Canadian Underwriter

Topic P.E.I.

News ClaimsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.

Winter storm churning out powerful winds expected to slam into Atlantic Canada

February 1, 2021 by The Canadian Press

Environment Canada has issued a series of weather warnings for the Atlantic region, as a winter storm is expected to deliver an ugly mix of snow, rain, ice pellets and strong winds on Tuesday and Wednesday. Snowfall warnings are in

News ClaimsP.E.I.

Nighttime fire in western P.E.I. seniors home forces evacuation

January 19, 2021 by The Canadian Press

WELLINGTON, P.E.I. – A fire inside a seniors home in western P.E.I. forced 47 residents from the building on Monday night, but there were no reports of serious injuries. Desmond Arsenault, spokesman for the Wellington Fire Department, says soon after

News ClaimsNew BrunswickNova ScotiaP.E.I.

Thousands of Nova Scotians without power after first winter storm of 2021

January 4, 2021 by The Canadian Press

HALIFAX – A prolonged holiday warm spell ended with a vengeance over the weekend across Atlantic Canada, leaving double-digit snowfall totals in three provinces and thousands of Nova Scotia residents in the dark on Sunday. The website for Nova Scotia

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 InsurersLoss TrendsNew BrunswickNova ScotiaP.E.I.Personal Auto

Pandemic relief: Keeping the size of auto insurance discounts in perspective

September 14, 2020 by Greg Meckbach

Sometimes it’s not just about the size of the pandemic auto insurance discount, but the fact that it was a discount and not a rate hike that makes all the difference to a consumer. For example, a 25% auto insurance

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.

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

Feature CommercialP.E.I.

Briefing Note: Prince Edward Island

July 11, 2020 by Canadian Underwriter Staff

Since the insurance industry in P.E.I. tends to mirror the insurance markets in New Brunswick and Nova Scotia, it’s no surprise that Canada’s smallest province is also experiencing a hard commercial market. “One of the biggest things is capacity,” says

News BrokersManagementMergers and AqcuisitionsNew BrunswickNova ScotiaOperationsP.E.I.

Navacord expands east into three more provinces

July 7, 2020 by Greg Meckbach

With four new partnerships announced July 6, commercial brokerage Navacord now has offices in Prince Edward Island, Nova Scotia and New Brunswick. “We are now coast to coast,” Navacord executive chairman T. Marshall Sadd said Monday in an interview. Cooke

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

News AdjustersCatastrophesClaimsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.

Did Dorian create a capacity issue for claims adjusters?

September 24, 2019 by Jason Contant

Even 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

News ClaimsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.

Dorian tracking to pack hurricane-force winds when it hits Atlantic Canada

September 5, 2019 by Jason Contant

Hurricane 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