Canadian Underwriter

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high winds

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Government of Canada creates expert panel on climate change adaptation

August 29, 2017 by Canadian Underwriter

The Government of Canada announced on Tuesday that it is creating an expert panel on adapting to climate change. Minister of Environment and Climate Change, Catherine McKenna, announced the launch of the Expert Panel on Climate Change Adaptation and Resilience Results in a statement from Environment and Climate Change Canada (ECCC). The expert panel will advise the federal government on measuring progress on adaptation and climate resilience to better understand how federal, provincial and territorial adaptation efforts are building Canada’s resilience to climate change, for…

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Insured costs for Cyclones Debbie and Cook in New Zealand upgraded to NZ$109 million from NZ$84 million in June

August 28, 2017 by Canadian Underwriter

The Insurance Council of New Zealand (ICNZ) has upgraded the insured costs associated with Cyclones Debbie and Cook to NZ$109 million from the NZ$84.4 million estimate in June. The two cyclones swept through New Zealand during April (Cyclone Debbie from

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2016 was the warmest year on record for the globe, Canadian Prairies experienced one of the “longest and most active storm seasons”: report

August 11, 2017 by Canadian Underwriter

Last year topped 2015 as the warmest year in 137 years of record keeping and marked the third consecutive year of record warmth, the National Oceanic and Atmospheric Administration (NOAA) reported on Thursday. The 27th annual State of the Climate

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High winds add to flooding fears as storm approaches southern B.C.

May 23, 2017 The Canadian Press

VANCOUVER – Flood-weary regions of British Columbia’s southern Interior are bracing for another battering, this time from high winds. Environment Canada has issued special weather statements for parts of Vancouver Island, Metro Vancouver and most of the southern Interior, including

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Parts of Manitoba, Saskatchewan hit by blizzard, travel extremely dangerous

March 7, 2017 The Canadian Press

Snow, high winds and low visibility made travel extremely dangerous in parts of Manitoba and eastern Saskatchewan Tuesday as a blizzard howled through the region for a second day. Manitoba said the Trans-Canada Highway and highways 16, 5 and 45

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PERILS puts initial loss estimate for extra-tropical cyclone Egon at 212 million euros

February 23, 2017 by Canadian Underwriter

PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has put the initial loss estimate for extra-tropical cyclone Egon at 212 million euros. The low pressure system associated with Egon developed as a secondary low from a large

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Armed forces deployed to hardest hit areas in the wake of N.B. storm: premier

January 30, 2017 Adina Bresge - THE CANADIAN PRESS

SHIPPAGAN, N.B. – New Brunswick’s premier says the military is sending between 100 and 150 troops to help with recovery efforts in the areas that have been hardest hit by last week’s ice storm. Brian Gallant told a news conference

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Hurricane Matthew unlikely to have material impact on insurance market: Willis Towers Watson

October 7, 2016 by Canadian Underwriter

With Hurricane Matthew weakening and being downgraded, it is less likely it will reach the US$30 billion initial loss estimates offered by catastrophe modelling firms, said Gary Marchitello, head of property broking with Willis Towers Watson (WTW). “The US$30 billion

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Estimated $66 million in insured damage from severe summer storms in southern Prairies: IBC, CatIQ

September 8, 2016 by Canadian Underwriter

Recent severe storms that swept through the southern Prairies – producing heavy rainfall, large hail, high winds, tornadoes and extreme lightning – are estimated to result in insured damage topping $66 million. The damage estimate released by Insurance Bureau of

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Southern Manitoba hit by bad storms, reports surface of buildings being damaged

July 21, 2016 The Canadian Press

WINNIPEG – A severe storm that roared through southern Manitoba on Wednesday left considerable damage in its wake. Tornado warnings were issued across the region, and reports poured in on social media of trees being downed, intersections flooded and power