Keyword
wind storm
Hurricane force gusts expected to hit N.L., as windy storm sweeps East Coast
March 15, 2022 Michael Tutton - THE CANADIAN PRESSHALIFAX – Powerful and potentially damaging winds and heavy precipitation are forecast to hit the East Coast over the weekend, with hurricane-force gusts expected in Newfoundland and Labrador. Environment Canada is calling for an extended period of strong gusts beginning…
Cat counter starts the year at $134 million for winter storms
February 19, 2021 by David GambrillFor the Canadian P&C insurance industry, Cat activity roared in like a lion in January, but has looked more like a kitten since then. Two winter storms in Western Canada caused more than $134 million in insured damage, based on…
Ontario, Quebec wind storm to test industry capacity: Crawford
May 8, 2018 by Jason ContantThe wind storm that struck Ontario and Quebec on May 4 and 5 will significantly test the capacity of insurers, independent adjusters, call centres and restoration contractors, Crawford and Company (Canada) Inc. told Canadian Underwriter Monday. Generally speaking, wind claims…
Chief in Bella Bella, B.C. demands action on wildfire near coastal community
February 6, 2017 The Canadian PressBELLA BELLA, B.C. – The chief of a village near British Columbia’s Great Bear Rainforest says members of the First Nations community fought a wildfire on their own this weekend after they were unable to get help from provincial government…
First autumn wind storm over southern B.C. cuts power to thousands of customers
October 7, 2016 The Canadian PressVANCOUVER – BC Hydro crews across Vancouver Island and British Columbia’ south coast are working hard to restore power to thousands of customers following the region’s first autumn wind storm. Gusts of nearly 90 kilometres per hour were recorded during…
RMS estimates potential 1-in-500 year catastrophe loss at 10 sea ports
August 8, 2016 by Canadian UnderwriterSix of the ten ports with the highest potential insured loss from natural catastrophes are on the United States gulf coast, Risk Management Solutions (RMS) Inc. said in a release Monday. Newark, Calif.-based RMS ranked the top 10 ports in…
“Entire new sponsors” will enter insurance linked securities market: Swiss Re
August 5, 2016 by Canadian UnderwriterThe total value of outstanding insurance-linked securities issuance dropped from $24 billion to $22.3 billion between Jan. 1 and June 30, Swiss Re Capital Markets Corp. said in a report released Thursday, observing that issuance “came to a screeching halt”…
Thousands without power in Quebec after brief wind storm
July 19, 2016 The Canadian PressAlmost 13,000 Hydro Quebec customers were without electricity late Monday following a brief but powerful wind storm earlier in the day. The community of Roxton Falls east of Montreal appeared to bear the brunt of the storm, with trees and…