Bureau Archives - Event Decor Supply

Posted on 17 June 2022 by admin

May 21 storm sixth costliest weather event in Canadian history, Insurance Bureau of Canada says

The storm that toppled trees and hydro poles in Ottawa caused more than $875 million in insured damage as it swept from southern Ontario into Quebec May 21, according to initial estimates.

Damage is estimated at over $720 million in Ontario and $155 million in Quebec according to Catastrophe Indices and Quantification Inc., the Insurance Bureau of Canada (IBC) said in a release.

The bureau pointed to the widespread destruction, deaths — at least five in the Ottawa area and ten across Ontario — and widespread power outages.

“The derecho event ranks as the sixth largest in terms of insured losses in Canadian history and is a sobering reminder of the increasing risk climate change poses to communities across Canada,” IBC said in the release.

“IBC continues to advocate for a National Adaptation Strategy that will result in tangible short-term measures that improve Canada’s climate defence. Governments at all levels must act with urgency to prioritize investments that reduce the impact of these severe weather events on families and communities.”

Eight of the costliest disaster in Canadian history have happened since 2011.

Top 10 natural disasters in Canada by insurance payouts (2021 dollars)

Fort McMurray wildfires, 2016, $4 billion
Eastern ice storm, 1998, $2.3 billion
Southern Alberta floods, 2013, $1.8 billion
Alberta hailstorm, 2020, $1.2 billion
Toronto flood, 2013, $1 billion
Ontario-Quebec windstorm, 2022, $875 million
Toronto flood, 2005, $780 million
Ontario windstorm, 2018, $695 million
British Columbia flood, 2021, $675 million
Slave Lake fire, 2011, $600 million

Wind damage is usually covered by home, commercial property and auto insurance policies, IBC said.

The bureau was on the ground in Ottawa after the storm and said residents with insurance questions can reach them at 1-844-227-5422) or ConsumerCentre@ibc.ca and find more information about wind damage online.

Posted on 16 June 2022 by admin

B.C. floods were most costly weather event in provincial history: insurance bureau | CBC News

November’s floods in British Columbia that swamped homes and farms, swept away roads and bridges and killed five people are now the most costly weather event in provincial history.

The Insurance Bureau of Canada made the statement as it released the latest cost estimate of $675 million, and that’s only for damage that was insured.

The previous estimate was $515 million in losses, but the bureau says in a statement that much of the increase is due to business claims in places where commercial insurance is more available.

In contrast, it says many residents were located in high-risk flood areas where insurance coverage isn’t available, which could cost all levels of government “well into the billions of dollars.”

So-called atmospheric rivers flowed over southwestern B.C. for days in November, bringing record rainfall and quickly swelling waterways.

Mudslides swept people away in their cars, rivers carved new routes and washed out highways and bridges, cutting off major highways into the Interior, which stopped the supply chain from the coast to the rest of the country.

“While the insured losses from the November flood events are increasing, it is clear that the overwhelming majority of costs for this disaster will be borne by government,” said Aaron Sutherland, a vice-president with the Insurance Bureau of Canada.

The bureau is a member of the federal, provincial and territorial task force on flood insurance and says it has put forward options to create a residential flood insurance program that includes a public-private partnership model.

It says that idea would help make affordable insurance available to residents in high-risk areas.

Posted on 29 April 2022 by admin

Amarillo Convention and Visitors Bureau plans events for summer

AMARILLO, Texas (KFDA) – The Amarillo Convention and Visitors Bureau is planning many upcoming events for this summer.

Route 66 is a popular attraction along with museum’s and other events that will bring tourism dollars to the city.

The C.V.B. has over two dozens events planned from April through August.

“The Amarillo Convention and Visitors Bureau was excited to bring the local media out to the Texas Route 66 Visitor Center to kick off the season we talked about many exciting events that are coming up to celebrate that throughout the week we have a couple of upcoming events tomorrow is museum day on Saturday you can go to seven different museums and get free entry to any of the museums,” said Hope Stokes, marketing director for Amarillo C.V.B.