Hazard Perceptions and Urban Flooding
March 1, 2007 Dan Sandink, Research Coordinator, Institute for Catastrophic Loss ReductionPublic education can help snap flooding victims out of fatalistic attitudes
Managing Your Costs by Differentiating Your Risks
March 1, 2007 Perry R. Brazeau, Senior Vice President, Manager, Canada Division, FM GlobalA key to successful risk management is to differentiate the quality of your risk from that of peers
The Ides of Winter
February 1, 2007 Vanessa MarigaA ‘blitzkrieg’ of unrelenting storms in B.C. leads to more than 9,000 claims and about Cdn$130 million in damages
Kernaghan doubles Vancouver Island staff to cope with storms
January 25, 2007 by Canadian UnderwriterKernaghan Adjusters has been forced to double its staff on Vancouver Island in order to keep pace with the claims generated by the recent string of storms that battered the region.Since the first of November, Kernaghan has doubled its staff…
Holding the Key to Climate Change
December 1, 2006 David GambrillSound underwriting has the edge on computer models when it comes to providing sensible insurance coverage for natural catastrophes
Lousiana judge says flooding not excluded from policies
November 29, 2006 by Canadian UnderwriterInsurers are responsible for paying out flood claims filed as a result of Hurricane Katrina, a Federal Court Judge in New Orleans has ruled.Justice Stanwood R. Duval, Jr. overturned an initial court ruling that insurers are exempt from flood claims…
Vancouver storm damage estimated at Cdn$30 million
November 24, 2006 by Canadian UnderwriterInsurance claims are pushing Cdn$30 million after a storm that caused a boil-water advisory in the Vancouver area, according to IBC regional officials quoted in the Victoria Times-Colonist.Lindsay Olson, B.C.-Yukon vice-president of IBC, said insurance claims for storm damage had…
Vancouver residents receive boil-water advisory
November 17, 2006 by Canadian UnderwriterResidents of Vancouver, North Shore and Burnaby, B.C., are under a boil-water advisory because recent rainstorms have muddied the Lower Mainland’s water distribution system.“At the recommendation of the Medical Health Officers, the boil water advisory is lifted for all areas…
Beyond Exposure Modeling
November 1, 2006 Guru N. Rao, Vice President, Managing Director, Aon Re ServicesCatastrophe models are helpful, but they should be supplemented with a systematic, continuous and comprehensive approach to catastrophe risk management
Protection Through Research
November 1, 2006 Glenn McGillivray, Managing Director, Institute for Catastrophic Loss ReductionWhat the Canadian insurance industry is doing about climate change
Climate change requires insurer attention
October 11, 2006 by Canadian UnderwriterA report recently released by Allianz Group and the World Wildlife Fund reveals that insurers need to increase their efforts in dealing with damages resulting from climate change.Insurers are called to the table by the report, entitled “Climate Change and…
What’s New: In brief (October 11, 2006)
October 11, 2006 by Canadian UnderwriterDefective door latches are at fault for the recall of approximately 145,000 Ford Motor vehicles, including 13,683 in Canada. The Company plans to repair the defective parts which are found on vehicles including the 2005 Five Hundred, 2005 Mercury Montego…