Thanks for the information. I'm still curious if the JB weld might be the putty to make the repair.
As to why it happened? That's the million dollar question. I wonder if the break didn't happen some time ago and moisture had seeped into the foam. This winter we had a couple of heinously cold spells dipping well into the minus 20C's. I have to wonder if the expansion of the interior moisture didn't just fracture the foam into pieces. I just can't imagine anything else happening. If there was residual water in the pipe after having drained the system for the winter, I have a hard time imagining the pipe would "expand" enough to force the insulation to fracture away.
I doubt we'll ever get the answer. I does however make me wonder if i have other cracks in the system.