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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.
Calgary, Alberta – It’s raining more than cats and dogs according to recent Insurance Bureau of Canada (IBC) reports. Initial estimates from Catastrophe Ind
Summer storms in Alberta and the Prairies caused more than $300 million in insured losses, bringing 2023 Cat losses to more than $2 billion.