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Peatlands protect against wildfire and flooding, but they’re still under attack in Canada

October 13, 2021 The Canadian Press

By Edward Struzik, Fellow, Queen’s Institute for Energy and Environmental Policy, School of Policy Studies, Queen’s University, Ontario. This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure

The small town of Okotoks was hit hard by the June floods of 2013, with the river valley rushing and raging through wiping out pedestrian bridges, campgrounds, river banks and pathways.
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How to help clients mitigate water damage risk

August 17, 2021 Canadian Underwriter Staff

With water damage claims due to infrastructure failures costing the industry much more per year than natural catastrophes, brokers need to be more proactive in helping clients understand coverages and risk mitigation strategies. Infrastructure and plumbing related water damage is

The small town of Okotoks was hit hard by the June floods of 2013, with the river valley rushing and raging through wiping out pedestrian bridges, campgrounds, river banks and pathways.
News ClaimsClaims CanadaInsuranceMarkets / CoveragesRisk

Why your clients may not have the high ground on overland flood risk

July 19, 2021 by Greg Meckbach

Many homeowners opt not to buy overland flood coverage and this could leave them uninsured in the event of a severe rain storm. “Overland flooding is any water that comes into your house through the windows or door or anything

2013 flooding in Calgary
News Insurance

Reservoir to protect Calgary from floods gets approval

June 24, 2021 The Canadian Press

EDMONTON – The Natural Resources Conservation Board has approved a controversial reservoir that could protect Calgary from future flooding, ruling that it’s in the public interest. Alberta Transportation proposed the $432-million off-stream reservoir near the rural community of Springbank, Alta.,

Yukon River at Carmacks
News Insurance

100-year flood level on Yukon River prompts warning to village of Carmacks

June 23, 2021 The Canadian Press

WHITEHORSE – The water level on the Yukon River at the village of Carmacks keeps rising, prompting a flood warning from the territory. A statement from the territory says the river is at a level only seen once every 100

The small town of Okotoks was hit hard by the June floods of 2013, with the river valley rushing and raging through wiping out pedestrian bridges, campgrounds, river banks and pathways.
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Progress report: Canada-wide flood mapping is well underway

June 16, 2021 by Greg Meckbach

A nationwide estimate of coastal, pluvial, and fluvial flood hazard is one part of the ongoing effort to come up with a national approach to insuring or re-locating homes at high risk of flood, a federal government official suggests. Flood

News CatastrophesClaimsClaims CanadaClimate Change

Where Canada sits with national low-cost residential flood insurance 

June 10, 2021 by Greg Meckbach

Six possible flood insurance models for homes at high risk of flood are about to go through an actuarial review, a federal government official suggests. The Task Force on Flood Insurance and Relocation is going to hand off those possible

News Insurance

Downpours in southeast B.C. raise flood concerns

May 25, 2021 The Canadian Press

FAIRMONT HOT SPRINGS, B.C. – An evacuation alert has been issued for more than 200 homes and businesses in southeastern British Columbia as a weekend downpour and the likelihood of more rain raise the potential for flooding in the Fairmont

News BrokersCatastrophesClaimsClaims CanadaInsuranceLegislation / Regulation

Why IBAC foresees a national flood insurance program

April 28, 2021 by Greg Meckbach

The recently-released federal budget gives brokers reason to be optimistic that Canada will eventually have a national flood insurance program for homeowners, the head of the Insurance Brokers Association of Canada suggests. “The commitment from the federal government is clear

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Insurers seek federal grants for homeowners to improve basement flood protection

April 21, 2021 by Greg Meckbach

The industry is pushing to make federal grants available for Canadian homeowners to reduce basement flood risk. In the fall of 2020, the federal government announced its Greener Homes initiative. When the program rolls out, the plan is to provide

News ClaimsClaims CanadaInsuranceLegalRestoration

Client dogged by $1,277 uninsured water damage remediation bill

April 14, 2021 by Greg Meckbach

A British Columbia client who runs a dog kennel business out of her home is liable for some water damage remediation costs that her insurer did not cover because they relate to business and not personal use of the property.

News Insurance

Review hears closing arguments into proposed reservoir to protect Calgary from floods

April 7, 2021 Colette Derworiz - THE CANADIAN PRESS

EDMONTON – A lawyer for Alberta Transportation says there’s a serious and urgent need for a proposed reservoir that could protect Calgary from future flooding. Ron Kruhlak made the comment during his closing argument Tuesday before the Natural Resources Conservation