Topic Nova Scotia
Big Moves – Gore CEO Heidi Sevcik to retire
April 5, 2020 by Greg MeckbachSevcik was vice president of claims at Gore Mutual when she succeeded Kevin McNeil as CEO in 2014
Nova Scotia imposes restrictions on inter-provincial travel
March 23, 2020 by The Canadian PressAMHERST, N.S. – Nova Scotia imposed new restrictions at its provincial boundary with New Brunswick on Monday as part of a series of measures aimed at tightening social distancing requirements to prevent the spread of COVID-19. Under the restrictions that…
After Dorian: Will Canada hit $2 billion in insured losses again this year?
October 7, 2019 by Jason ContantCanada 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…
Did Dorian create a capacity issue for claims adjusters?
September 24, 2019 by Jason ContantEven though post-tropical storm Dorian knocked out power to about 80% of homes and businesses in Nova Scotia, and left thousands more without power in the other Atlantic provinces, claims adjusters were well-equipped to deal with its aftermath. “In the…
Dorian tracking to pack hurricane-force winds when it hits Atlantic Canada
September 5, 2019 by Jason ContantHurricane Dorian will likely pass over Nova Scotia and Prince Edward Island with hurricane force winds, before developing into a post-tropical storm over Newfoundland and Labrador, according to the latest projections from the Canadian Hurricane Centre (CHC). A tropical cyclone…
A new real-time model for predicting urban flood resilience
August 29, 2019 by Jason ContantA 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…
Flash flooding risk in Maritimes as Storm Erin arrives
August 29, 2019 by THE CANADIAN PRESSHALIFAX – Heavy rain was reported Thursday in parts of the Maritimes as Erin, now a post-tropical weather system, advanced toward the region. Environment Canada issued rainfall warnings for southeastern New Brunswick, parts of western and northern Nova Scotia and…
Guess which brokers are in the running for Entrepreneur of the Year
July 26, 2019 by Greg MeckbachThe leaders of one of Atlantic Canada’s largest brokerages are finalists in EY Canada’s Entrepreneur Of The Year award program. Gina McFetridge and Michael Stack, president and CEO respectively of Archway Insurance, are among the finalists announced July 18 by…
Pot legalization not a good reason to raise auto rates: Regulator
March 26, 2019 by Greg MeckbachNova Scotia’s auto insurance regulator is not letting The Dominion of Canada General Insurance Company take marijuana legalization into account when calculating this year’s rate increases. The Dominion said in a rate change application that claims frequency will likely go…
Poison reports up in wake of cannabis legalization
March 18, 2019 by THE CANADIAN PRESSHALIFAX – Atlantic Canada’s largest children’s hospital is warning parents about the risks of edible weed after a flood of cannabis-related calls to its poison centre. The IWK Health Centre says it fielded three times as many cannabis calls to…
The big concern among commercial clients about cyber policies
March 15, 2019 by Greg MeckbachSome commercial clients are looking for more consistency across the industry in cyber policy wording. Survey data shows cyber is the Number 1 hot topic for members of Risk and Insurance Management Society (RIMS) Inc., said Jennifer Goodwin, chair of…
Tropical Storm Chris could make landfall on Newfoundland
July 10, 2018 by Greg MeckbachNewfoundland’s Avalon Peninsula could get wind gusts of up to 100 km/h this week as a result of Tropical Storm Chris, which is expected to be upgraded to hurricane status Tuesday. Tropical Storm Chris was in the Atlantic Ocean more…