Claims
One in two Quebeckers surveyed erroneously believe their home insurance policy covers them against damage from an overflowing body of water while 65% of respondents did not believe their homes were at risk from sewer backup, earthquake, wind or hail. The Insurance Bureau of Canada recently announced some results of a survey, conducted by SOM […]
By Canadian Underwriter | April 17, 2014
2 min read
Rain, melting snow and ice jams forced waters in parts of Eastern Canada to rise Wednesday, submerging roads, filling basements and prompting hundreds to be evacuated from their homes as officials told people to prepare in case they had to seek higher ground. From Atlantic Canada to Ontario, rivers overflowed and in some cases, water […]
5 min read
SHERBROOKE, Que. – Hundreds of people have been forced from their homes in Sherbrooke, Que., as the Saint-Francois River continues to swell. Officials say the river has now reached 7.3 meters, much higher than its normal level of 1.8 meters. They say that’s prompted a third evacuation of more than 400 people. Officials had initially […]
By Canadian Underwriter | April 16, 2014
Several flood warnings were issued Tuesday in Ontario, with one conservation authority warning that water levels on a lake in the Municipality of Tweed is “approaching historic flood levels” and another warning that the lakes on the Rideau Canal between Kingston and Ottawa are rising by four centimetres per day. The Ontario Ministry of Natural […]
4 min read
WINNIPEG – Manitoba flood officials say the cold spring is increasing the risk of flooding in Winnipeg. The Red River is cresting downstream from the capital, but ice hasn’t melted enough to open the floodway which diverts water around the city. Emergency Measures Minister Steve Ashton says that heightens the risk of ice jams. He […]
By The Canadian Press | April 16, 2014
1 min read
The Insurance Bureau of Canada (IBC) has lent its support to draft legislation tabled by the Ontario government Tuesday meant to combat auto insurance fraud by aiding disclosure and enhancing transparency for consumers requiring towing services. Characterizing the Roadside Assistance Protection Act as long overdue, IBC reports in a statement that the proposed changes will […]
3 min read
TORONTO – Ontario’s Liberal government is promising tough new measures to protect consumers from being ripped off by unscrupulous tow truck drivers and storage companies. Consumer Services Minister Tracy Charles says she’s heard too many stories about tow truck drivers using “dubious tactics” such as demanding hundreds of dollars in cash at an accident scene […]
By The Canadian Press | April 15, 2014
FREDERICTON – New Brunswickers living near the province’s rivers are on alert as water levels continue to rise. Warm temperatures and heavy rain in the forecast for today and Wednesday have done little to abate flood worries. Of particular concern is the Nashwaak River, which officials expect to reach flood stage today. River Watch spokesman […]
Quinte Conservation warned Monday that water levels in some communities on the Moira River in eastern Ontario will continue to rise. “Water levels in the hardest hit areas of Foxboro and Corbyville in the City of Belleville and the vicinity of Stoco Lake in the Municipality of Tweed are expected to rise slightly and stay […]
By Canadian Underwriter | April 15, 2014
OTTAWA – As a return on investment, Duff’s Ditch has been a spectacular success. Manitoba’s Red River Floodway, built by premier Duff Roblin for just under $63 million in the mid-1960s with the federal government covering 60 per cent of the cost, has spared the city of Winnipeg an estimated $30 billion in flood damages […]
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