Home insurance rates likely to spike in 2025 following severe weather events, insurers warn
The Insurance Bureau of Canada says 2024 was the costliest year ever when it comes to weather-related insurance losses. As ...
Global News3d
Severe weather events in 2024 surpassed $8B in claims, a Canadian first
The Insurance Bureau of Canada (IBC) said intense rainfall and wind — which prompted a local state of emergency in North Vancouver on Oct. 20 — resulted in overflowing rivers, sewer backups ...
Reuters3d
Insurance Bureau Of Canada
data from the Insurance Bureau of Canada released on Monday showed. Canadian insured losses from 2024 weather events reach record C$8.5 billion Reuters, the news and media division of Thomson Reut ...
The Globe and Mail3d
Damage from natural disasters in Canada hit record $8.5-billion in 2024, as industry group warns some regions may become uninsurable
In a report released on Monday, the Insurance Bureau of Canada said the tally of natural disaster claims in 2024 shattered the previous record of $6-billion set in 2016, when the Fort McMurray ...
France 242d
Canadian insurers face record costs from 2024 extreme weather
Montreal (AFP) – Damage from extreme weather in Canada last year pushed the bill facing insurers to an unprecedented CAN$8.5 billion ($5.9 billion), the Insurance Bureau of Canada said Monday.
Financial Post3d
Severe weather caused record breaking $8 billion in insured losses in 2024
The Insurance Bureau of Canada (IBC) says the summer of 2024 stood out as the most destructive season in Canadian history for insured losses. The season saw $3 billion in damages related to a ...
Canadian Underwriter3d
2024 catastrophic insured losses smash records
The 2024 total is nearly triple the total insured losses recorded in 2023 and 12 times the annual average of $701 million in the decade between 2001 and 2010, Insurance Bureau of Canada (IBC ...
The Globe and Mail4d
Can a low credit score affect my car insurance rates?
Most didn’t immediately respond or declined to comment. One referred us to the Insurance Bureau of Canada, which didn’t immediately answer questions. One company, Aviva, answered. It said it ...
Vancouver Sun on MSN1d
$8.5 billion disaster insurance loss record should be wake-up call: Experts and observers
Experts, industry observers and local politicians hope the record-shattering $8.5 billion in weather-related insurance losses ...
NBC News7d
Pressure on China and pure 'trolling': Why Trump is pushing an expansionist agenda
Trump said he is keeping the option of using the military to gain control of Greenland and the Panama Canal on the table while saying he will exert “economic force” to pressure Canada to join ...
NDTV6d
Justin Trudeau Responds To Donald Trump's "Canada 51st State", "Governor" Jibes
Canadian Prime Minister Justin Trudeau once again dismissed US President-elect Donald Trump's remarks suggesting Canada could become the 51st state of the United States. Trudeau termed Trump's ...
The Hamilton Spectator6d
RCMP warns Yukoners of email scam
Whitehorse RCMP are warning Yukoners to be wary of suspicious emails claiming to be sent by the police. In a news release published Jan. 8, the RCMP said they’ve received a report of an ...