Keyword
storm surge
Insured losses from Harvey’s wind, storm surge as much as US$2.3 billion: AIR Worldwide
August 29, 2017 by Canadian UnderwriterHarvey-related winds and storm surge in Texas are expected to produce industry insured losses amounting to between US$1.2 billion and US$2.3 billion, AIR Worldwide reported Monday afternoon as flooding in southeastern Texas continued to strand residents and wreak havoc. Included…
Harvey creating life-threatening flooding in southeastern Texas, early damage estimate up to US$2 billion
August 28, 2017 by Canadian UnderwriterCatastrophic and life-threatening flooding persisted over parts of southeastern Texas as of early Monday morning despite Harvey being downgraded from an anticipated Category 3 hurricane to a tropical storm. “Do not attempt to travel in the affected areas if you…
Provincial, local governments should consider mandatory hurricane interpretation training: ICLR report
August 25, 2017 Jason Contant, Online EditorProvincial and local governments should consider mandating compulsory training in the Canadian Hurricane Centre (CHC)’s severe hurricane interpretation course, the Institute for Catastrophic Loss Reduction (ICLR) recommended in a new research paper. The paper, titled Communicating hurricane risk in Eastern Canada:…
More than 200,000 homes in Texas at potential risk of storm surge damage from Hurricane Harvey: CoreLogic
August 25, 2017 by Canadian UnderwriterMore than 200,000 homes along the coast of Texas with a reconstruction cost value (RCV) of approximately US$39.6 billion are at potential risk of storm surge damage from Hurricane Harvey, CoreLogic suggested late Thursday. Irvine, Calif-based CoreLogic, a global property…
Nearly 6.9 million U.S. homes at risk of hurricane storm surge damage in 2017: CoreLogic
June 1, 2017 by Canadian UnderwriterNearly 6.9 million homes along the Atlantic and Gulf coasts in the United States are at potential risk of damage from hurricane storm surge inundation, according to CoreLogic’s 2017 Storm Surge Report. On Thursday, the global property information, analytics and…
High lakes, variable weather, mean no foreseeable end to Okanagan flood: district
May 30, 2017 The Canadian PressKELOWNA, B.C. – Officials with the City of Kelowna say gusty winds are the latest threat that could add to flooding woes in the Central Okanagan. City spokesman Tom Wilson says winds of up to 25 kilometres per hour are…
Swiss Re losses from Cyclone Debbie currently estimated at US$350 million
April 13, 2017 by Canadian UnderwriterSwiss Re currently estimates its claims burden from tropical cyclone Debbie in Australia at about US$350 million, net of retrocession and before tax, while the total insured market losses associated with the event is estimated at around US$1.3 billion. The…
U.S. senate committee holding field hearing on economic impacts of extreme weather and coastal flooding
April 10, 2017 by Canadian UnderwriterThe U.S. Senate Committee on Commerce, Science & Transportation is holding a field hearing in West Palm Beach, Fl. to discuss the economic impacts of extreme weather and coastal flooding. Lead by Senator Bill Nelson (D-FL), the hearing, titled “Extreme…
Cyclone Debbie barrels into Australia with damaging winds, flooding rain: AIR
March 29, 2017 by Canadian UnderwriterAustralia is experiencing its most powerful storm since 2011, as Cyclone Debbie roared ashore in Queensland, Australia as a Category 4 storm shortly after noon on Tuesday. Catastrophe modelling firm AIR Worldwide said that Cyclone Debbie struck Airlie Beach as…
Tough slogging expected across Atlantic Canada in wake of major storm
February 10, 2017 The Canadian PressSchools were closed and travel hampered in much of Atlantic Canada on Friday due to a fast-moving and powerful winter storm that blew in from the United States on Thursday night. Environment Canada had issued multiple snow, storm surge and…
15 U.S. weather and climate disasters in 2016 caused US$46 billion in damages: NOAA
January 9, 2017 by Canadian UnderwriterThe United States experienced 15 “weather and climate disasters” last year – each with losses exceeding US$1 billion – for a total of US$46 billion, the National Oceanic and Atmospheric Administration (NOAA) reported on Monday. The disasters, which included eight…
First above-normal Atlantic hurricane season since 2012 produced five landfalling U.S. storms: NOAA
December 1, 2016 by Canadian UnderwriterThe first above-normal Atlantic hurricane season since 2012 has produced five landfalling storms in the United States, the National Oceanic and Atmospheric Administration (NOAA) said on Wednesday. The Atlantic, eastern Pacific and central Pacific 2016 hurricane seasons ended on Nov.…