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 damage claims caused by March 26–29 storm follow here by province: Ontario: C$19 million Nova Scot...
Source: insurancejournal.com