Tag: IBC

Fort McMurray Flooding Causes Over $228 Million in Insured Damage

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The spring flooding that occurred in Fort McMurray, Alberta caused over $228 million in insured damage, according to Catastrophe Indices and Quantification Inc. (CatIQ). The majority of...

Halloween Storm Causes Over $250 Million in Insured Damage

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The Halloween storm that hit Eastern Canada between October 30 and November 1, 2019 caused over $250 million in insured damage, according to Catastrophe...

Hurricane Dorian Causes $105 Million in Insured Damage

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Hurricane Dorian hit Atlantic Canada on September 7, 2019 and caused over $105 million in insured damage, according to Catastrophe Indices and Quantification Inc. (CatIQ). Seventy per cent of...

Two Storms Cause over $130 Million in Insured Damage

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Two severe storms caused over $130 million in insured damage, according to Catastrophe Indices and Quantification Inc. (CatIQ). The amount of insured damage is...

Urgent Action on Green Infrastructure Can Reduce Economic Risk

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A new Insurance Bureau of Canada (IBC) report urges communities to consider green infrastructure to limit their flood risk. IBC collaborated with the Intact...

August Flood in Toronto Costs $80M in Insured Damage

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On August 8th, a thunderstorm produced 72 millimeters of rain over Toronto, with 51 millimeters falling in just one hour. The Insurance Bureau of...

Toronto Partners with IBC and Intact Centre for Flood Resilience Program

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Insurance Bureau of Canada (IBC) has joined the Intact Centre on Climate Adaptation at the University of Waterloo and the City of Toronto to launch a pilot Toronto...

Damage Control

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While City of Edmonton’s Dr. Fayi Zhou (general supervisor of environmental planning in the City’s drainage services branch) is proud of Edmonton’s Insurance Bureau...

Edmonton Wins National Watershed Award

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The Insurance Bureau of Canada (IBC), in partnership with the Federation of Canadian Municipalities (FCM), has announced the winners of the first annual Watershed...

IBC and FCM Announce Watershed Awards

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The Insurance Bureau of Canada (IBC), in partnership with the Federation of Canadian Municipalities (FCM), this morning announced the Watershed Awards,...

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