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It’s on par with a windstorm that lashed parts of Ontario in 2018, but well below the toll of the Fort McMurray wildfire, which tops the list at $4.3 billion
Victoria, British Columbia – According to a recent report made by the Insurance Bureau of Canada, this summer’s wildfires in the Okanagan and Shuswap areas
The B.C. summer wildfires are the costliest insured event recorded in the province, and the tenth costliest insured event in Canada’s history.
Devastating wildfires in the Okanagan and Shuswap areas resulted in $720 million in insured losses, according to estimates from Catastrophe Indices and Quantification Inc.
Edmonton, Alberta – According to a new report from consulting firm MNP, fees associated with post-collision lawsuits have emerged as a significant contributor