Keyword
New Brunswick
The place where insurers are seeking double-digit auto rate increases
September 10, 2019 by Greg MeckbachAuto insurers asking for double-digit increases from New Brunswick’s regulator could face some hard questions during hearings this fall. “Some of the companies have been asking for a big increase” and will not necessarily be approved for the increases they…
Engineering study wanted for Atlantic Canada sea level rise mitigation
July 26, 2019 Michael Tutton - THE CANADIAN PRESSHALIFAX – A long-awaited process is underway to find ways to protect a narrow and vital corridor of land between New Brunswick and Nova Scotia from floods caused by sea level rise and storm surges. The request for proposals issued…
Why is New Brunswick’s loss ratio the highest in Canada?
June 12, 2019 by Jason ContantWhat is contributing to New Brunswick’s skyrocketing loss ratio? According to Canadian Underwriter’s 2019 Statistical Issue, the total (direct) loss ratio for the province last year was 100.8%, up 22 points from 78.8% in 2017. This makes it the highest…
Health and safety inspection teams head to flood affected zones in New Brunswick
May 3, 2019 Kevin Bissett - THE CANADIAN PRESSFREDERICTON – Health and safety inspection teams are fanning out across flood-affected regions of New Brunswick, assessing homes and businesses that are still drying out amid receding floodwaters. New Brunswick’s Emergency Measures Organization says the teams will inspect electrical systems…
Southern New Brunswick still flooded but waters are slowly receding
April 29, 2019 Kevin Bissett - THE CANADIAN PRESSFREDERICTON – Officials in New Brunswick are urging patience while floodwaters are receding, saying there’s a long way to go before the response can become a recovery effort. The province’s Emergency Measures Organization says that while water levels are slowly…
Rising Saint John River frustrating swath of southern New Brunswick
April 24, 2019 Kevin Bissett - THE CANADIAN PRESSFREDERICTON – Thane Mallory says the picturesque water view out the back window is what keeps him going back every day to Gulliver’s World Cafe, his restaurant in Gagetown, N.B. “I wake up every morning and look out the back…
Flooding in New Brunswick results from winter storm
January 21, 2019 Kevin Bissett - THE CANADIAN PRESSA powerful winter storm that brought heavy rain and snow to much of Eastern and Central Canada closed schools, flooded streets, knocked out power and forced school buses to stay off the roads in many areas Monday as temperatures began…
New Brunswick earthquake ‘widely felt’
January 11, 2019 THE CANADIAN PRESSGRAND BAY-WESTFIELD, N.B. – A minor earthquake rattled windows and knocked dishes off shelves in a small community in southern New Brunswick on Thursday. “It felt like something ran into the building _ it was a big bang,” said Troy…
How much this province’s “historic” flooding will cost the industry
August 14, 2018 by Jason ContantSpring flooding in New Brunswick may have been “historic” and “record-setting,” but it didn’t meet the $25-million threshold of a catastrophe event. Catastrophe Indices and Quantification (CatIQ) told Canadian Underwriter Monday the flooding was a “notable event,” meaning it caused…
New Brunswick receives federal aid following spring flooding
August 2, 2018 The Canadian PressFREDERICTON – New Brunswick is getting $39 million from Ottawa as it continues to recover from this spring’s historic floods. The province says the federal money will help cover response and recovery costs. In a news release, Deputy Premier Stephen…
Hundreds of New Brunswick flood victims still out of homes months after deluge
July 4, 2018 The Canadian PressFREDERICTON – Hundreds of people remain out of their homes in New Brunswick months after historic floodwaters swept through the province, destroying buildings and inundating highways. Bill Lawlor, director of the Canadian Red Cross in New Brunswick, said Tuesday that…
New Brunswick says flood hit homes may not get approval for rebuild
June 5, 2018 Kevin Bissett - THE CANADIAN PRESSFREDERICTON – New Brunswick flood victims may not be able to rebuild their homes – or only rebuild after significant mitigation efforts like raising them. The destructive, record-setting spring floods along the Saint John River and other waterways have prompted…