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Government of Canada Creates Task Force on Flood Insurance and Relocation

The creation of an interdisciplinary Task Force on Flood Insurance and Relocation has been announced by the Government of Canada. “Flooding in Canada has devastating...

Home Insurance Buyers Lack Access to Public Flood Data

Canadian homeowners do not have the information they need to know if they should buy flood insurance, leaving them exposed to significant financial risk. A...

Flood Damage Insurance Expands to SK, NT, and YT

Guelph, Ontario-based insurance and investment co-operative, The Co-operators Group Limited, has announced that Comprehensive Water, which includes overland flood damage coverage, is now available to...

Insurance Industry Dangerously Unprepared for Extreme Weather

As historic flooding caused by climate change devastates communities in New Brunswick and British Columbia, new research from the University of Waterloo reveals the...
storm surge

Storm Surge Insurance Now Available to N.S. & B.C. Residents

Guelph, Ontario-based insurance and investment co-operative, The Co-operators, has announced the addition of storm surge coverage to its Comprehensive Water product. Waves caused by storms...

Atlantic Canada Flooding Prompts Insurance Bureau Statement

Insurance Bureau of Canada (IBC) is encouraging residents affected by flooding in Atlantic Canada to call their insurance representatives immediately if they have damage to report. "We have seen...
quebec flood

Insurance Bureau of Canada Statement on Que. Floods

The Insurance Bureau of Canada has released a statement on flooding and insurance coverage in the province of Quebec. The statement is in response...

Markham: Insurance Board Should Consider City Flood Control

The City of Markham, Ontario, has urged the insurance industry to consider city flood control measures when setting home insurance rates. Over the past three...

Homeowners Unprepared for Flooding, Unaware of Insurance Changes

A report from the CBC has brought to a light a poll conducted on behalf of Public Safety Canada in summer 2016, which found...

Reinsurance Against Flood

The agreement will allow the NFIP to share flood risk with private reinsurance companies to help defray the cost of claims from large and unexpected insured events, such as large hurricanes, ultimately strengthening the NFIP’s solvency and lessening the burden on taxpayers, according to background information from Munich Re.

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