Insurance Bureau of Canada attempted to respond to a recent piece on the Fort McMurray Alberta rebuild following the fire in 2016. The magazine has not printed the response. The following is IBC’s position. The recent article by Nicholas Köhler…
Read more →A small city that wasn’t designed to burn was put up in the middle of the Boreal forest that was designed to burn. Are we simply going to put Fort McMurray back the way it was? Fortunately for insureds in…
Read more →Unlike the 2013 flood in southern Alberta, the Fort McMurray wildfire is a heavily insured event. Considering that property insurance got its roots in fire (indeed it used to be widely known as ‘fire insurance’, still is in certain circles,…
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