Derecho Storm Ranks as Canada’s 6th Largest Insured Loss on Record June 16, 2022 The storm that swept through southern Ontario and parts of Quebec on Saturday, May 21, caused over C$875 million (US$676.3...
Western Canada Braces for Another Deluge From ‘Atmospheric River’ December 1, 2021 By Marcy Nicholson British Columbia, home to Canada’s biggest port, is bracing for its most intense deluge after a series of damaging rain...
Flood-Stricken British Columbia Weighs Cost of Climate-Proofing Infrastructure November 24, 2021 By Nia Williams CALGARY, Alberta – Flood-stricken British Columbia is considering major upgrades to its highway network to make it more resilient to...
Southern Ontario Storms in September Cause Insured Damages of C$105M October 26, 2021 Storms that hit southern Ontario on Sept. 7 and Sept. 22 caused C$105 million (US$84.9 million) in insured damage, according...
Insured Price Tag for Canada’s Summer Storms and Wildfires Nears C$200M September 24, 2021 Two storms that raged across Alberta and Saskatchewan in Canada in July and August caused C$120 million (US$94.5 million) in...
Canadian Municipalities Face Surging Liability Insurance Costs July 13, 2021 By Nichola Saminather TORONTO – Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance...
March Storm in Eastern Canada Cost Insurers C$50 Million May 19, 2021 A storm that moved across eastern Canada from March 26-29 brought heavy rain and strong winds, causing C$50 million (US$41.5...
Insurers Warn Canada’s Moving Too Slowly on Flood Mapping May 6, 2021 By Steve Scherer OTTAWA – Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry,...
Canada’s Insurers to Cut Auto Premiums as Drivers Stay Home During COVID-19 Crisis April 9, 2020 Insurance Bureau of Canada (IBC), an industry association for Canada’s home, auto and business insurers, on Wednesday said its members...
Hurricane Dorian Caused More Than C$105M in Insured Damage to Atlantic Canada October 7, 2019 Hurricane Dorian hit Atlantic Canada on Sept. 7 causing more than C$105 million (US$78.9 million) in insured damage, said Insurance...