Climate Change Insurance

• Should Canadian homes get climate risk scores? Insurance industry says yes

  Canada's insurance bureau says natural hazard and climate risk needs to be disclosed because extreme weather and natural disasters like Storm Fiona are becoming more frequent.

  Canada

  Oct 25, 2022
  
• Condo insurance crisis leads to online petition by New Westminster, B.C., woman

  The premium for the building where the woman lives with a muscle disorder climbed 300 per cent from $69,000 to $259,000 upon renewal this year.

  Feb 21, 2020
  
• Advertisement
• BC. insurance brokers call for legislative reforms to tackle skyrocketing strata rates

  In a statement Friday, the IBABC proposes two reforms to the province's Strata Property Act, including a $50,000 cap on upper loss assessments.

  Feb 9, 2020
• Advertisement
• B.C. condo owners brace for sticker shock as insurance rates surge by up to 300%

  "Anyone now purchasing into a condo and into any strata corporation in B.C., one of the documents you want to request is a copy of the insurance policy."

  Nov 30, 2019