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Forecast models show Hurricane Teddy could hit Maritimes next week

September 18, 2020 Michael Tutton - THE CANADIAN PRESS

HALIFAX – The Canadian Hurricane Centre’s top meterologist is suggesting the combination of Hurricane Teddy and a continuing pandemic should prompt Maritimers to plan well ahead for potential power outages. The storm was churning northward in the Caribbean Friday, with

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Rapid-intensity Hurricane Laura ultimately headed for Newfoundland

August 26, 2020 by David Gambrill

The path of Hurricane Laura — which is currently located off the U.S. Gulf Coast and described as one of the fastest-intensifying storms in history — is tracking to hit St. John’s, Nfld., next Monday as a post-tropical storm, according

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Tropical storm Isaias expected to bring heavy rain, wind gusts to eastern Canada

August 4, 2020 THE CANADIAN PRESS

HALIFAX – A tropical storm that has lashed parts of the eastern United States should be diminished in strength by the time it reaches eastern Canada, the Canadian Hurricane Centre says. Centre forecaster Chris Fogarty said that Isaias was on

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Meteorologists predict active hurricane season, Canadians told to prepare

May 22, 2020 THE CANADIAN PRESS

HALIFAX – Canadian meteorologists are predicting another active hurricane season, saying conditions are right for a long list of tropical storms. The Canadian Hurricane Centre in Halifax issued its seasonal forecast today, following up on a similar prediction offered Thursday

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This storm preparation tip is a myth

September 12, 2018 by Greg Meckbach

As Newfoundland gets hit by the remnants of Tropical Storm Gordon and Hurricane Florence threatens the Carolinas, brokers can make a difference in advising homeowners what not to do as nasty weather approaches. “In Canada, there are not many hurricane-type

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Tropical Storm Chris could make landfall on Newfoundland

July 10, 2018 by Greg Meckbach

Newfoundland’s Avalon Peninsula could get wind gusts of up to 100 km/h this week as a result of Tropical Storm Chris, which is expected to be upgraded to hurricane status Tuesday. Tropical Storm Chris was in the Atlantic Ocean more

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Tropical Storm Chris tracks towards Nova Scotia

July 9, 2018 by Greg Meckbach

Storm weather arising from a hurricane could hit Nova Scotia Wednesday night, with a low but not zero probability of hurricane-force winds hitting Canada’s east coast. Tropical Storm Chris is expected to start moving northeast and reach hurricane status Tuesday,

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More hurricanes, or just better detection?

June 7, 2018 by Jason Contant

Is the number of Canadian hurricanes getting larger, or are we just better at detecting them? Bob Robichaud, warning preparedness meteorologist with the Canadian Hurricane Centre (CHC), raised the question during a webinar on the Institute for Catastrophic Loss Reduction

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No hard market despite 2017 hurricane losses: Fairfax

May 17, 2018 by Greg Meckbach

Despite nearly US$100 billion in hurricane losses in 2017, insurance buyers are not experiencing a hard market like they did after the 2001 terror attacks that brought the World Trade Centre down, the head of Fairfax Financial Holdings Ltd. suggests.

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Insurer losses not yet translating into property price hikes: broker

March 24, 2018 by Greg Meckbach

Brokers expecting to see price hikes in property lines after last year’s devastating hurricanes may have good news for clients, at least in the short term. “Long term, all of the carriers will need to increase pricing and they would

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How 2017 hurricanes could affect Canadian insurance prices

January 24, 2018 by Greg Meckbach

Canadian property insurers could face reinsurance rate hikes this June as an indirect result of recent California wildfires and North Atlantic hurricanes, a ratings firm analyst predicts, echoing the opinions of several commentators in the Canadian property and casualty (P&C)

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In the Alternative

November 29, 2017 Greg Meckbach, Associate Editor

Losses from recent hurricanes could top US$100 billion, threatening to wipe out some Cat bonds. Still, reinsurance experts say investor support for new insurance-linked securities remains strong, with any players opting to exit the market expected to be easily replaced.