In a paper released Wednesday, Canada’s insurance regulators’ association suggests that insurers need to better educate consumers so they can understand the terms – including limitations, exclusions and deductibles – of their property insurance contracts, while sharing aggregated property risk…
A storm event with flooding, hail and wind from June 28 to June 30 in Alberta has cost an estimated $70,440,000 in insured property damage, according to a catastrophe bulletin from Property Claim Services (PCS) Canada. According to the bulletin,…