Announcement comes after officials visited the region to assess damage
A new study commissioned by The Co-operators reveals which Canadian cities are prepared for a flood and which remain highly vulnerable to damages.
An investigation into insurance fraud has resulted in the arrest of 31 people in Florida.
The probabilistic forecasting model will provide research-based insights for insurers and reinsurers to aid in underwriting and overseeing exposures.
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According to senior industry leaders, this challenge presents the biggest hurdle for global reinsurance companies in 2015.
Experts forecast a 'wetter, warmer and stormier' climate for Atlantic coastal regions such as New Brunswick.
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The province is facing unparalleled costs for home insurance coverage.
The National Disaster Mitigation Program is committed to risk mitigation, particularly in flood recovery.
California’s coast is at increasing risk of flooding from rising sea levels which could see $10 billion of property destroyed.