LYONS, Colo. (AP) — Thousands of Coloradans could face major cost increases for their flood insurance, just as many are trying to decide whether to rebuild or move on after the devastating September flooding.
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LYONS, Colo. (AP) — Thousands of Coloradans could face major cost increases for their flood insurance, just as many are trying to decide whether to rebuild or move on after the devastating September flooding.
Read more: http://tinyurl.com/k6wlcej
EDMONTON – Alberta property insurance companies are hiking premiums and changing deductibles and coverage limits as they cope with unprecedented increases in claims stemming from flooding, hail and other natural disasters.
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CALGARY – An RBC survey says Canadians may be fully aware of the risks of flooding brought on by extreme weather, but they aren’t worried enough to protect themselves or their homes.
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The city is working with the insurance industry, hoping to prevent massive insurance increases related to flooding in south Edmonton neighbourhoods.
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OTTAWA – Canada Mortgage and Housing Corp. is raising the rates it charges to insure mortgage loans.
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It’s been nearly eight months since large parts of southern Alberta were covered by flood water and now many Albertans are seeing the impact on their insurance costs.
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With the potential of another bad potholes season ahead, the city is looking for help handling the high numbers of potential insurance claims.
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Financial co-operative Desjardins Group announced Wednesday that it is acquiring the Canadian division of State Farm Life Insurance Co.
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TORONTO – Extreme weather events including flooding in Alberta and an ice storm that hit Ontario and Eastern Canada cost Canadian insurers a record $3.2 billion in losses last year, an industry group said on Monday.
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