommercialEnvironmentalInsurersLegalLicensing

Insurance Act changes may help Alberta as insurers retreat from oil and gas

May 4, 2022 by Philip Porado

Major insurers continue to announce they’ll cease issuing coverage to the oil and gas industry, which remains economically critical to Alberta and other Canadian provinces – and is poised to experience a demand boost as Europe seeks alternatives to Russian

Damage after a tornado in Barrie, Ont. in July 2021
News CatastrophesClaimsConstructionEnvironmentalOntarioPersonal AutoPersonal HomeProperty

Why Barrie’s 2021 tornado damage was “largely preventable”

May 4, 2022 by Jason Contant

More than 35 years after a deadly tornado in Barrie, Ont. – the site of another strong tornado last year – the industry is still looking for modernizations to the Ontario Building Code and tornado protection construction practices. “Since before

News B.C.CatastrophesEnvironmentalTechnology

Alert Ready system expands to floods, fires in B.C., not heat domes

May 4, 2022 by The Canadian Press

VICTORIA – An automated alert system will be ready to warn British Columbians of spring flooding and summer wildfires but not yet for extreme heat, Public Safety Minister Mike Farnworth said Tuesday. Farnworth told a news conference the Alert Ready

Motorist driving on closes Trans-Canada highway in Abbotsford, BC
News B.C.CatastrophesClaimsProperty

Officials advocate for federal funding to upgrade dikes after floods

April 29, 2022 by The Canadian Press

OTTAWA – The mayor of Abbotsford, B.C., says expecting local governments to shoulder the cost of infrastructure upgrades to protect their communities from flooding has been a “monumental mistake.” Henry Braun made the comment to a Senate standing committee on

News B.C.BrokersCatastrophesEnvironmentalPersonal Home

Does your client think overland flood coverage is standard?

April 28, 2022 by Jason Contant

Brokers have another golden opportunity to educate clients on the importance of overland flood coverage. A recent survey of Canadian homeowners conducted by rate aggregator LowestRates.ca found that 30% of 544 respondents were unaware that coverages like overland flood are

A heatwave in Montreal in June 2020
News B.C.CatastrophesEnvironmentalQuebec

Extreme heat should be labelled a natural disaster, new report urges

April 20, 2022 by Mia Rabson - THE CANADIAN PRESS

OTTAWA – Governments should consider extreme heat a natural disaster as climate change raises the risk of soaring summer temperatures in much of Canada, a new report says. Irreversible Extreme Heat, penned by experts at the Intact Centre on Climate

Rising flood waters in Abbotsford, B.C. on Monday, Nov. 28, 2021
News B.C.CatastrophesClaimsConstructionPersonal Home

B.C. mayors dealing with flooding and wildfire damage call on feds to deliver funds

April 12, 2022 by Camille Bains - THE CANADIAN PRESS

VANCOUVER – British Columbia mayors whose communities were devastated by last year’s flooding and wildfires want the federal government to deliver billions of dollars in promised funding as soon as possible. Abbotsford Mayor Henry Braun said he was among 28

Picture of cows grazing in a field
News B.C.CatastrophesClaims

How cattle will help manage B.C. wildfire risk

April 8, 2022 by Brenna Owen - THE CANADIAN PRESS

A handful of ranchers in British Columbia’s Interior are getting ready to graze their cattle in concentrated areas near homes and community infrastructure, where they’ll eat the grasses that dry over the summer and heighten the wildfire risk. As part

Giant waves break near the lighthouse at Peggy's Cove, Nova Scotia.
News CatastrophesClaimsEmerging RisksInsurersLoss TrendsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal AutoPersonal HomeProperty

What Canadians can expect of future hurricane seasons

April 7, 2022 by David Gambrill

Atlantic Canadians can expect to see more and increasingly intense hurricanes, as sea surface temperatures continue to warm up as a result of climate change. “Warmer sea surface temperatures fuel stronger hurricanes,” Swiss Re Canada CEO Monica Ningen observed during

Surf washes over a beach on Nova Scotia's Atlantic coast.
News CatastrophesEnvironmentalInsurersLegalLoss TrendsNova ScotiaPersonal Home

P&C industry’s input on coastal protection

April 6, 2022 by Alyssa DiSabatino

Nova Scotia community and industry stakeholders have shared their input on the Coastal Protection Act, and an Insurance Bureau of Canada representative says the financial case for supporting the act is clear. Passed in 2019, the legislation aims to restrict