Canadian Underwriter

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flash flooding

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Where wildfire and flood risk is higher this summer

May 27, 2019 David Friend - THE CANADIAN PRESS

The weather this summer could be starkly different across the country, according to the latest long range forecast from The Weather Network. Chief meteorologist Chris Scott predicts the wet weather that Ontario and Quebec have experienced in May will continue

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CoreLogic estimates insured flood loss for homes affected by Hurricane Harvey at US$6.5 billion to US$9.5 billion

September 1, 2017 by Canadian Underwriter

Insured flood loss for homes in Texas and Louisiana affected by Hurricane Harvey is estimated to be between US$6.5 billion and US$9.5 billion, according to preliminary loss estimates from CoreLogic. Irvine, Calif.-based CoreLogic, a global property information, analytics and data-enabled

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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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Saskatoon thunderstorm estimated to cost over US$30 million, floods and convective storms cost global economy US$5 billion in June: Aon Benfield

July 6, 2017 by Canadian Underwriter

A thunderstorm over Saskatoon on June 2 that spawned ping pong ball-sized hail is estimated to cost more than US$30 million, Aon Benfield said in its Global Catastrophe Recap report for the month of June. The fast-developing thunderstorm caused the

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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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Cyclone Debbie barrels into Australia with damaging winds, flooding rain: AIR

March 29, 2017 by Canadian Underwriter

Australia is experiencing its most powerful storm since 2011, as Cyclone Debbie roared ashore in Queensland, Australia as a Category 4 storm shortly after noon on Tuesday. Catastrophe modelling firm AIR Worldwide said that Cyclone Debbie struck Airlie Beach as

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U.S. National Weather Service issues flash flood warning after dam fails

February 9, 2017 The Associated Press

ELKO, Nev. – An earthen dam failed in a rural area of northeastern Nevada and caused flash flooding that threatened homes, sent waters over low-lying roads and farms and forced the rerouting of trains, officials said. The National Weather Service

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U.S. severe weather, flooding leads to billion-dollar cost for insurance industry in January: Aon Benfield

February 9, 2017 by Canadian Underwriter

Major severe weather and flood events in the United States in January led to billion-dollar cost for the insurance industry, according to Aon Benfield’s latest Global Catastrophe Recap. The January report noted that separate major severe weather outbreaks swept across

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Total economic losses from nat, man-made disasters in 2016 at least US$158 billion: Swiss Re sigma estimate

December 15, 2016 by Canadian Underwriter

Total economic losses from natural and man-made disasters in 2016 were at least US$158 billion, 68% higher than the US$94 billion losses in 2015, according to preliminary Swiss Re sigma estimates released on Thursday. The US$158 billion estimate in total

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Climate change increased chances of record rains in Louisiana by at least 40%: NOAA and partners

September 7, 2016 by Canadian Underwriter

Human-caused climate warming increased the chances of the torrential rains that unleashed record flooding in southern Louisiana in mid-August by at least 40%, according to a team of National Oceanic and Atmospheric Administration (NOAA) and partner scientists with World Weather

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Another flood recovery centre to open in Saskatchewan

July 21, 2016 by Canadian Underwriter

Nearly one week after a Provincial Disaster Assistance Program (PDAP) flood recovery centre opened in Estevan, Sask., the Ministry of Government Relations said that another centre will open in the Town of Watrous. The centre will open to provide support

News CatastrophesInsuranceMergers and Aqcuisitions

SGI Canada assigning more adjusters to deal with Saskatchewan flooding claims following heavy rainfall

July 12, 2016 by Canadian Underwriter

SGI Canada will be assigning additional adjusters to Estevan, Saskatchewan – among the areas in the province hit by heavy rainfall that prompted localized flash flooding – to handle what is anticipated to be higher-than-normal claim volumes, the insurer reported