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What’s Franklin have in store for Atlantic Canada?

August 29, 2023 Philip Porado

As Hurricane Franklin starts turning North, Atlantic Canada is watching and waiting to see whether it makes a direct hit, or if the storm will weaken before reaching Canada’s coast, as current maps suggest. Franklin is expected to cross the

Buildings are seen in floodwater following a major rain event in Halifax on Saturday, July 22, 2023. A long procession of intense thunderstorms have dumped record amounts of rain across a wide swath of Nova Scotia, causing flash flooding, road washouts and power outages
News BrokersCatastrophesClaimsClimate ChangeInsuranceMarkets / CoveragesRisk

What the Nova Scotia floods cost insurers

August 24, 2023 by Alyssa DiSabatino

A flood and rainstorm event that hit Nova Scotia in July is estimated to have caused over $170 million in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ).  The atmospheric river event dropped more than

Buildings are seen in floodwater following a major rain event in Halifax on Saturday, July 22, 2023. A long procession of intense thunderstorms have dumped record amounts of rain across a wide swath of Nova Scotia, causing flash flooding, road washouts and power outages
News AdjustersCatastrophesClaimsClimate ChangeCommercial LinesInsurance

How the Nova Scotia floods compare to Hurricane Fiona

July 28, 2023 by Alyssa DiSabatino

Recent flooding in Nova Scotia has led adjusters to see damages comparable to Hurricane Fiona, but final claims totals aren’t expected to be as high as when Fiona blew through the East Coast last September, claims professionals on the ground

Buildings are seen in floodwater following a major rain event in Halifax on Saturday, July 22, 2023. A long procession of intense thunderstorms have dumped record amounts of rain across a wide swath of Nova Scotia, causing flash flooding, road washouts and power outages
News AdjustersBrokersCatastrophesClaimsClimate ChangeCommercial LinesInsuranceRestoration

Claims pouring in for record Nova Scotia rainstorm

July 24, 2023 by Alyssa DiSabatino

Adjusters are beginning to see claims pour in after thunderstorms dumped record amounts of rain on Nova Scotia Friday.  Torrential downpours dropped over two months’ worth of rain (between 200 and 250 millimetres) in about 24 hours on Halifax, Nova

Nova Scotia vineyard
News AdjustersCatastrophesClaimsClimate ChangeInsurance

Recent extreme cold snap causes ‘devastating’ damage to Nova Scotia vineyards

February 10, 2023 The Canadian Press

The president of the Grape Growers Association of Nova Scotia says it will take years for vineyards to recover from the recent extreme cold snap. Steve Ells says between 95 and 100 per cent of Nova Scotia-grown vinifera variety grapes

Sandbag beach reinforcements, which had previously been covered with sand, lie exposed following the passage of Hurricane Nicole, Thursday, Nov. 10, 2022, in Vero Beach, Fla. (AP Photo/Rebecca Blackwell)
News AnnouncementsCatastrophesClaimsClimate ChangeInsuranceRisk

Nicole to be typical fall storm, but officials warn of outages where Fiona hit hard

November 11, 2022 The Canadian Press

HALIFAX – Environment Canada says the Category 1 hurricane that hit Florida early this morning will feel like a typical fall storm when the weather system makes its way to the East Coast this weekend. But officials are warning to

Surf washes over a beach on Nova Scotia's Atlantic coast.
News CatastrophesClimate ChangeConstructionInsuranceLegislation / RegulationRisk

P&C industry’s input on coastal protection

April 6, 2022 by Alyssa DiSabatino

Nova Scotia community and industry stakeholders have shared their input on the Coastal Protection Act, and an Insurance Bureau of Canada representative says the financial case for supporting the act is clear. Passed in 2019, the legislation aims to restrict

Aerial drone view of dyke/wetland area in Nova Scotia's Digby County.
News InsuranceMarkets / Coverages

Dikes to protect N.S. N.B. link from flooding expected to cost hundreds of millions

March 18, 2022 The Canadian Press

HALIFAX – An engineering study looking at three options to save the land link between Nova Scotia and New Brunswick from climate-related flooding is pegging costs at between $189 million and just over $300 million. The study released today suggests

Front view of red SUV emergency braking to avoid car crash
News InsuranceLegislation / Regulation

Why this auto insurer will stop discount for autonomous emergency braking

July 27, 2021 by Greg Meckbach

Nova Scotia motorists who purchase autonomous emergency braking systems will no longer qualify for a discount with one insurer as of October. In Nova Scotia, Aviva General Insurance Company has a 15% discount, to bodily injury and accident benefits insurance

News Insurance

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

Feature

Briefing Note: Nova Scotia

July 10, 2020 Canadian Underwriter Staff

Nova Scotia has had a hard few months, and not just because of COVID-19, says Darren Lipsett, president of the Insurance Brokers Association of Nova Scotia. Brokers are dealing with rate hikes and the national capacity crunch as insurers try

News Insurance

Truck fire in Nova Scotia turns propane cylinders into projectiles

June 25, 2020 THE CANADIAN PRESS

DEBERT, N.S. – A cleanup is underway in Debert, N.S., after a transport truck carrying over 1,000 propane cylinders caught fire. Nobody was injured in Sunday’s blaze on the Plains Road, which turned a large number of the nine-kilogram cylinders