Canadian Underwriter

Topic Nova Scotia

Clean-up from post-tropical storm Fiona in Port aux Basques, Nfld.
News CatastrophesClaimsEnvironmentalNova ScotiaPersonal Home

Nova Scotia legislation would require storm readiness by telecommunications companies 

October 13, 2022 by The Canadian Press

HALIFAX – Nova Scotia is proposing legislation that would require telecommunications companies to be better prepared for weather events like post-tropical storm Fiona or risk stiff fines.   Amendments to the Emergency Management Act and the Emergency 911 Act would

Hourglass on laptop computer
News BrokersClaimsLegalNova ScotiaTechnology

Brokerage’s 11-year lawsuit against tech vendor allowed to continue

October 7, 2022 by David Gambrill

Ballam Insurance Services, a Nova Scotia brokerage that sued its tech vendor 11 years ago over server issues, is allowed to proceed with its case despite examples of ‘inordinate’ and ‘inexcusable’ delays, the Supreme Court of Nova Scotia ruled Monday.

Rubble and damage from Hurricane Fiona in Newfoundland
News AdjustersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsClaims TechnologyCommercialEnvironmentalNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal AutoPersonal HomePropertyQuebec

What happened to the ‘quiet’ hurricane season?

September 30, 2022 by Jason Contant

Not long ago, hurricane season began very quietly with no North Atlantic hurricanes in all of August. But now it appears 2022 could produce a record-breaking hurricane. Property data provider CoreLogic is predicting Hurricane Ian could be the costliest Florida

Megaphone signifying an announcement
News AlbertaB.C.BrokersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.SaskatchewanYukon

Key industry association names new board members and executives

September 29, 2022 by Canadian Underwriter Staff

New board of directors members and executive officers were named by the Insurance Brokers Association of Canada (IBAC) following confirmation of those appointments Sept. 22 during the association’s annual general meeting in St-Andrews-By-The-Sea, N.B. The executive committee will now be

Workers cleaning up devastation from Hurricane Fiona
News AdjustersCatastrophesClaimsClaims ProfessionalsClaims TechnologyCommercialEnvironmentalNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal AutoPersonal HomeProperty

What claims adjusters are seeing from Fiona

September 28, 2022 by Jason Contant

Claims adjusters are seeing a wide variety of personal and commercial lines claims in the wake of post-tropical storm Fiona – everything from food spoilage and infrastructure claims to total losses. “Currently, we are seeing claims for personal and commercial

Cleaning up in Charlottetown after Fiona
News AdjustersClaimsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal HomeQuebec

How much will Fiona cost Canadian P&C insurers?

September 27, 2022 by Jason Contant

Post-tropical storm Fiona could cost the Canadian property and casualty insurance industry between $300 million and $700 million, ratings agency DBRS Morningstar said in a commentary Tuesday. “Fiona will likely be one of the largest catastrophic events in history for

Two cottages destroyed by Fiona in PEI
News CatastrophesClaimsEnvironmentalNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal HomePropertyQuebecSupply Chain

Atlantic Canada assesses damage from post-tropical storm Fiona

September 26, 2022 by Jason Contant

Post-tropical storm Fiona swept through Atlantic Canada and eastern Quebec this weekend, knocking out power to hundreds of thousands of people, washing away homes and cottages, and causing widespread flooding and infrastructure damage. While the insured and economic damages associated

Heavy rain in Halifax ahead of Hurricane Fiona's landfall
News ClaimsEmerging RisksEnvironmentalLoss ControlNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal HomeProperty

Hurricane risk: What the future holds for Canada

September 23, 2022 by Jason Contant

Canada will be increasingly at risk for more frequent and severe hurricanes going forward due to climate change, Swiss Re told Canadian Underwriter in an interview Friday. “Sea surface temperatures [are] rising, which means storms will be able to travel

Coastal storm in Nova Scotia
News ClaimsEnvironmentalNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal HomeQuebec

Where and when Hurricane Fiona is projected to hit Canada

September 21, 2022 by Jason Contant

Environment Canada (EC) has issued a tropical cyclone warning for the Atlantic provinces and southern Quebec as Hurricane Fiona is expected to impact the region starting Thursday evening and continuing into weekend. “This storm is shaping up to be a

Breaking wave from hurricane-force winds
News CatastrophesClaimsEnvironmentalNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal HomeProperty

What’s Hurricane Fiona’s projected path into Canada?

September 19, 2022 by Jason Contant

Hurricane Fiona could strike Atlantic Canada with tropical storm-force winds or stronger by Saturday, according to projections from the hurricane forecasters in Canada and the U.S. An advisory issued 5 a.m. AST on Monday by the U.S. National Hurricane Center

Office workstation top view with businesspeople working around M&A
News B.C.BrokersCommercialManagementMergers and AqcuisitionsNova ScotiaOntarioOperationsPersonal AutoPersonal Home

Busy month in M&A for BrokerLink, Westland

September 14, 2022 by Jason Contant

BrokerLink and Westland Insurance Group announced a series of brokerage M&A deals in September, including the acquisitions of a total of four brokerages and one employee benefits firm between them.  BrokerLink announced the acquisition of J.W. Davis Insurance Brokers and

two miniature white houses resting in a puddle outside
News AlbertaB.C.InsurersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

Feds’ task force reveals preferred flood insurance models

August 30, 2022 by Alyssa DiSabatino

A federal government task force on flood insurance is leaning toward the public insurer and layered public insurer models of flood insurance programs for Canada. The public insurer model features a Crown corporation that underwrites comprehensive flood insurance through the