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Trans-Canada Highway closed as wildfire spreads west of Kamloops, B.C.

July 6, 2017 The Canadian Press (CPSTF)

KAMLOOPS, B.C. – An out-of-control wildfire is burning through the Cherry Creek area west of Kamloops, B.C. The BC Wildfire Service says the 15-hectare fire has damaged one outbuilding and partially effected a residence in the area. Spokeswoman Justine Hunse

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Wildfire south of Penticton, B.C. forces evacuation order, alert

July 5, 2017 The Canadian Press (CPSTF)

PENTICTON, B.C. – Fire crews appear to have the upper hand on a wildfire that roared to life Tuesday in the south Okanagan community of Kaleden, B.C. BC Wildfire Service spokeswoman Justine Hunse says the fire that has scorched 6.5

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MSA calls for ‘sustainable solution for underinsurance’ in overland flood

June 27, 2017 by Canadian Underwriter

A potential solution to overland flood risk in Canada “could follow” the model of Britain’s Flood Re, MSA Research Inc. suggested in a report released Monday to Canadian Underwriter. Toronto-based MSA released its Quarterly Outlook Report for Q1 2017. In

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Investment income doubles for Canadian P&C industry: MSA

June 27, 2017 by Canadian Underwriter

The Canadian property and casualty insurance industry had essentially no underwriting income during the first three months of the year but Q1 net investment income more than doubled year over year, figures from a report from MSA Research Inc. suggest.

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Canadians “greatly overestimate” their financial literacy skills, including those related to auto insurance: survey

June 27, 2017 by Canadian Underwriter

More than two-thirds (67%) of polled Canadians responded incorrectly when asked if an expensive car always costs more to insure that a cheaper car, according to a new survey on Canadians’ financial literacy. Commissioned by Toronto-based LowestRates.ca, which provides a

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Personal injury lawsuit against bike park operator dismissed due to wording of waiver signed by plaintiff

June 26, 2017 by Canadian Underwriter

Insurers of mountain bicycle riding parks should be able to “breathe a sigh of relief” due to a recent court decision from British Columbia, a blogger with an insurance law firm wrote in a recent post. Dr. Blake Jamieson suffered

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Flames destroy production facility at Blackwell Dairy in Kamloops, B.C.

June 15, 2017 The Canadian Press (CPSTF)

KAMLOOPS, B.C. – Fire has heavily damaged a dairy operation in Kamloops, British Columbia, that processes milk from farmers across the North Thompson and Shuswap Okanagan. Fire officials say the main production facility at Blackwell Dairy was destroyed in the

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Courts can award damages for mental injury without psychiatric diagnosis: Supreme Court of Canada

June 14, 2017 by Canadian Underwriter

The Supreme Court of Canada has rejected an argument by Insurance Bureau of Canada that a court should not award damages for psychological or emotional damage unless the plaintiff demonstrates the tort caused a “recognizable psychiatric illness.” In a recent

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Quebec homeowners face potential post-flooding woes: mosquitoes, critters, parasites

June 12, 2017 Sidhartha Banerjee - THE CANADIAN PRESS

MONTREAL – Even as swollen rivers have receded in Quebec, some experts suggest historic flooding this year could mean critter and pest-related woes in months and years to come. For now, heavy water accumulation has created standing pools of water

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Flood watches issued for several B.C. rivers in wake of powerful storms

June 9, 2017 The Canadian Press

VANCOUVER – Flood watches have been issued for several major waterways after torrential downpours hit parts of southern and central British Columbia. The River Forecast Centre says rivers throughout the Columbia and East Kootenay regions, including tributaries around Golden, Revelstoke

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May storms in Ontario, Quebec and the Maritimes caused hundreds of millions in damage and damaged more than 5,200 homes: Aon Benfield

June 8, 2017 by Canadian Underwriter

Several low pressure systems that brought heavy rainfall to portions of Ontario, Quebec and the Maritimes last month caused “hundreds of millions” in U.S. dollars and damaged more than 5,200 homes, according to Impact Forecasting’s latest Global Catastrophe Recap for

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Wildfire Grading Index launched following losses in Kelowna, Slave Lake and Fort McMurray

June 7, 2017 by Canadian Underwriter

Fire Underwriters Survey (FUS), a division of Opta Information Intelligence, has developed a new model for insurers to better understand the risk of wildfire-related losses. The model was developed after FUS studied the wildfire losses in Kelowna, Slave Lake and