Hurrican Emily upgraded to Category 3

The National Hurricane Center recently upgraded Hurricane Emily to a dangerous Category 3 storm, and Jamaica issued a hurricane watch for the island.The Dominican Republic and Haiti issued a tropical storm warning for much of the island they share. A tropical storm warning is in effect for Bonaire, Curacao and Aruba.Recently, maximum sustained winds were […]

By Canadian Underwriter | July 14, 2005 | Last updated on October 2, 2024
1 min read

The National Hurricane Center recently upgraded Hurricane Emily to a dangerous Category 3 storm, and Jamaica issued a hurricane watch for the island.The Dominican Republic and Haiti issued a tropical storm warning for much of the island they share. A tropical storm warning is in effect for Bonaire, Curacao and Aruba.Recently, maximum sustained winds were measured near 115 mph with higher gusts, and were increasing, the National Hurricane Center says.The second hurricane of the season was expected to produce total rain accumulations of 2 to 4 inches across portions of the Netherlands Antilles and 3 to 6 inches over portions of Hispaniola.Forecasters say the rains could produce life-threatening flash floods and mudslides.

Canadian Underwriter

Beat the clock: Update on the national flood program

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Beat the clock: Update on the national flood program

Editor’s Note: This article has been updated to show remarks incorrectly attributed to IBC’s president and CEO Celyeste Power were actually the remarks of IBC chairman Christian Fournier. CU apologizes for the error.   Provincial politics and the timing of a federal election could possibly delay or derail the proposed national flood insurance program if […]

By David Gambrill | September 25, 2024

4 min read

After Calgary’s record-breaking storm, do homeowners have proper hail coverage?

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After Calgary’s record-breaking storm, do homeowners have proper hail coverage?

This summer’s hailstorm that caused over $2.8 billion in damage across the city of Calgary helps raise the question: do homeowners have sufficient coverage for their risk?  “Most home insurance policies cover damage caused by hailstorms, however the extent of the coverage and what the policy covers can vary,” says Steven Harris, licensed insurance broker […]

By Alyssa DiSabatino | September 24, 2024

2 min read

Will CrowdStrike event trigger a cyber hard market?

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Will CrowdStrike event trigger a cyber hard market?

July’s CrowdStrike flawed software update that affected an estimated 8.5 million Windows devices shouldn’t trigger the next cyber hard market or lead to significant rate increases, a cybersecurity expert said during a recent webinar. “I don’t think this one’s going to accelerate a hard market,” said James Burns, head of cyber strategy at CFC. “It […]

By Jason Contant | September 17, 2024

3 min read