Canadian Underwriter

Topic Newfoundland & Labrador

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House fire in small Newfoundland town spreads to other buildings

October 7, 2020 by The Canadian Press

HEATHERTON, N.L. – A number of buildings are on fire in the small town of Heatherton, N.L. Muriel Brown works at the local Home Hardware store and says all she sees is smoke and flames when she steps out of

News ClaimsNewfoundland & LabradorNova ScotiaP.E.I.

Latest forecast has Hurricane Teddy on a course for Atlantic Canada

September 21, 2020 by The Canadian Press

HALIFAX – Weather warnings have been issued for virtually all of Atlantic Canada as hurricane Teddy advances toward the East Coast. A tropical storm watch is in effect for the Atlantic coastlines of mainland Nova Scotia and Cape Breton, where

News ClaimsInsurersNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Property

Hurricane warnings: Is it crying wolf when storms aren’t as bad as expected?

August 31, 2020 by David Gambrill

While Hurricane Laura’s insured damage estimates in the United States range anywhere between $4 billion to $12 billion, the post-tropical storm predicted for Atlantic Canada did not quite reach the level of intensity initially forecast for the Maritimes last Thursday.

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Non-resident property owners allowed back in Newfoundland and Labrador soon

August 27, 2020 by Jason Contant

ST. JOHN’S, N.L. – People who own property in Newfoundland and Labrador but who don’t live there full-time can apply to enter the province next week. Dr. Janice Fitzgerald, the province’s chief medical officer of health, said Wednesday that the

News CatastrophesClaimsInsurersNewfoundland & LabradorNova ScotiaP.E.I.

Rapid-intensity Hurricane Laura ultimately headed for Newfoundland

August 26, 2020 by David Gambrill

The path of Hurricane Laura — which is currently located off the U.S. Gulf Coast and described as one of the fastest-intensifying storms in history — is tracking to hit St. John’s, Nfld., next Monday as a post-tropical storm, according

News ClaimsNewfoundland & Labrador

How this Canadian city is preparing for more storms and rain

August 26, 2020 by The Canadian Press

ST. JOHN’S, N.L. – St. John’s is making changes to city infrastructure as it prepares for a wetter, warmer future with more intense storms.  A report on climate models for the coastal Newfoundland and Labrador capital was presented at city

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Top court to consider release that excludes ‘claims of any kind or nature whatsoever’

August 14, 2020 by Greg Meckbach

The legal status of a release that excludes a personal injury claimant from pursuing further claims arising out of the incident “of any kind or nature whatsoever” against the City of Corner Brook, Nfld., is headed to the Supreme Court

News AlbertaBrokersManagementMergers and AqcuisitionsNew BrunswickNewfoundland & LabradorNova ScotiaOntario

Why this BrokerLink exec thinks COVID could accelerate brokerage M&A

August 12, 2020 by David Gambrill

Before the pandemic, hard market conditions and the increasing digitization of brokerages were already reasons for some broker principals to ponder selling the business and moving on, but the novel coronavirus may have further accelerated the pace of M&A, says

News AlbertaLegalNewfoundland & LabradorNova ScotiaOntarioPersonal AutoTechnology

How IBC would change auto insurance regulation in four provinces

June 26, 2020 by Greg Meckbach

Motorists in Ontario, Alberta, Nova Scotia and Newfoundland and Labrador should be allowed to buy pay-per mile insurance, an Insurance Bureau of Canada official says. Those four provinces already allow usage-based insurance, wrote Ryan Stein, IBC’s executive director of auto

News ClaimsNewfoundland & Labrador

How many winter storms has Newfoundland already had this season?

February 28, 2020 by The Canadian Press

ST. JOHN’S, N.L. – Newfoundland was gripped by another winter storm Friday, its 22nd of the season. Environment Canada issued advisories and winter storm warnings across the island this morning, mostly for blowing snow especially heavy in the morning that

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Top 5 Canadian P&C insurance appointments in 2019

December 20, 2019 by Greg Meckbach

2019 saw a changing of the guard at several brokerages, insurers and associations. Here are the top 5. Gallagher Canada CEO Arthur J. Gallagher & Co., the fourth biggest property and casualty brokerage in the world, announced Dec. 5 that

News CatastrophesClaimsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.

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