Summer 2024 costliest ever for Canadian weather losses: CatIQ
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Summer 2024 costliest ever for Canadian weather losses: CatIQ

July and August floods and fires caused the bulk of the insured loss burden.

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This summer has been the most destructive in Canadian history in terms of insured weather losses, according to the Insurance Bureau of Canada’s (IBC) Catastrophe Indices and Quantification (CatIQ).

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