A nasty start to the 2013 hail season gave way to clearer skies this summer.
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A nasty start to the 2013 hail season gave way to clearer skies this summer.
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In the wake of Alberta’s historic June deluge, the Redford government is facing growing pressure to help create an insurance program that would offer overland flood coverage to homeowners.
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Canadian insurers have never offered overland flood insurance, the kind of insurance that could have covered the floods this summer in Ontario and Alberta that caused millions of dollars worth of damage.
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CALGARY, Sept. 23, 2013 /CNW/ – Insurance Bureau of Canada (IBC) reports that the latest PCS-Canada estimate of the insured property damage caused by last June’s southern Alberta floods now exceeds $1.7 billion. It is the costliest natural disaster in Canadian history.
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Thousands of Colorado homeowners may face a personal financial disaster in the wake of the state’s severe floods.
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OTTAWA — Insurance executives say homeowners will never have access to comprehensive flood insurance in Canada unless there are new maps of flood-prone areas that take climate change into account.
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Theresa Pugh stopped at a store near Lord & Taylor after eating at the restaurant a few doors down.
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In the wake of the 2008 financial crisis, middle-aged Americans are increasingly overlooking life insurance due to shaky personal finances.
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Insurance companies are rethinking what coverage they offer, and at what cost, following the heavy rains and flooding that swamped Toronto and parts of Alberta this summer.
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While tenants insurance is not mandatory, the $8,000 worth of damage done to a Village Green apartment suite earlier this week, following a kitchen fire prompted by the use of improper cooking supplies, makes you think it should be.
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