Canadian Underwriter

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Hail


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Nasty weather, including possible tornado, hits south central Saskatchewan

July 20, 2016 by Canadian Underwriter

DAVIDSON, Sask. – Parts of south-central Saskatchewan have been hammered with hail, heavy rain and even a twister. During a public alert issued Tuesday night, Environment Canada said a tornado had been reported touching down in a rural area near

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June storms in Ontario and Prairies cost about $34 million in insured damage: CatIQ

July 19, 2016 by Canadian Underwriter

The storms that hit Saskatchewan, Manitoba and Ontario on June 24 and 25 caused more than $34 million in insured damage, according to estimates from Catastrophe Indices and Quantification Inc. (CatIQ). A press release issued on Tuesday by the Insurance

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2016 hail season one of the most severe in Texas history, with nearly US$700 million in estimated losses: CoreLogic

July 12, 2016 by Canadian Underwriter

The 2016 hail season in Texas is already one of the most severe in the state’s history, with year-to-date results reaching the nine-year average for hail storm damage in the United States, according to CoreLogic, Inc., a global property information,

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U.S. insurers paid US$5.37 billion in total hail claims for 2008-14; 2011 and 2014 costliest years

June 13, 2016 by Canadian Underwriter

The years of 2011 and 2014 were the costliest years for hail-related vehicle claims in the United States during a 2008-14 study period, with losses concentrated in the country’s midsection, according to an updated analysis by the Highway Loss Data

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Global economy suffers worst natural disaster losses in April in five years: Aon Benfield report

May 5, 2016 by Canadian Underwriter

The global economy suffered the worst natural disaster losses in April in five years, according to Impact Forecasting’s Global Catastrophe Recap for the month. Between April 14 and 16, two major earthquakes struck Japan within 24 hours, causing massive devastation,

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Third Texas hail storm in less than a month could push state’s year-to-date damage beyond nine-year average for U.S.: A.M. Best

April 25, 2016 by Canadian Underwriter

Texas’s third major hail storm in less than a month on Apr. 11 could push the state’s damage so far this year to beyond the nine-year average of US$1.2 billion for the whole of the United States, notes a report