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flood


Storm surge as high as 30 ft in Biloxi, Mississippi destroyed most of the structures right on the coast.
News CatastrophesInsuranceMarkets / Coverages

The exclusion that no longer applies to this home insurance coverage

August 28, 2018 by Greg Meckbach

Fifteen years after Nova Scotia was hit by Hurricane Juan, a Canadian home insurer is offering storm surge coverage in all four Atlantic Canada provinces. Storm surge is a rise in sea level resulting from atmospheric pressure changes and wind

News ClaimsInsurance

Beleaguered industry faces prospect of more flood damage in Ontario

August 21, 2018 by David Gambrill

Most of Ontario is under a severe weather warning Tuesday, once again threatening flood damage in a province where insurers have already paid approximately $800 million for natural catastrophe damages. This cumulative total for the year in Ontario does not

News Climate ChangeInsuranceRisk

One Ontario industry vulnerable to weather extremes

July 30, 2018 by Greg Meckbach

If your client is in the food production or distribution field, you might want to consider the impact of extreme weather. “Restaurants do not prioritize purchasing backup generators, or flood or business interruption insurance,” a report presented last week to

News ClaimsConstructionInsurance

Hundreds of New Brunswick flood victims still out of homes months after deluge

July 4, 2018 The Canadian Press

FREDERICTON – Hundreds of people remain out of their homes in New Brunswick months after historic floodwaters swept through the province, destroying buildings and inundating highways. Bill Lawlor, director of the Canadian Red Cross in New Brunswick, said Tuesday that

News CatastrophesClaimsClimate Change

The province said to lead Canada in physical flood defences

June 21, 2018 by Greg Meckbach

Half a century after the completion of the Red River Floodway, Manitoba still provides the best examples of overland flood defence work in Canada, the founder of a property loss think tank suggests. The Manitoba government estimates that the Red

News CatastrophesInsurance

Canada’s best province for flood risk management

June 20, 2018 by Greg Meckbach

Five years after Albertans lost billions as a result of record floods, Ontario leads the nation when it comes to keeping properties out of high-risk areas, a catastrophe loss expert contends. “Ontario has been most aggressive at trying to make

News Insurance

An overlooked consequence of basement flooding

June 13, 2018 by Greg Meckbach

If your home insurance client is an entrepreneur, consider what happens to that client’s business if his or her home basement gets flooded. A case in point is Laila and Zafar Ismaili, a married couple who own Enviro Digital Printing

News InsuranceLegislation / Regulation

New Brunswick says flood hit homes may not get approval for rebuild

June 5, 2018 Kevin Bissett - THE CANADIAN PRESS

FREDERICTON – New Brunswick flood victims may not be able to rebuild their homes – or only rebuild after significant mitigation efforts like raising them. The destructive, record-setting spring floods along the Saint John River and other waterways have prompted

News InsuranceMarkets / CoveragesReinsurance

Government-backed home flood insurance coming to Canada?

June 3, 2018 by Greg Meckbach

Federal government officials are pondering a flood insurance system similar to Britain’s two-year old Flood Re, an Insurance Bureau of Canada official suggested Thursday. Federal public safety minister Ralph Goodale “asked IBC to lead a working that will deliver recommendations

News ClaimsInsurance

About 10,000 homes were in N.B. flood areas, but damage still unclear

May 19, 2018 The Canadian Press

FREDERICTON – New Brunswick’s environment minister has given a new sense of scale to the province’s record-setting floods, saying as many as 10,000 homes and businesses were within flood zones. Andrew Harvey said Thursday that precise figures have yet to

News CatastrophesClaimsInsurance

New Brunswick floods: ‘This could get very uncomfortable,’ officials warn

May 2, 2018 Kevin Bissett - THE CANADIAN PRESS

SAINT JOHN, N.B. – People were being urged to evacuate their homes Wednesday as rising floodwaters threatened to surpass record-setting water levels in areas along the Saint John River, with one fire chief warning residents: “This could get very uncomfortable.”

News Catastrophes

Flooding grows along Saint John River in New Brunswick

May 1, 2018 THE CANADIAN PRESS

FREDERICTON – Floodwaters were expanding their reach Tuesday and washing through several communities along the Saint John River, stranding residents, soaking basements and making islands out of homes. “I see nothing but water,” Earl LeBlanc, a 76-year-old widower, said from