Canadian Underwriter

Keyword
flood


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

News CatastrophesClimate ChangeInsuranceMarkets / Coverages

Major flood of B.C.’s Fraser River could cause billions in economic losses: ICLR speaker

April 18, 2018 by Jason Contant

A major flood of British Columbia’s Fraser River or a coastal flood between now and 2100 could trigger economic losses of between $20 billion and $30 billion, a recent flood strategy report found. Released in 2016, Phase 1 of the

News ClaimsInsurance

B.C. homes on flood evacuation alert as dam weakens, water levels rise

April 17, 2018 The Canadian Press

OLIVER, B.C. – Flooding across the British Columbia Interior has washed out roads and put homes on evacuation alert. The Ministry of Transportation says Highway 33 from the Mission Creek Bridge to Kelowna is closed in both directions due to

News CatastrophesLegislation / Regulation

Alberta tables legislation to clarify responsibilities in natural disasters

April 5, 2018 The Canadian Press

EDMONTON – The Alberta government has introduced legislation to better define roles and responsibilities for decision-makers when natural disaster strikes. The proposed changes, tabled by Municipal Affairs Minister Shaye Anderson, will also provide minimum emergency management training for elected officials

News CatastrophesInsuranceMarkets / Coverages

Desjardins offers free flood coverage to eligible clients in low-risk areas

March 23, 2018 by Jason Contant

One Canadian insurer is not waiting for consumer take-up of its flood insurance coverage — it is automatically tacking the endorsement onto the policies of eligible clients who live in low-risk areas. Desjardins General Insurance Group (DGIG) told Canadian Underwriter

News InsuranceLegal

Your client is house-sitting when a pipe bursts on their watch. Are they liable for damages?

March 22, 2018 by Greg Meckbach

Is your client looking after someone’s home? Be careful: a man describing himself as a “voluntary house-sitter” is now a defendant in a lawsuit arising from a flooded home. The plaintiffs, Jiang Wei and Xiu Qing Hu, filed a lawsuit

News InsuranceMarkets / CoveragesTechnology

Province working on technology to ease damage in flood season

March 5, 2018 Kevin Bissett - THE CANADIAN PRESS

FREDERICTON – Flood forecasters in New Brunswick are using new technology to track snow loads and ice movement, hoping more information leads to less damage. Jasmin Boisvert, a water services specialist with the Department of Environment and Local Government, says

News CatastrophesClaims

Ontario flooding a “wakeup call” for homeowners to check their policies: IBC

February 27, 2018 by Greg Meckbach

Ongoing flooding issues in southern Ontario are a “wakeup call” that homeowners should be reviewing their water damage coverage, Insurance Bureau of Canada (IBC) cautions. Several communities, including Brantford, Chatham and London, experienced flooding due to mild temperatures and several

News CatastrophesClaimsConstructionInsuranceLegal

Court closes door on homeowner plan to build a basement walkout below a flood line

February 22, 2018 Greg Meckbach, Associate Editor

A Grande Prairie, Alta.-area property owner who installed a basement door below the one-in-100-year flood line should replace it with a window above the flood line, the Alberta Court of Appeal has ruled, upholding efforts by the municipality to stop

News ClaimsInsurance

How to start a kitchen flood claim with the wave of a paw

February 7, 2018 by Jason Contant

Fancy kitchen faucets that start and stop with a wave of the hand–or a feline paw–have contributed to some curious flood claims. In his presentation about appliance fires and flood claims, Mazen Habash, president of forensic engineering firm Origin and

News CatastrophesInsuranceMarkets / Coverages

Industry seeks government help to deal with homes in high-risk flood areas

February 1, 2018 by David Gambrill

Canadian property and casualty insurers cannot be the sole financial backstop for homeowners who build their homes in high-risk flood areas, a senior industry executive told a catastrophe risk conference in Ottawa. “We have to resolve the issue of high-risk

News CatastrophesInsuranceMarkets / CoveragesTechnology

Insurers urged to share cat models to help map flood risk

February 1, 2018 by David Gambrill

Catastrophe models that Canadian insurers use to predict flood damage should be open-sourced, free and accessible to everyone, says the chief executive of an open source cat modelling platform. A common theme at the C4 conference in Ottawa, organized by