Severe weather events likely to drive insurance premiums higher
The Insurance Bureau of Canada says severe weather caused more than $3.1 billion in insured damage in 2023, the fourth-worst year on record.
IBC
Insurance Bureau reassured residents that fire-ravaged Lytton, B.C. will soon 'thrive again'
The Insurance Bureau of Canada says there is now a path to begin the recovery for Lytton, B.C., almost a year after two people died and most of the community was destroyed by a wildfire.
Floods the most costly weather-related disaster ever for B.C.
The Insurance Bureau of Canada estimates the insured damage caused by flooding in British Columbia last month at $450 million, calling it the "most costly severe weather event in the province's history."
Who should bear the financial risk of flooding? Report lays out three options
The federal government could help mitigate the cost of flood damage by creating a "high-risk" insurance pool to help lift the burden off the public purse, says a report released on Tuesday, June 18, 2019, by the Insurance Bureau of Canada.
Fort McMurray wildfire rebuild gaining momentum as hurdles cleared
Building boom in Fort McMurray is ramping up as homeowners, insurers, contractors, and officials in the Alberta city clear hurdles that hindered reconstruction after the devastating wildfire last May.