Insurance processes should change to reflect climate disasters: N.B. premier



In the wake of post-tropical storm Fiona, New Brunswick Premier Blaine Higgs says insurance policies may need to be updated to better reflect climate events. ‘I would be willing to go that route with insurance companies and push that they need to be part of the bigger picture,’ he said.

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Dee

Yes it should…

W M

Insurance processes, whether it's for health, business interruption/continuity, life, travel, etc should change, full stop. When someone is forced to take out insurance and pays into it, it is with the understanding that it will provide a buffer and some relief in the unfortunate event of illness, accident, force majeure etc. Instead, the system further traumatizes individuals when they are at their most vulnerable.

Gerard Raiche

High want money premiere want your money's for irwing

Adam Rogers

Well your Province changes how buildings, homes and structures are built and ensuring that coastal construction no longer is allowed then the insurance programs can change.

Claw Odd guy

why are canadians paying 5 bucks for gas more than americans when canadians do not have an energy crisis bi

TheTechnoPilot

This idea of if there is “pressure” that can be added…should simple be legislated that insurance companies must. I’m tired of kid gloves with massive corporations when we try to get them to do the absolute basic right things.

Kate LeBlanc

Having lived in an established home by a river that had begun to be flooded almost every 2 years, it was eventually designated as a flood zone by the government of Quebec and that then meant, as far as they were concerned, I was on my own in future floods. Because of that designation I was unable to acquire flood insurance that wasn't extortion from insurance companies, and it also affected the resale value by banks setting a cap on allowable mortgage amounts due to its "designation". So be careful how much you want your "government" to regulate disaster response funding.

Michael Adu Sarfo

For sure