Tuesday, February 25, 2020

Tag: Insurance Bureau of Canada

Halloween Storm Causes Over $250 Million in Insured Damage

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

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...

Richer Data Can Help Improve Flood Hazard Maps: Study

Richer data can help improve the accuracy of flood hazard maps that are used by governments, insurers, and investors to determine the flood risk,...

Two Storms Cause over $130 Million in Insured Damage

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

Flooding in Eastern Canada Causes $208 Million in Insured Damage

The spring flooding that took place in late April and May across Ontario, Quebec, and New Brunswick caused close to $208 million in insured...

Cost of Severe Weather Damages in 2018 Fourth-Highest on Record

Insured damage for severe weather events across Canada reached $1.9 billion in 2018, according to Catastrophe Indices and Quantification Inc. (CatIQ) and the Insurance...

Ont. Ice Storm Caused Over $190M in Insured Damage

Strong winds, flooding, heavy snow, and ice from the mid-April ice storm in southern Ontario resulted in more than $190 million in insured damage,...

Atlantic Canada Flooding Prompts Insurance Bureau Statement

Insurance Bureau of Canada (IBC) is encouraging residents affected by flooding in Atlantic Canada to call their insurance representatives immediately if they have damage to report. "We have seen...

Severe Weather Events Cost Canadians $5 Billion in 2016

From the wildfires that swept through Fort McMurray in May to the floods that devastated parts of Nova Scotia and Newfoundland over Thanksgiving weekend,...

Flood Prevention Initiatives Include Tearing Up Canadian Streets

Five Canadian cities will have portions of their asphalt roads ripped up and replaced with permeable brick and gravel this summer in an effort...

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