Uncategorized
Any fire following the British Columbia earthquake could cost the Canadian industry underwritten
According to a new study published by the institute on Friday, the fire that followed a severe earthquake in the Vancouver area could cause more than $ 10 billion in damage, and the municipality must create alternative sources of water supply to help fight the expected fires caused by the earthquake. Catastrophic Loss Reduction (ICLR).
“Strong vibration in the Vancouver area could lead to hundreds of ignitions, and interruptions in water supply lines would harm firefighters’ ability to suppress these fires, ”ICLR notes in a statement announcing the release of the report, the post-earthquake fire in the Vancouver area. “Even well-prepared fire services, such as those in Vancouver and the region, can be overwhelmed by a large number of fires.”
ICLR’s $ 10 billion estimate of post-earthquake fire damage in the Vancouver, British Columbia area, excludes damage estimates from ground shaking and other sources (tsunami, liquefaction, etc.).
“Talking about earthquakes in general raises only concerns about the damage caused by the vibration,” said Paul Kovacs, executive director of ICLR, in a statement accompanying the release of the report. Other considerations are rarely taken into account, such as the impact of fire. This study indicates that the effect of fire alone could be material for Vancouver and other neighboring communities.
“The good news is that there are many measures that fire departments, owners and managers of high-rise buildings and public facilities can take to reduce risks, and this was illustrated in the study.”
Specifically, the report found that the fires that followed the earthquake losses in the Vancouver area could be significantly reduced by:
Investments in a regional portable water supply system for fire services in the Vancouver area; Provision of emergency water supply for fire fighting for high-rise buildings; And the inclusion of seismic shut-off valves in all gas meters in high-risk areas, among other recommendations.
Previous research in 2013 by AIR Worldwide disaster modeler, commissioned by the Canadian Insurance Office, suggested that an earthquake in British Columbia would cost insured damage of approximately $ 20.4 billion (that figure included only $ 337 million in fire damage following the earthquake). The scenario in the AIR Worldwide study was based on a magnitude 9 earthquake that occurred in the Pacific Ocean approximately 75 kilometers off the west coast of Vancouver Island, about 300 kilometers from downtown Vancouver.
More recently, a study published by ICLR in 2019 estimated that a 6.5-magnitude earthquake with its epicenter in downtown Montreal, and Magnitude 7 events to the northwest and southwest of Montreal, could cause a fire after damage anywhere from $ 10 billion. And $ 30 billion, depending on the fire department. Response, water system damage, weather, and other conditions
The ICLR study on fire in the aftermath of an earthquake in the Vancouver area was prepared by Dr. Charles Schawthorne, an international body involved in managing fire risks in the aftermath of an earthquake. He also authored the 2019 ICLR Study on post-earthquake fire in the Montreal area and the 2001 ICLR study to assess risk due to post-earthquake fires in Lower British Columbia.
Scawthorne has also produced studies assessing fire risk following earthquakes in San Francisco, Los Angeles and Tokyo.
Feature image provided by iStock.ca/ronniechua
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
Picture Credit!
to request, modification Contact us at Here or [email protected]