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March Storm in Eastern Canada Cost Insurers C$50 Million

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 ...
Craig Stewart Quantification Inc Insurance Bureau Of Canada Task Force On High Catastrophe Indices Federal Affairs

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