Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
As this headline indicates, 2015 may go down as the worst year ever for wildfires in British Columbia. While, to date, insured damages have been relatively low (despite 29 homes being lost in Rock Creek), suppression costs have been well…
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Prior to the $700 million wildfire in Slave Lake, Alberta in May 2011, ICLR was on record warning the Canadian insurance industry of a $1 billion wildfire loss event in the country. And while $700 million isn’t $1 billion (even when…
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Whenever a large natural hazard event takes place and things didn’t quite go as desired (and they seldom do), you can bet that you will hear from certain quarters that the storm/flood/wildfire/earthquake “was just too big, there was nothing we…
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