The increasing rate of natural disasters like wildfires, frigid cold and hurricanes is leaving many Canadians and their insurers forking out billions of dollars, according to a new study from ...
Canada continues to see extreme weather events and wildfires at an increasing rate and with more severity— and it's leading to rising costs for both Canadians and insurers. As Sean Previl explains, ...
The increasing frequency of extreme weather events across the country has caused the sums paid out annually for catastrophic insurance claims to explode — and annual payouts for the last four ...
Maureen McGee searches for belongings in the ruins of her family's home after it was destroyed in a wildfire last June in the community of Hammonds Plains, outside of Halifax. (Darren Calabrese ...
National forecasting centers like the Met Office could apply the same tools used for weather forecasting to quantify how ...
IBC analysis based on industry data from GISA systems, Groupement des assureurs automobiles, ICBC (2023 data for ICBC is an estimation based on the average annual auto crime increase from 2020 to ...
"Billion-dollar weather and climate disasters broke U.S. record in 2023, NOAA says," reported PBS earlier this year. "NOAA: US sees record number of billion-dollar weather, climate disasters in ...
When Storm Isha hit Northern Ireland and northern Britain in January 2024, wind gusts of almost 100mph caused widespread ...
Extreme weather is devastating China’s crop of lychees, the jelly-like tropical fruit that’s worth $4 billion a year to the country’s farmers. The nation is both the world’s largest ...
The increasing rate of natural disasters like wildfires, frigid cold and hurricanes is leaving many Canadians and their insurers forking out billions of dollars, according to a new study from ...
The report says that between 1983 — the first year catastrophic insurance claims were tracked — and 2008, insurers paid out an average of $400 million per year. From 2009 to 2023, that yearly ...