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2016 was the warmest year on record for the globe, Canadian Prairies experienced one of the “longest and most active storm seasons”: report

August 11, 2017 by Canadian Underwriter

Last year topped 2015 as the warmest year in 137 years of record keeping and marked the third consecutive year of record warmth, the National Oceanic and Atmospheric Administration (NOAA) reported on Thursday. The 27th annual State of the Climate

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CatIQ enters into agreement with Impact Forecasting to use cat event flood response footprints for Canada

August 11, 2017 Jason Contant, Online Editor

Toronto-based Catastrophe Indices and Quantification Inc. (CatIQ) announced that they have entered into an agreement whereby Impact Forecasting’s cat event response flood footprints for Canada will be made available as a layer on CatIQ’s CatHUB module. “Aon Impact Forecasting’s Canadian

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B.C. tourism businesses feeling effects of wildfires, reporting cancellations

August 10, 2017 The Canadian Press (CPSTF)

KAMLOOPS, B.C. – Tourism officials are starting to assess the impact of devastating wildfires in British Columbia and have received mixed feedback on the toll so far on the travel sector. Maya Lange of Destination BC, the province’s tourism planning

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Echelon’s combined ratio improves 4.2 points to 93.5% in Q2, driven by personal auto and commercial property and liability

August 10, 2017 by Canadian Underwriter

Toronto-based Echelon Financial Holdings Inc. has reported a combined operating ratio of 93.5% for the second quarter of 2017 ending June 30, a 4.2 point improvement from 97.7% in Q2 2016, driven by strong results in personal auto and commercial

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Asia records US$11 billion economic loss from heavy flooding in July, western Canada affected by wildfires, severe weather: Aon

August 8, 2017 by Canadian Underwriter

Relentless seasonal flooding that began in mid-June resulted in continued fatalities and damage across parts of Asia in July, causing an estimated US$11 billion in economic losses, according to Impact Forecasting’s latest Global Catastrophe Recap report. On Tuesday, Impact Forecasting,

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B.C. extends state of emergency for second time over wildfires

August 4, 2017 The Canadian Press (CPSTF)

VICTORIA – The British Columbia government has extended a state of emergency declared in response to the raging wildfires that have devastated numerous areas of the province’s Interior. This is the second time Premier John Horgan’s government has extended the

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Economical reports 12.8% increase in gross written premiums in Q2 2017, 8.3 point increase in combined ratio to 112.8%

August 4, 2017 by Canadian Underwriter

Economical Insurance reported a 12.8% increase in gross written premiums (GWP) in the second quarter of 2017 to $660.6 million, driven by strong personal lines growth, including contributions from Sonnet and Petline. “While we generated significant growth in gross written

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Controlled burns crucial in battling big wildfires, B.C. official says

August 3, 2017 Geordon Omand - THE CANADIAN PRESS

VANCOUVER – A spokesman for British Columbia’s wildfire service says crews accidentally sparked a blaze while burning off fuel in order to contain one of many fires raging across the province’s Interior. Kevin Skrepnek says embers ignited a nearby hillside

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17% of secondary rental suites in Ontario, Alberta and B.C. considered illegal: Square One Insurance survey

August 3, 2017 by Canadian Underwriter

Seventeen per cent of rental suites in detached houses in Ontario, Alberta and British Columbia are considered illegal, a new survey from Vancouver-based Square One Insurance Services Inc. has found. The study involved a survey of more than 5,500 homeowners

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Unrelenting heat, wind and lightning keeping firefighters, homeowners anxious in B.C.

July 28, 2017 The Canadian Press (CPSTF)

KAMLOOPS, B.C. – Hot, dry conditions, gusty winds and a chance of lightning are expected to keep wildfire crews in British Columbia watchful this weekend. The BC Wildfire Service said its weather forecasters have issued a wind warning for the

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Incoming weather to increase fire behavior in B.C., government suggests

July 27, 2017 by Canadian Underwriter

After several days of favourable weather for firefighting in British Columbia, weather conditions are worsening in the Cariboo Fire Centre, bringing with it an expected increase in fire behavior and wildfire growth, the province’s Ministry of Forests, Lands and Natural

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EY report on reforming B.C. auto points to impending restrictions in Australia on auto accident benefits for minor injuries

July 27, 2017 by Canadian Underwriter

A report released April 11 by the Ontario finance ministry “contains many useful learnings” for British Columbia’s government-run auto insurer, Ernst & Young LLP suggested in a report released July 24. In Affordable and Effective Auto Insurance – a New