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Fort McMurray


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Update puts buildings lost in Fort McMurray at 2,400, but 25,000 saved

May 9, 2016 By Lauren Krugel - THE CANADIAN PRESS

EDMONTON – Alberta Premier Rachel Notley says the “ocean of fire” that hit Fort McMurray burned about 10 per cent of the buildings, but the hard work of firefighters saved the bulk of the city so it can be rebuilt.

News CatastrophesClimate ChangeEarnings / RatingsInsuranceMergers and Aqcuisitions

Fort McMurray wildfire could hurt 2016 Q2 results for some Canadian p&c insurers, companies offering help

May 9, 2016 by Angela Stelmakowich

Credit rating agency Moody’s does not anticipate the massive wildfire in and around Fort McMurray will be a credit event for Canada’s property and casualty industry, but is likely to have an impact on 2016 Q2 results for property insurers.

News CatastrophesInsurance

A look at how a wildfire consumed large parts of Fort McMurray

May 8, 2016 The Canadian Press

FORT MCMURRAY, Alta. – A wildfire has devastated the community of Fort McMurray. Here is a timeline of events: Sunday – A fire starts in a remote part of forest southwest of Fort McMurray. Investigators don’t know how it started,

News CatastrophesInsurance

Officials say it could take months to extinguish massive Alberta blaze

May 7, 2016 By John Cotter - THE CANADIAN PRESS

FORT MCMURRAY, Alta. – Fire officials are bracing themselves for a long, long fight against the blaze that forced the evacuation of Fort McMurray and has eaten up more than 1,500 square kilometres of northern Alberta forest. “Unless we have

News CatastrophesClimate ChangeConstructionInsuranceMergers and Aqcuisitions

Catastrophic Fort McMurray wildfire shows need for fire resilience

May 6, 2016 by Canadian Underwriter

The devastating wildfire in and around Fort McMurray – an event that has been estimated could produce insured losses of as much as $9 billion, becoming the most cost disaster event ever in Canada – clearly illustrates the pressing need

News CatastrophesInsurance

Crews scramble as Fort McMurray fire explodes in size, continues to threaten

May 5, 2016 By John Cotter – THE CANADIAN PRESS

FORT MCMURRAY, Alta. – Crews fighting to save Fort McMurray from rampaging flames water bombed the city Thursday to try to keep away a wildfire so intense it has spawned its own weather. “It was creating its own high winds

News CatastrophesInsuranceMergers and Aqcuisitions

An estimated 90% of homes in Fort McMurray, Alta. neighbourhood lost in wildfire

May 4, 2016 by Canadian Underwriter

An estimated 90% of the homes in the Waterways neighbourhood of Fort McMurray, Alta. have been lost as a major wildfire continues to sweep through the town. The Regional Municipality of Wood Buffalo said in a media briefing on Wednesday

News CatastrophesMergers and Aqcuisitions

Out of control Alberta wildfire prompts evacuation order for 700

May 2, 2016 The Canadian Press

FORT MCMURRAY, Alta. – An out-of-control wildfire has forced about 700 people from their homes near Fort McMurray in northern Alberta. Emergency officials issued a mandatory evacuation order late Sunday for residents of the Centennial Trailer Park and Prairie Creek