News Climate ChangeInsuranceRisk

New twist on underwriting flood risk: human-altered stream flows

March 11, 2022 by Alyssa DiSabatino

Human-altered stream flows, such as dams, canals or areas of heavy urbanization, are at a greater risk of flooding, new research finds. And this could potentially impact flood risk ratings, P&C industry experts say.  A study by researchers at the…

News Catastrophes

Protecting homes against flood: What to tell your clients

February 22, 2022 by Alyssa DiSabatino

Catastrophic flooding in communities has resulted in an average 8.2% reduction in the selling price of houses — and material implications on insurance, according to a new report by Intact Centre on Climate Adaptation and the University of Waterloo.   …

News Insurance

Why some homeowners aren’t buying flood insurance

March 1, 2019 by Greg Meckbach

Overland flood insurance might be easier to sell if homeowners could figure out how vulnerable their properties are. “What would be most useful for homeowners is they would be able to search their postal code or property address and be…