Canadian Underwriter

Keyword
flood map

A mall parking lot after flooding in Halifax in July.
News CatastrophesClaimsClaims CanadaClimate ChangeInsurance

After July floods took four lives, Nova Scotia plans flood plain mapping by 2026

November 17, 2023 Michael Tutton - THE CANADIAN PRESS

HALIFAX – A plan is now in place to create the kind of detailed flood plain maps that some of Nova Scotia’s emergency managers have said they lacked when torrential flooding occurred in July. Byron Rafuse, deputy minister of the

3D render and image composing: Topographic Map of Canada. Including country borders, rivers and accurate longitude/latitude lines.
News BrokersCatastrophesClaimsCommercial LinesInsuranceMarkets / CoveragesRisk

Brokers, insurers differ on the value of numerous flood products for home owners

July 4, 2023 by Alyssa DiSabatino

Canada’s property and casualty insurance brokers have long maintained the need for a unified flood map, but insurers want to compete on their proprietary flood maps, and the ongoing differences between brokers and their insurance partners on this point became

Five small wooden toy block houses are surrounded by murky brown water in a flood plain, up to their windows.
News CatastrophesInsuranceLegislation / RegulationMarkets / CoveragesReinsurance

Which model will Canada’s national flood insurance program follow?

June 9, 2022 by Alyssa DiSabatino

After undergoing actuarial review, two possible flood insurance models are the “most promising” for private-public engagement within the upcoming national flood insurance program, a federal government official suggests.   One model is based on a pool for high-risk homeowners, among

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

More than half of all properties in New Orleans removed from special flood hazard areas

April 12, 2016 by Canadian Underwriter

Due to significant improvements in drainage and flood protection, more than 53% of all properties in New Orleans were removed from special flood hazard areas and, as a result, will benefit from more affordable flood insurance, the mayor of the