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Keyword
wildfire


News CatastrophesClaims

Two-year deadline for Fort McMurray insurance claims extended

May 17, 2018 The Canadian Press

FORT MCMURRAY, Alta. – Deadlines have been extended for hundreds of insurance claims that remain unresolved more than two years after a wildfire dubbed “The Beast” tore through Fort McMurray and surrounding areas in the Regional Municipality of Wood Buffalo.

News CatastrophesClaimsInsurance

Report to government suggests hot opportunity for brokers right now

May 14, 2018 by Jason Contant

Brokers in British Columbia looking to place overland flood cover should review a recent study that found polled respondents did not have access to overland flood insurance, did not know about it, or found it unaffordable. Even more alarming, most

Feature Claims CanadaInsurance

Claims, Interrupted

May 8, 2018 Shane Swinson, SVP, insurance portfolio, FirstOnSite Restoration

Why a new breed of storms paves a new course for claims managers

News CatastrophesClaimsInsurance

Officials warning B.C. flooding this year may be worse due to 2017 wildfires

May 3, 2018 The Canadian Press

WILLIAMS LAKE, B.C. – Emergency officials in British Columbia’s southern Interior warn that devastating wildfires that charred thousands of square kilometres of timber and bush last year now have the potential to make seasonal flooding even more severe. The warning

News CatastrophesLegislation / Regulation

Alberta tables legislation to clarify responsibilities in natural disasters

April 5, 2018 The Canadian Press

EDMONTON – The Alberta government has introduced legislation to better define roles and responsibilities for decision-makers when natural disaster strikes. The proposed changes, tabled by Municipal Affairs Minister Shaye Anderson, will also provide minimum emergency management training for elected officials

News CatastrophesInsuranceLegalReinsurance

Arbitration glitch sidetracks $147-million Fort Mac reinsurance dispute

March 21, 2018 by David Gambrill

A $147-million reinsurance dispute involving Fort McMurray wildfire claims got off to a rocky start because the insurer and its reinsurers could not initially agree on the method of arbitration. At the heart of the matter was a broad reference

Feature Claims CanadaInsurance

Lessons from the field in Fort Mac

March 15, 2018 Kris Rzesnoski, vice-president, business development, Encircle

On May 3, 2016 a massive wildfire swept through the remote Alberta community of Fort McMurray, necessitating the largest wildfire evacuation in Canadian history, with upwards of 88,000 people fleeing their homes. May 3rd was a turning point as well

News CatastrophesInsurance

New method can predict where lightning will spark wildfires

March 12, 2018 THE CANADIAN PRESS

CALGARY – Apparently lightning can strike the same place twice after all. A study by researchers at the University of Calgary’s Schulich School of Engineering suggests it’s possible to predict where lightning will strike and how often. They say satellite

News CatastrophesClaimsConstructionInsurance

Fort McMurray embraces plan to bolster wildfire prevention in region

January 31, 2018 The Canadian Press

FORT MCMURRAY, Alta. – Lawmakers in Fort McMurray have approved a plan to help prevent destructive wildfires such as the one that ravaged the community in 2016. The Regional Municipality of Wood Buffalo council says the five-year mitigation strategy includes

Feature Claims CanadaInsurance

Climate change and its effect on insurance claims

December 15, 2017 Neville Bussell

The wildfire insurance losses incurred in Fort McMurray, Alberta in 2016 are the costliest in Canadian history. The fire involved residential property, businesses, municipal property and landscape over an area of 590,000 hectares. The Insurance Bureau of Canada Costs estimated

News Catastrophes

Lessons for Canadians from California wildfires

December 13, 2017 Greg Meckbach, Associate Editor

Recent record wildfire losses in California serve as a reminder to Canadians that certain buildings separated from the woods can still burn down, a Canadian disaster prevention research executive suggests. Losses from the California wildfires, in excess of $10 billion,

Feature Catastrophes

Burning Questions

December 11, 2017 Angela Stelmakowich, Editor

What is needed to create enhanced focus and kick-start more action with regard to the wildfire peril in Canada? Approaches deserving of a look (or a closer look) range from improving stakeholder understanding of the potential related losses to rethinking how the peril needs to be modelled and addressed within insurance policies.