Costly Claims: Calgary hailstorm in August results in nearly $2.8 billion in insured damages, says CatIQ estimates
Calgary, Alberta — The Insurance Bureau of Canada (IBC) has indicated that the hailstorm that hit the Calgary, Alberta area in early August has resulted in nearly $2.8 billion in insured losses—the second costliest event in Canada’s insurance history. The storm in question specifically occurred on August 5, 2024, with Environment and Climate Change Canada […]
Healing from Hail: IBC ready to help following destructive hailstorm in Calgary
Calgary, Alberta — The Insurance Bureau of Canada (IBC) has reported that it is ready to help those recover from a destructive hailstorm that occurred in the Calgary, Alberta, area on August 5, 2024. The hailstorm in question specifically occurred on Monday evening, wherein Environment Canada meteorologists issued an emergency alert for Calgary and other […]
All Hands On Deck: SGI reports 2,500 autoclaims from weekend storm in Saskatchewan
Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) has reported that as of Tuesday afternoon, the insurer has handled 2,527 autoclaims as a result of a storm system that moved across the province over the weekend. Of the claims currently filed, SGI has further reported that most were due to hail damage. SaskToday further noted that […]