The B.C. wildfires and losses related to commercial auto and motorcycle contributed to Echelon Insurance witnessing a 42% decrease in net income and an increase in combined operating ratio for 2017 Q3 compared to 2016 Q3. Net income amounted to…
The above-average activity for the Atlantic hurricanes season so far – a season that is not yet done – is already a capital event for p&c reinsurers and the remainder plus wildfire activity likely only contributes to nervousness, S&P Global…
The Institute for Catastrophic Loss Reduction (ICLR) will be hosting a webinar later this month on vulnerabilities and mitigation strategies related to exposure of buildings to wildfire. The webinar, to be held from 10 a.m. to 11:30 a.m. EDT on…
WATERTON, Alta. – Parks Canada says the wildfire in southwestern Alberta is no longer out of control and is being held. But the agency says the Kenow fire in Waterton Lakes National Park is still active and covers an estimated…
British Columbia’s wildfire-driven provincial state of emergency expired at midnight (Pacific time) on Friday, the province’s Ministry of Public Safety and Solicitor General has reported. The state of emergency was declared on July 7 and extended four times over the…
Several evacuation orders related to the Kenow wildfire have been lifted, while others remain in effect as the fire continues burning in southwestern Alberta about two weeks after it was initially discovered. The mandatory evacuation order for Cardston County was…
KELOWNA, B.C. – Hundreds of people forced from their homes by a wildfire burning east of Kelowna, B.C., have been allowed to return, but others remain displaced. The Central Okanagan Regional District said an evacuation order for 263 properties was lifted Sunday morning and about 600 residents are now allowed to go home.
About 400 other residents remain under evacuation order due to the flames, and people who have been allowed to return will remain on evacuation alert, meaning they must be prepared…
The Allstate Corp. announced July 20 it estimates its catastrophe losses for the three months ending June 30 will be $993 million, pre-tax, of which $310 million is from 17 events in June alone. Northbrook, Ill.-based Allstate reported in August,…
KAMLOOPS, B.C. – Hundreds of Canadian Armed Forces members will support the police response to devastating wildfires in British Columbia, bringing some relief to scores of exhausted officers on the ground. About 225 soldiers travelled on Thursday from CFB Edmonton…
PENTICTON, B.C. – Residents of a rural area on the outskirts of Penticton, B.C., on Thursday joined the more than 45,000 people in British Columbia who have fled their homes due to fast-moving fires. The blaze broke out around 9…
VICTORIA – British Columbia’s new government is extending the state of emergency for two more weeks as wildfires sweeping across the province’s Interior show no signs of slowing. Premier John Horgan said his government’s first priority is to support the…
KAMLOOPS, B.C. – A British Columbia official says getting people to safety as fast-Moving wildfires approached was only half the battle _ the other half will be returning them home. Al Richmond, chairman of the Cariboo Regional District in B.C.’s…