Claims
Private insurance companies in the United States are “clamouring” to write flood risk for properties while the nation’s National Flood Insurance Program encourages development in floodprone areas and needs to be “significantly reformed,” speakers recently told a committee of the U.S. House of Representatives. NFIP “was created in 1968 to reduce ad-hoc disaster payments and […]
By Canadian Underwriter | June 12, 2017
3 min read
MONTREAL – Even as swollen rivers have receded in Quebec, some experts suggest historic flooding this year could mean critter and pest-related woes in months and years to come. For now, heavy water accumulation has created standing pools of water which could translate into fertile ground for mosquito populations this year. “I do expect several […]
By Jason Contant | June 12, 2017
The Town of Churchill in Manitoba is reporting the “temporary loss of its rail line” into the community from recent flooding. According to a statement from the town released earlier this week, “unprecedented” snowfall in March that resulted in over 100 centimetres of snow and “unparalleled” high water flows along the Churchill River led to […]
By Canadian Underwriter | June 9, 2017
2 min read
VANCOUVER – Flood watches have been issued for several major waterways after torrential downpours hit parts of southern and central British Columbia. The River Forecast Centre says rivers throughout the Columbia and East Kootenay regions, including tributaries around Golden, Revelstoke and the Columbia Valley, are rising. The centre says rivers and streams are expected to […]
By The Canadian Press | June 9, 2017
1 min read
Staff from the City of Edmonton are scheduled to look at flood mitigation options for the city as the next step in its examination of upgrades to drainage infrastructure. The city said in a press release earlier this week that city staff will outline flood mitigation options contained in two reports at a Utility Committee […]
EDMONTON – A report into the Fort McMurray wildfire cites critical communications breakdowns as the fire swept into the municipality and forced thousands to flee. Independent consultants that produced the report for the province noted that in the early days of the fire in May 2016, the two crews battling the blazes were operating through […]
By Jason Contant | June 9, 2017
RMS’s latest North America earthquake models – covering the United States, Canada, and Mexico – are designed to help company clients manage their risk accumulations with more confidence and help with underwriting a better book of business. Version 17.0 benefits from an immense volume of new scientific research and data meant to provide a truly […]
OTTAWA – Canada will add hundreds of new elite special forces commandos, wage offensive cyberwarfare attacks and deploy armed drones to international battlefields as part of its military response to new global security threats. The hotly anticipated new defence policy review released Wednesday identified a wide range of harrowing and borderless threats, including the “grey […]
By Jason Contant | June 8, 2017
British Columbia’s River Forecast Centre (RFC) has issued a “high streamflow advisory” for the province’s South Peace region and surrounding areas. Issued at noon on Thursday, the advisory includes South Peace region and surrounding areas, including Pine Pass and tributaries around Tumbler Ridge, Chetwynd and MacKenzie, as well as the Skeena River and tributaries, including […]
By Canadian Underwriter | June 8, 2017
XL Catlin announced on Thursday that it has launched its new Contractors Pollution Liability Express Program in Canada and the United States to provide consumers with “speed to market and a streamlined environmental insurance underwriting approach” for small to midsize construction firms. Cathy Cleary, XL Catlin’s executive environmental underwriter, said in a press release that […]
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