Whether you’re a seasoned veteran or brand new broker, helping clients through a catastrophe can be a rattling experience. Here’s how to get ready for it
The evacuation order may soon be lifted from Fort McMurray, following a month of fire-related destruction. Will catastrophic costs for insurers be revealed?
As the wildfire known as “the beast” reaches the oil sands projects north of Fort McMurray, reinsurers must prepare for onslaught of business interruption costs
Institute for Catastrophic Loss Reduction encourages owners to 'build back better' in wake of Fort McMurray fire to minimise future claims
It has been three weeks since the Fort McMurray evacuations, but the highway remains littered with abandoned vehicles. Carriers are among the front lines to reunite policyholders with their cars
Natural disaster losses have been climbing on an exponential curve since 2009, so expect more in the future
Many of Alberta’s oil sands projects were forced to shutter while wildfires plagued the region. Now, it’s estimated $760 million in losses may arise from lost productivity – but are insurers on the hook?
The costs from the Fort McMurray forest fires are still undetermined, but one thing is for certain – reinsurers are facing a steadily mounting bill
Fort McMurray remains on emergency lockdown, but insurers are attempting to tally the cost following the week-long forest fire. Economical Insurance reports a potential $45-million loss
Carriers have rushed to help those affected by the Alberta fires with one major carrier making a cash donation and deploying specialist staff to help those affected
More than $60 million has been raised by the Canadian Red Cross for Fort McMurray wildfire relief. Insurance industry features prominently among those donating money and resources to the cause