KAMLOOPS, B.C. – An out-of-control wildfire is burning through the Cherry Creek area west of Kamloops, B.C. The BC Wildfire Service says the 15-hectare fire has damaged one outbuilding and partially effected a residence in the area. Spokeswoman Justine Hunse…
PENTICTON, B.C. – Fire crews appear to have the upper hand on a wildfire that roared to life Tuesday in the south Okanagan community of Kaleden, B.C. BC Wildfire Service spokeswoman Justine Hunse says the fire that has scorched 6.5…
SALT LAKE CITY – Utah firefighters braced Wednesday for more high winds as they try to slow a stubborn wildfire that has burned 13 homes and forced the evacuation of 1,500 people from a ski resort town. Firefighters hope to…
A spike in major claims resulting in record losses from catastrophic disasters across Canada over the last few years has created significant challenges for insurance carriers in 2017, a situation that has had an impact on customer satisfaction with the…
VERNON, B.C. – The BC Wildfire Service is responding to two separate blazes that broke out on Tuesday, including one that has prompted an evacuation alert. A fire in the north Okanagan, northwest of Lumby, was fanned by high winds…
The insurance industry should start thinking about what “could have been” if the Fort McMurray wildfire had been an even larger loss, the chair of Institute for Catastrophic Loss Reduction (ICLR) said on Friday at the institute’s annual general meeting.…
FireSmart Canada, in partnership with The Co-operators, has developed a new resource to help Canadian residents make their homes more resilient to wildfire. The FireSmart Home Development Guide, which will become part of the FireSmart Home Partners Program, outlines specific…
Insurers have no “meaningful way of modelling wildfire” losses, a senior executive for Swiss Re Ltd. recently suggested to industry professionals. “If you look at it globally speaking, usually about half of the total insured losses globally are unmodelled perils,”…
CALGARY _ A long-delayed building boom in Fort McMurray is ramping up as homeowners, insurers, contractors, and officials in the Alberta city clear hurdles that hindered reconstruction after the devastating wildfire last May. While many residents and businesses had hoped…
When talk turns to the possibility of a major earthquake in Canada, Don Forgeron, president and CEO of Insurance Bureau of Canada (IBC), advises that the response should be to prepare, not to panic. “No one should spend their day…
New wildfire protection regulations have taken effect in Alberta. The enhancements to the Forest and Prairie Protection Act regulations took effect on March 31, Alberta Agriculture and Forestry noted in a press release issued last week. The enhancements include: new…
Catastrophes, both natural and man-made, continue to capture the attention of
everyone involved in Canada’s property and casualty industry. By gathering the most up-to-date and relevant information, the thought is that stakeholders will better be able to herd straggler facts into a more manageable and usable form.