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flood risk

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What brokers can do more of to help their clients protect against flood risk

August 27, 2020 by David Gambrill

Canadians understand that flood damage has increased, but they don’t necessarily know to protect their homes against it, according to joint research conducted by RSA Canada and World Wildlife Fund (WWF) Canada. The research suggests an opportunity for Canadian P&C

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IBC encouraging policyholders to discuss policy limits with insurers as B.C. wildfires continue

July 10, 2017 by Canadian Underwriter

As British Columbia has declared a state of emergency due to wildfires burning out of control throughout much of the Interior, the Insurance Bureau of Canada (IBC) is encouraging policyholders to discuss policy limits with their insurer. Most home and

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National Flood Insurance Program contributes to ‘development in flood prone areas,’ NWF executive testifies

June 12, 2017 by Canadian Underwriter

Private insurance companies in the United States are “clamouring” to write flood risk for properties while the nation’s National Flood Insurance Program encourages development in floodprone areas and needs to be “significantly reformed,” speakers recently told a committee of the

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City of Edmonton examining flood mitigation options

June 9, 2017 by Canadian Underwriter

Staff from the City of Edmonton are scheduled to look at flood mitigation options for the city as the next step in its examination of upgrades to drainage infrastructure. The city said in a press release earlier this week that

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Documents show many cities are wary of mapping flood risks, making data public

May 9, 2017 Jordan Press - THE CANADIAN PRESS

OTTAWA – When municipal officials were told last year about new tools to help them map the risk of flooding in their communities, they immediately raised red flags, suggesting they wanted no part of it over concerns about legal liability

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B.C. announces more than $8 million in flood protection in latest round of investments

April 3, 2017 by Canadian Underwriter

British Columbia’s Ministry of Transportation and Infrastructure announced on Friday funding for two flood protection projects in the province. The first is a $4.17 million investment to the District of Kent to expand and upgrade the Hammersley Pump Station, which

News CatastrophesClimate ChangeConstructionInsuranceMergers and Aqcuisitions

Standards Council of Canada, Intact Centre on Climate Adaption to study flood resiliency for new residential communities

March 31, 2017 by Canadian Underwriter

The Standards Council of Canada (SCC) and the Intact Centre on Climate Adaptation (Intact Centre) at the University of Waterloo have announced that they are joining forces to develop a new report on best practices for making new residential communities

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Flood risk remains “moderate to major” across Manitoba: infrastructure minister

February 27, 2017 by Canadian Underwriter

Flood risk across Manitoba remains “moderate to major” across the province, the provincial infrastructure minister said on Monday. Manitoba Infrastructure Minister Blaine Pedersen issued the province’s first 2017 flood outlook on Monday, suggesting that levels of spring flooding will be

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Two U.S. dams illustrate challenge of maintaining older designs

February 22, 2017 Michael R. Blood - THE ASSOCIATED PRESS

LOS ANGELES – Twelve years ago, widespread destruction from Hurricane Katrina on the Gulf Coast helped compel federal engineers 2,000 miles away in California to remake a 1950s-era dam by constructing a massive steel-and-concrete gutter that would manage surging waters

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Powerful storm enters California and brings risk of flooding

February 17, 2017 John Antczak - THE ASSOCIATED PRESS

LOS ANGELES – The leading edge of a powerful Pacific storm entered southern and central California early Friday, bringing rains that forecasters said could become the strongest in years if not decades. With the storm feeding on an atmospheric river

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Burlington, Airdrie city officials share lessons from 2014 weather disasters

February 2, 2017 Greg Meckbach, Associate Editor

A rain storm in Burlington, Ont. during the summer of 2014 prompted officials from the upper tier of municipal government to take measures to address flood risk on homeowners’ properties, a speaker told insurance professionals at a conference Thursday. On

News CatastrophesClimate ChangeConstructionInsuranceLegislation / RegulationMergers and AqcuisitionsReinsurance

Vancouver planning additional measures to combat damage, costs associated with sea level rise

October 31, 2016 by Canadian Underwriter

“Sitting on the sidelines is not an option while climate change threatens our future,” Vancouver Mayor Gregor Robertson emphasized last week in announcing the city’s next moves to prepare for sea level rise over the next century. “The massive costs