Canadian Underwriter

Keyword
flooding


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This province could see major spring flooding

March 1, 2019 by Jason Contant

Ten years after serious flooding in much of the southern part of Manitoba, there is again a high risk of major spring flooding in the province’s Red River Valley region. “Early forecasting data shows that we expect to see major

News ClaimsLegal

Lawsuit over flooding, catch-basin access could reach Supreme Court

February 11, 2019 by Greg Meckbach

A property owner who was sued for more than $100,000 over laneway flooding is hoping to appeal to the Supreme Court of Canada. Marilyn Marks owns commercial property in the community of Tottenham, Ont., about 40 kilometres north of Toronto

News ClaimsInsurance

Heavy rains, wind cause flash flooding and evacuations in Sussex, N.B.

January 25, 2019 The Canadian Press

SUSSEX, N.B. – Dozens of people had to be evacuated from almost 30 homes late Thursday because of flash flooding in riverfront areas around Sussex, N.B., in the wake of torrential rains and strong winds. The Canadian Red Cross said

News ClaimsClimate ChangeInsurance

How much this province’s “historic” flooding will cost the industry

August 14, 2018 by Jason Contant

Spring flooding in New Brunswick may have been “historic” and “record-setting,” but it didn’t meet the $25-million threshold of a catastrophe event. Catastrophe Indices and Quantification (CatIQ) told Canadian Underwriter Monday the flooding was a “notable event,” meaning it caused

News ClaimsInsurance

New Brunswick receives federal aid following spring flooding

August 2, 2018 The Canadian Press

FREDERICTON – New Brunswick is getting $39 million from Ottawa as it continues to recover from this spring’s historic floods. The province says the federal money will help cover response and recovery costs. In a news release, Deputy Premier Stephen

News Risk

Woman drowns after small, intense storm floods basement

July 31, 2018 Colleen Slevin and Kathleen Foody - THE ASSOCIATED PRESS

ENGLEWOOD, Colo. – Rachael Haber only intended to stay a few minutes when she stopped by the basement apartment of a travelling friend to check on her pet cat. While she was there Tuesday, a small but intense storm hit

News ClaimsClimate ChangeInsurance

Will the Maritimes be insurable if climate change left unchecked?

July 29, 2018 by Jason Contant

The financial costs of flooding in the Maritimes could increase dramatically by the end of the century under a “business-as-usual climate scenario,” even without accounting for changes people have made to the environment that could increase exposure, according to a

News LegalMarkets / Coverages

Regulator says company had legal obligation to fix and maintain rail line

June 15, 2018 The Canadian Press

WINNIPEG – Federal regulators have ruled that the owners of a broken rail line to Churchill were wrong not to repair the line that kept the northern Manitoba community connected to the outside world. The Canadian Transportation Agency says the

News BrokersClaimsInsuranceMarkets / Coverages

How one brokerage helped out a competitor during ‘biblical’ flooding

May 23, 2018 by Jason Contant

Recent flooding in Grand Forks, B.C. has not only brought a community together, it has brought two local competing brokerages together as well. Sam Cowan, vice president of sales and marketing with RHC Insurance Brokers Ltd., said that the brokerage’s

News ClaimsInsurance

Province offers compensation for flood-damaged cottages

May 16, 2018 The Canadian Press

FREDERICTON – The New Brunswick government will compensate cottage owners whose properties were damaged by record-breaking flooding, while also requiring residents to develop plans to mitigate against future floods. Environment and Local Government Minister Andrew Harvey announced the special, one-time

News CatastrophesClaimsInsurance

Report to government suggests hot opportunity for brokers right now

May 14, 2018 by Jason Contant

Brokers in British Columbia looking to place overland flood cover should review a recent study that found polled respondents did not have access to overland flood insurance, did not know about it, or found it unaffordable. Even more alarming, most

News Claims

What could cause more flood woes in B.C.

May 14, 2018 The Canadian Press

VANCOUVER – Torrential rains that pushed southern British Columbia waterways to flood stage have eased, but officials warn a new threat of unseasonably warm weather could rapidly melt snowpacks, adding to already swollen rivers. David Campbell, head of the B.C.