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Insurance Bureau of Canada estimates $450 million in insured damage from recent flooding
The devastating flooding that hit BC in November will likely be known as the most costly disaster in the province's history.
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.
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
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 damage claims caused by March 26–29 storm follow here by province: Ontario: C$19 million Nova Scot...