Page 12 - Quantification Inc News Today

Summer storms across Western Canada this summer, particularly in Alberta, resulted in hundreds of millions of dollars in insured damage. 

Two tornadoes that struck Alberta last month have been declared catastrophes, the Insurance Bureau of Canada (IBC) has announced.

A pair of tornadoes that flattened trees and caused significant damage to a number of properties in southern Alberta are expected to exceed $60 million in insured losses.

Damage is estimated at over $720 million in Ontario and $155 million in Quebec.

The insured cost of the November 2021 floods is nearly a third higher than previously thought, according to new numbers from the Insurance Bureau of Canada.

The storm that swept through southern Ontario and parts of Quebec on Saturday, May 21, caused over C$875 million (US$676.3 million) in insured damages,

According to brand new estimates from Catastrophe Indices and Quantification Inc., The major floods in souther...

The Insurance Bureau of Canada (IBC) says the derecho storm that blew across southern and eastern Ontario and parts of Quebec is the sixth largest insured loss event in Canadian history.

The insured cost of the November 2021 floods is nearly a third higher than previously thought, according to new numbers from the Insurance Bureau of Canada.

The Insurance Bureau of Canada (IBC) says the derecho storm that blew across southern and eastern Ontario and parts of Quebec is the sixth largest insured loss event in Canadian history.