Canadian Underwriter

Insured damage from Angus, Ont. tornado at least $30 million

July 9, 2014   by Canadian Underwriter

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Insured damage from the tornado that hit Angus, Ont. in late June is at least $30 million, the Insurance Bureau of Canada said Wednesday, based on preliminary figures from Property Claim Services (PCS).

 More than 100 homes were damaged from the storm, IBC noted. Immediately after the tornado hit, IBC deployed its Community Assistance Mobile Pavilion (CAMP) to Angus to help residents and businesses by offering on-site, insurance-related information.

“I was on the ground with IBC’s CAMP, and I can say first-hand that the tornado’s destruction is devastating for those who have been affected. But insurers are here to help with the recovery,” Pete Karageorgos, IBC’s director of consumer relations said in a release.

IBC worked with its members, local fire, provincial police, and emergency management officials, as well as the mayor and representatives from the town’s council to help prepare a plan that allowed residents to return to their homes to inspect the damage and to work with adjusters to begin the work of restoring their homes.

Many insurance companies also brought in extra staff to start issuing cheques to residents to cover their daily needs and to begin processing claims immediately. 

Photo: Investigators assess the damage to homes and property on Wednesday, June 18, 2014, a day after a tornado touched down in Angus, Ont . (THE CANADIAN PRESS/Nathan Denette)