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June 9, 2022
As Vancouver deals with another atmospheric river this week, a survey has found many people are worried, yet unprepared for extreme weather.
May 27, 2022
A derecho that traveled 621 miles across southern Canada, hitting major metro areas, could be one of the costliest insured severe convective storm events on record for Canada’s insurance industry, Aon PLC said Friday in its latest catastrophe report.
January 14, 2022
Canada's total insured catastrophe losses were C$2.04 billion (US$1.63 billion) to date, landing the year in the top five loss years for the country,
January 11, 2022
Western Canada bore the brunt of 2021’ s wrath, as fires, windstorms, and record-smashing flooding lashed British Columbia and the Prairies.“ Climate-related catastrophes in Canada are increasing in frequency and severity and impacting our communities like never before,” said Lisa Guglietti, EVP and Chief Operating Officer, P&C Manufacturing at The...
December 11, 2021
Insurance Bureau of Canada estimates $450 million in insured damage from recent flooding
December 11, 2021
Insurance Bureau of Canada estimates $450 million in insured damage from recent flooding
December 10, 2021
The devastating flooding that hit BC in November will likely be known as the most costly disaster in the province's history.
October 28, 2021
The Insurance Bureau of Canada says new estimates indicate the tornadoes that hit Barrie, Ont. and surrounding communities in July caused $100 million in insurable damage — up $25 million from previous estimates.
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 to the Insurance Bureau of
May 19, 2021
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 million) in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). Damage reports spanned the region – from flooded basements in southern Ontario to roofs torn off homes in western Newfoundland and Labrador. Insured ...