Canadian Underwriter

Keyword
wind damage

insPRESS AnnouncementsInsurance

Catastrophe Response Unit launches CRU VUE Program

May 28, 2018 by CRU Adjusters

TORONTO, May 28, 2018 /insPRESS/ – Catastrophe Response Unit – CRU Adjusters (a division of the CRU GROUP) is excited to announce the rollout of their newest program to assist in exterior and roof damage evaluation. Originally planned for a 3rd

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8.5 million properties in Florida at significant risk of potential wind damage from Hurricane Irma: CoreLogic

September 8, 2017 by Canadian Underwriter

Nearly 8.5 million residential and commercial properties in Florida are at either “extreme,” “very high” or “high” risk of wind damage from Hurricane Irma, new data from CoreLogic shows. According to data analysis from the global property information, analytics and

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CoreLogic estimates insured flood loss for homes affected by Hurricane Harvey at US$6.5 billion to US$9.5 billion

September 1, 2017 by Canadian Underwriter

Insured flood loss for homes in Texas and Louisiana affected by Hurricane Harvey is estimated to be between US$6.5 billion and US$9.5 billion, according to preliminary loss estimates from CoreLogic. Irvine, Calif.-based CoreLogic, a global property information, analytics and data-enabled

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Impact of Fort McMurray wildfire softened by reinsurance risk sharing: DBRS

April 26, 2017 by Canadian Underwriter

Most Canadian insurers were able to generate positive underwriting results in Alberta through their use of reinsurance risk sharing following the Fort McMurray wildfire, credit ratings agency DBRS Limited said in a commentary released on Wednesday. The commentary, titled 2016

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U.S. insurers to pay about US$7 billion for storm surge, inland flooding and wind damages from Hurricane Matthew: Karen Clark & Company

October 12, 2016 by Canadian Underwriter

Boston-based catastrophe risk management firm Karen Clark & Company (KCC) has estimated insurers will pay about US$7 billion for damages in the United States as a result of Hurricane Matthew. The estimate is based on high resolution storm surge, inland

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Insured residential, commercial property losses from Hurricane Matthew estimated to be US$4 billion to US$6 billion: CoreLogic

October 11, 2016 by Canadian Underwriter

Insured property losses for both residential and commercial properties from Hurricane Matthew are estimated to be between US$4 billion and US$6 billion from wind and storm surge damage, according to CoreLogic, Inc. Of this estimated loss, 90% of the insurance