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The impact of Calgary’s hailstorm on North American H1 storm losses

August 11, 2020 by Jason Contant

Canada’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

News Insurance

How high cat losses could go this year

August 4, 2020 by Adam Malik

Alberta 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

News BrokersCatastrophesClaims CanadaInsurance

How Alberta brokers are faring with hail claims

June 23, 2020 by Greg Meckbach

Brokers 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

News AdjustersCatastrophesClaims CanadaInsurance

Calgary hail damage ‘pretty startling’ to this adjuster

June 19, 2020 by Greg Meckbach

If 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

News CatastrophesClaimsClaims CanadaInsurance

Why the latest Calgary hail storm could cost $1 billion

June 15, 2020 by Greg Meckbach

The 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

News Risk

We will get more cases’; Calgary implements state of emergency over COVID 19

March 16, 2020 Bill Graveland -  THE CANADIAN PRESS

CALGARY – 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

News CatastrophesClaimsClaims Canada

Calgary flood protection project faces opposition

September 24, 2019 Bill Graveland - THE CANADIAN PRESS

CALGARY – 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,

News Insurance

Man dies after car wash accident

July 5, 2019 THE CANADIAN PRESS

CALGARY – 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

News Claims

Calgary house explosion believed not accidental

May 28, 2019 THE CANADIAN PRESS

CALGARY – 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

News CatastrophesClaims

Calgary flood protection a provincial election issue

March 25, 2019 Lauren Krugel - THE CANADIAN PRESS

CALGARY – 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

News CatastrophesClimate ChangeConstructionInsuranceMarkets / CoveragesMergers and Aqcuisitions

Alberta government addressing flood resilience in Calgary

August 14, 2017 by Canadian Underwriter

The 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

News AssociationsInsuranceLegislation / RegulationMergers and Aqcuisitions

Insurers should ensure consumers are ‘better able to understand’ home insurance policies: CCIR

August 9, 2017 by Canadian Underwriter

In a paper released Wednesday, Canada’s insurance regulators’ association suggests that insurers need to better educate consumers so they can understand the terms – including limitations, exclusions and deductibles – of their property insurance contracts, while sharing aggregated property risk