Wednesday, July 17, 2019

Tag: insurance

IBC Releases Report on Managing Flood Costs of High Risk Properties

The Insurance Bureau of Canada (IBC) has released a paper that provides Options for Managing the Flood Costs of Canada’s Highest Risk Residential Properties. In...

Winter Storm Causes Over $124 Million in Insured Damage Across Eastern...

The winter storm that hit Ontario, Quebec, New Brunswick, and Nova Scotia in March 2019 caused over $124 million in insured damage, according to...

Communities Come Together to Tackle Urban Flooding

It doesn’t take much convincing to believe that flooding is a big problem in Canadian communities. The insurance industry has been sounding the alarm...

August Flood in Toronto Costs $80M in Insured Damage

On August 8th, a thunderstorm produced 72 millimeters of rain over Toronto, with 51 millimeters falling in just one hour. The Insurance Bureau of...

Toronto Partners with IBC and Intact Centre for Flood Resilience Program

Insurance Bureau of Canada (IBC) has joined the Intact Centre on Climate Adaptation at the University of Waterloo and the City of Toronto to launch a pilot Toronto...

Hurricanes: Stronger, Slower, Wetter in the Future?

Scientists have developed a detailed analysis of how 22 recent hurricanes would be different if they formed under the conditions predicted for the late...

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...

New Online Tool to Build Consumer Knowledge of Flood Coverage

Following on last week’s announcement from the Insurance Bureau of Canada (IBC) regarding Atlantic Canada flooding, the IBC has released an online tool to...

Minto, Ont. Receives Report, Recommendations After June Flooding

The Town of Minto, Ontario, population 8,300, experienced a significant rainfall event during the early morning hours of June 23, 2017. The rainfall resulted...

Report: More Enforcement Needed to Lower Residential Flood Risk

The Institute for Catastrophic Loss Reduction reports that better coordination and enforcement of municipal efforts to curb private lot flood risk is needed. The...

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