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basement flooding


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Flood risk training for home inspectors coming in September

February 28, 2018 by Greg Meckbach

Training home inspectors to assess properties for risk of basement flooding is the “most positive action” the industry can take to address the problem of flood-damaged homes, a conference speaker told insurance professionals Tuesday. A new course for home inspectors,

News InsuranceLegal

Why basement flooding victim can’t sue home seller

February 2, 2018 Greg Meckbach, Associate Editor

The owner of a Winnipeg home who experienced basement flooding in 2010 has lost her bid to sue both the couple who sold her the home and the sellers’ real estate agent for allegedly misrepresenting the extent of foundation cracks.

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What Canada’s largest city is doing to help reduce flood insurance claims

January 10, 2018 by Greg Meckbach

As climate experts forecast more frequent extreme rain events, Toronto is working towards protecting properties by modernizing its storm drainage system. With its Basement Flooding Protection Program, Toronto’s city government brought in a new standard of accommodating a one-in-100-year storm

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Hurricane Harvey likely to be one of the costliest natural disasters on record for U.S. economy: Aon Benfield

September 8, 2017 by Canadian Underwriter

Hurricane Harvey is likely to be one of the costliest natural disasters on record for the economy of the United States, with damage from the hurricane to minimally cost tens of billions of dollars, Aon Benfield has reported. Impact Forecasting,

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City of Windsor records nearly 2,700 basement flooding reports from severe rain event

August 31, 2017 by Canadian Underwriter

The City of Windsor in southwestern Ontario has reported nearly 2,700 basement flooding reports as of late Wednesday afternoon. The city continues to recover from a severe rain event on Aug. 29 that resulted in flooded roads, properties and basements.

News InsuranceLegalLegislation / RegulationMergers and Aqcuisitions

ICLR report examines legal tools to mandate stormwater management on the part of homeowners

May 24, 2017 by Canadian Underwriter

The Institute for Catastrophic Loss Reduction released Tuesday a report intended as an “initial discussion paper” on the issue of mandating flood risk reduction measures on the part of private property owners. The report – Assessing local mandatory measures to

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Insurance industry should look ahead to even larger losses than Fort McMurray, ICLR chair suggests

May 5, 2017 by Canadian Underwriter

The insurance industry should start thinking about what “could have been” if the Fort McMurray wildfire had been an even larger loss, the chair of Institute for Catastrophic Loss Reduction (ICLR) said on Friday at the institute’s annual general meeting.

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ICLR to host webinar on lot-level approaches to control urban flood risk and mitigate basement flooding

April 7, 2017 by Canadian Underwriter

The Institute for Catastrophic Loss Reduction (ICLR) will be hosting a webinar in two weeks on lot-level approaches to control urban flood risk and mitigate basement flooding. The webinar on April 21 at 10 a.m. Eastern time is part of

News CatastrophesInsuranceMergers and Aqcuisitions

Toronto city council to consider accelerating basement flooding protection spending

December 12, 2016 by Canadian Underwriter

A proposal to advance the 2018 cashflow for Toronto’s basement flooding protection program into 2017 will be considered by City Council Tuesday. Toronto’s Basement Flooding Protection Program – which includes construction of surface storage ponds, an underground storm storage tank

News CatastrophesInsuranceMergers and Aqcuisitions

ICLR to host workshop on Halton, Ont.’s basement flooding mitigation program

October 28, 2016 by Canadian Underwriter

The Institute for Catastrophic Loss Reduction (ICLR) will be hosting a workshop in late November on a basement flooding mitigation program in Ontario’s Halton Region. Recovering from the Flood: Halton’s Basement Flooding Mitigation Program will be held on Friday, Nov.

News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

Ontario, City of Burlington support Home Adaptation Assessment Program pilot launch

August 9, 2016 by Canadian Underwriter

Burlington, Ont. will serve as the pilot site for Intact Centre on Climate Change’s (ICCA) Home Adaptation Assessment Program (HAAP), meant to enhance homeowner awareness of how to reduce flood-related damage and limit the level of losses seen during events

News CatastrophesInsuranceMergers and Aqcuisitions

Rainfall that caused flooding subsides in Alberta region hit this spring by wildfire

August 2, 2016 by Canadian Underwriter

Crews for the Regional Municipality of Wood Buffalo removed numerous barricades erected after heavy rainfall caused flooding in the region that played unwelcome host to the devastating Fort McMurray wildfire this spring. “Following yesterday’s rainfall, ground support staff from Underground