Alberta News

IBC Estimates Alberta Wind, Thunderstorm Insured Losses over $100 Million*

The Insurance Bureau of Canada (IBC) reports that the estimated insured damage caused by the recent severe thunderstorm event that hit the Edmonton area in July amounts to more than $100 million. The IBC noted that the estimate, “reported by …

November Storms in Southern Alberta Caused $195 Million Insured Loss

Windstorms that hit southern Alberta in November have caused at least C$200 million [US$195] in insured damage, according to the Insurance Bureau of Canada. However, the estimate is preliminary, based on data from Property Claim Services Canada (PCS-Canada), a service …