Canadian Underwriter

Topic Environmental

The tail of an Air Canada aircraft behind a pile of snow at Vancouver airport
News AdjustersB.C.CatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsEnvironmentalNew BrunswickNova ScotiaOntarioP.E.I.Personal Home

What claims adjusters are seeing from holiday winter storm

January 10, 2023 by Jason Contant

Wind and water claims make up the bulk of the ‘bomb cyclone’ weather event that swept through eastern Canada during the holidays last month, adjusters told Canadian Underwriter. Much of North America was bombarded by heavy snowfall, strong winds and

An offshore oil rig in the middle of the sea
News ClaimsCommercialEnvironmentalLegalLiabilityNewfoundland & Labrador

Company operating Hibernia offshore oil platform challenging oil spill charges  

January 6, 2023 by The Canadian Press

ST. JOHN’S, N.L. – The company that operates the Hibernia offshore oil platform has pleaded not guilty to three charges related to a 2019 oil spill off the east coast of Newfoundland.  Court documents confirm the Hibernia Management and Development

Houses along the shores of Lake Erie following December's 'bomb cyclone'
News CatastrophesClaimsEnvironmentalInsurersNew BrunswickNova ScotiaOntarioP.E.I.Personal HomeQuebec

How much did December’s ‘bomb cyclone’ cost Canadian insurers?

January 5, 2023 by Jason Contant

The ‘bomb cyclone’ that ripped through eastern Canada during the holiday season has been declared a catastrophe, Catastrophe Indices and Quantification Inc. (CatIQ) confirmed to Canadian Underwriter Thursday. The winter storm brought heavy snowfall, strong winds and blizzard conditions to

Red and orange trees in the lower third of image, with city skyline in background. Hamilton, Ontario during Autumn as seen from the Niagara Escarpment.
News Emerging RisksEnvironmental

Ontario auditor general finds Niagara Escarpment protections lacking

December 20, 2022 by Allison Jones - The Canadian Press

TORONTO – Ontario is not providing enough funding to allow proper protection of the Niagara Escarpment, where nearly all development permit applications have been approved in the last five years, the province’s auditor general says. A recent report by the

Thermal image of a large hurricane atop a digital map of the world. In the middle of the digital map, there is a warning on the digital interface which reads "extreme weather on earth".
News BrokersCatastrophesEnvironmentalInsurers

Does Canada have enough hurricane data for parametric solutions?

December 13, 2022 by Alyssa DiSabatino

When it comes to assessing hurricane risk exposure, there’s a data gap between the U.S and Canada, said a panellist in a Canadian Underwriter webinar.  “There’s definitely a gap between the U.S. and Canada,” said Carl Bernier, NatCat specialist at

Cleaning up in Charlottetown after Fiona
News AdjustersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsEnvironmentalP.E.I.Personal HomeSupply Chain

P.E.I. utility Maritime Electric estimates cost of Hurricane Fiona

December 13, 2022 by The Canadian Press

CHARLOTTETOWN – Prince Edward Island’s electric utility says it will cost about $35 million to repair damage to the company’s distribution system caused by post-tropical storm Fiona. A spokesperson for Maritime Electric said that estimate is based on invoices received

Close up shot of a barometer pressure gauge ranging from "stormy" to "very dry"
News BrokersCatastrophesClaimsEmerging RisksEnvironmentalInsurersLoss TrendsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.

What’s the better parametric insurance trigger for Canadian hurricanes?

December 12, 2022 by Alyssa DiSabatino

Hurricane risk differs in Canada, which is why parametric insurance triggers that work in the U.S. may not be as effective in Canada, said a panellist in a Canadian Underwriter webinar.   Barometric pressure may be a better parametric trigger

Ships work to control a fire onboard the MV Zim Kingston
News B.C.ClaimsEnvironmental

Cargo from 2021 spill still washes up on B.C. shores

December 8, 2022 by Ashley Joannou - THE CANADIAN PRESS

When Jill Laviolette started picking debris off Cape Palmerston beach on Vancouver Island following the container spill from the MV Zim Kingston freighter, the inflatable dinosaur and unicorn toys she pulled from the sand looked nearly pristine. More than a

A heavy snowfall sweeps through the province of British Columbia
News B.C.ClaimsEnvironmental

Delta, B.C., mayor calls for review of snow alerts after winter maintenance ‘failure’

December 6, 2022 by The Canadian Press

DELTA, B.C. – A Metro Vancouver mayor is calling for the B.C. government to review its snow removal contracts and consider using its emergency alert system to better inform drivers of dangerous road conditions. In a letter to Transportation Minister

Storm damaged house
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What makes the current claims environment so challenging?

December 2, 2022 by Philip Porado

A convergence of global factors will cause above-average levels of claims inflation for the foreseeable future. Claims professionals who spoke with Canadian Underwriter said multiple market-dependent factors – including prolonged COVID-19 lockdowns in China, political instability, labour and materials shortages,

A Boeing 777 aircraft went off the taxiway in B.C. during a snowstorm
News B.C.ClaimsEnvironmental

Traffic mayhem, power outages, plane off taxiway as snow hits B.C. south coast

November 30, 2022 by The Canadian Press

VANCOUVER – The first major fall snowstorm to hit British Columbia’s south coast paralyzed traffic, cut power to thousands of homes and even affected Vancouver International Airport as a plane skidded off a taxiway. The snow and freezing temperatures turned

The abandoned Giant Mine in Yellowknife, NWT
News ClaimsCommercialEnvironmentalNWTProperty

Canada’s top five federal contaminated sites to cost billions to clean up 

November 29, 2022 by Emily Blake - THE CANADIAN PRESS 

YELLOWKNIFE – With a cost estimate of $4.38 billion, remediation of the Giant Mine, one of the most contaminated sites in Canada, is also expected to be the most expensive federal environmental cleanup in the country’s history.   The figure, recently