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Basement flooding and backwater valves: Are insurers giving bad advice?

As a centre of excellence for basement flood risk reduction, ICLR never advises that just a backwater valve will reduce the risk (indeed, we have 20 tips to reduce basement flooding). Yet Canadian...

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First person: The August 4 Burlington storm

It was raining in Oakville, but it was nothing worth writing home about, just a normal run-of-the-mill summer storm. But as soon as I crossed the boundary into Burlington, that changed. I was quite...

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Everyone talks about the weatherman…

Once again a big storm was forecast, once again, it failed to materialize (at least for many New Yorkers and New Jerseyans) and once again meteorologists are being criticized for dropping the ball....

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Building more resilient new homes

Of the 100+ homes damaged in the June 17, 2014 tornado in Angus, Ontario, all were under five years of age and many were under three years. The National Building Code and the building codes of each...

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Would reducing earthquake premiums lead to greater market penetration?

A couple of posts ago (Why ‘just-in-time’ insurance would be a non-starter) I answered a question that I get asked at least a few times a year: ‘Why not allow consumers to purchase insurance just...

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A new age of supply chain disruption

Along with claiming a reported 49 lives (at time of posting), injuring thousands and causing between $1.7- and $2.9 billion in insured damage (according to AIR), the April 14 (UTC) 6.4Mw and April 15...

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How Insurance (and Insureds) Can Weather the Storms

“Conversation about the weather is the last refuge of the unimaginative.” – Oscar Wilde Clearly, Mr. Wilde – expert as he was at crafting witticisms – never spent any time in an insurance office. Our...

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Putting Fort Mac back better

A small city that wasn’t designed to burn was put up in the middle of the Boreal forest that was designed to burn. Are we simply going to put Fort McMurray back the way it was? Fortunately for insureds...

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Are personal property insurers asking all the right questions?

Reverse slope driveways (top), below-grade walkouts (bottom left) and exterior basement stairs often lead to losses during heavy rainfall events that otherwise may not happen. When an insurance...

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Continued help by insurers in Fort McMurray Alberta

Insurance Bureau of Canada attempted to respond to a recent piece on the Fort McMurray Alberta rebuild following the fire in 2016. The magazine has not printed the response. The following is IBC’s...

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