Keyword
heavy rainfall
WestJet reports disclosure of rewards program data from unauthorized third party
July 31, 2017 by Canadian UnderwriterWestJet reported on Friday that it has “become aware that some WestJet Rewards member profile data has been disclosed online by an unauthorized third party.” None of the data contained credit card or banking information, Calgary-based WestJet noted in a…
May storms in Ontario, Quebec and the Maritimes caused hundreds of millions in damage and damaged more than 5,200 homes: Aon Benfield
June 8, 2017 by Canadian UnderwriterSeveral low pressure systems that brought heavy rainfall to portions of Ontario, Quebec and the Maritimes last month caused “hundreds of millions” in U.S. dollars and damaged more than 5,200 homes, according to Impact Forecasting’s latest Global Catastrophe Recap for…
Too early to confirm costs from flooding in B.C., Ontario, Quebec and Maritimes: Aon
May 11, 2017 by Canadian UnderwriterPersistent recent heavy rainfall falling across several Canadian provinces has led to increasingly rising rivers, streams and lakes this week, as communities “raced to protect from water inundation,” Impact Forecasting said on Thursday in an Aon cat alert. Financial losses…
More than 220 evacuated from homes after Gatineau flooding
May 4, 2017 by Canadian UnderwriterHundreds of people in Gatineau, Que. have been evacuated from their homes after heavy rainfall caused flooding. The City of Gatineau said in a statement that as of early Thursday morning, 223 people and 130 homes had been voluntarily evacuated.…
Quebec authorities watch for flooding after heavy weekend rainfall
April 18, 2017 The Canadian PressMONTREAL – Recent heavy rainfall had civil security authorities keeping close tabs on Quebec rivers Monday as minor flooding was reported in various parts of the province. Heavy rain on Sunday raised the water levels of streams and rivers over…
Most recent Canadian, U.S. actuarial index values reflect continued high frequencies of extreme weather events
March 7, 2017 by Canadian UnderwriterOrganizations representing the actuarial profession in Canada and the United States have reported an Actuaries Climate Index (ACI) value for the summer of 2016 of 1.72, the third-highest seasonal level recorded. On Tuesday, the four organizations representing actuaries in the…
Thanksgiving floods in Atlantic Canada caused more than $100 million in insured damage: CatIQ
November 18, 2016 by Canadian UnderwriterA tropical moisture system resulting from Hurricane Matthew that swept through Atlantic Canada last month has resulted in over $100 million in insured damage, according to Toronto-based Catastrophe Indices and Quantification Inc. (CatIQ). A cold front interacting with Matthew’s tropical…
Nova Scotia gives $500,000 in immediate flood aid to storm-ravaged Cape Breton
October 14, 2016 The Canadian PressHALIFAX – Nova Scotia Premier Stephen McNeil says the province is providing $500,000 in immediate emergency aid for people in Cape Breton affected by damage caused by last weekend’s massive rainfall. McNeil says the money has been given to the…
B.C. government invests $2.5-million to address flood risk in Peace Region after June flooding
October 11, 2016 by Canadian UnderwriterAbout four months after a “substantive rainfall event” that lead to flooding in British Columbia’s Peace Region, the provincial government announced that it is providing $2.5 million to the Peace River Regional District (PRRD) to undertake debris removal and preventative…
Insured residential, commercial property losses from Hurricane Matthew estimated to be US$4 billion to US$6 billion: CoreLogic
October 11, 2016 by Canadian UnderwriterInsured property losses for both residential and commercial properties from Hurricane Matthew are estimated to be between US$4 billion and US$6 billion from wind and storm surge damage, according to CoreLogic, Inc. Of this estimated loss, 90% of the insurance…
Slow-moving Hurricane Matthew expected to make landfall in Haiti on Tuesday as Category 4 storm
October 4, 2016 by Canadian UnderwriterSlow-moving Hurricane Matthew is forecast to make landfall on Haiti’s Tiburon Peninsula around midday on Tuesday as a Category 4 storm, according to the National Hurricane Center (NHC). As one of the most powerful North Atlantic hurricanes in recent history…
Louisiana floods to cost U.S. economy between US$10-15 billion: Aon Benfield’s Impact Forecasting
September 8, 2016 by Canadian UnderwriterThe recent flooding in Louisiana is expected to cost the economy of the United States between US$10 billion and US$15 billion, with public and private insured losses expected in the low-digit single billions, according to Aon Benfield’s latest Global Catastrophe…