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Calgary
The Alberta hail cat has not stopped biting
November 23, 2020 by Greg MeckbachInsurers are still receiving new claims from the June 2020 Alberta hail storm that is estimated to have cost the industry more than $1 billion. “We are actually still seeing some new losses reported from the June storm today,” said…
The impact of Calgary’s hailstorm on North American H1 storm losses
August 11, 2020 by Jason ContantCanada’s costliest-ever hailstorm contributed to the largest insured losses in North America since the first half of 2011, according to preliminary natural catastrophe estimates from Swiss Re. The hailstorm that struck Calgary in June cost the industry $1.2 billion based…
How high cat losses could go this year
August 4, 2020 by Adam MalikAlberta has become the epicentre for cat losses this year as combined insured damage could reach, if not exceed, $2 billion in the province alone after multiple natural catastrophes have hit various regions over a four-month span. The calculations come…
How Alberta brokers are faring with hail claims
June 23, 2020 by Greg MeckbachBrokers with clients in northeast Calgary are getting overwhelmed with claims from the June 13 storm, a board member of the province’s association says. “You can just hear the exasperation in their voice when you talk to them, and the…
Calgary hail damage ‘pretty startling’ to this adjuster
June 19, 2020 by Greg MeckbachIf you have clients in the Calgary area who suffered property damage in the June 13 hail storm, they could be waiting a while to get their properties repaired, an executive for one independent adjusting firm suggests. “There are tens…
Why the latest Calgary hail storm could cost $1 billion
June 15, 2020 by Greg MeckbachThe thunderstorm that hit Calgary this past Saturday evening could be more expensive to the industry than the 2014 Airdrie, Alta., hail storm that cost P&C insurers more than $500 million, an industry watcher suggests. Hail the size of tennis…
We will get more cases’; Calgary implements state of emergency over COVID 19
March 16, 2020 Bill Graveland - THE CANADIAN PRESSCALGARY – The City of Calgary is in a local state of emergency to help fight the spread of COVID-19. Downtown streets were mostly empty Monday and traffic was light as many Calgarians heeded public warnings about the novel coronavirus…
Calgary flood protection project faces opposition
September 24, 2019 Bill Graveland - THE CANADIAN PRESSCALGARY – Alberta’s premier says it’s possible a proposed reservoir to protect Calgary from floods will have to go back to the drawing board if federal regulators say no or court delays persist. Opponents of the dry reservoir at Springback,…
Man dies after car wash accident
July 5, 2019 THE CANADIAN PRESSCALGARY – The owner of a Calgary gas station is dead after emergency authorities say it appears he was accidentally run over by a vehicle in the station’s car wash. The 64-year-old man was pronounced dead at a Centex outlet…
Calgary house explosion believed not accidental
May 28, 2019 THE CANADIAN PRESSCALGARY – Documents show that a Calgary house where there was a deadly explosion over the weekend was owned by a couple going through a divorce. Police responded to reports of an explosion on Saturday afternoon and found two people…
Calgary flood protection a provincial election issue
March 25, 2019 Lauren Krugel - THE CANADIAN PRESSCALGARY – NDP Leader Rachel Notley pledged more flood protection for Calgary on Friday as she and United Conservative rival Jason Kenney accused each other of dithering on another project to help prevent a repeat of the 2013 deluge that…
Alberta government addressing flood resilience in Calgary
August 14, 2017 by Canadian UnderwriterThe province of Alberta reported on Friday that it has begun implementing advice from a report that identifies ways to improve flood resilience in Calgary and better water management throughout the Bow River basin. The Advice to Government on Water…