Insurance Claims
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Canada’s extreme weather events are costing billions, new data showsFrom 1983 to 2008, insurance companies in the country spent about $400 million on average annually on catastrophic claims, but since 2009 that number's risen to almost $2 billion.CanadaMay 15, 2024
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SGI Canada received 210 home insurance claims in Saskatchewan from cold snapSGI Canada said they received 210 water escape claims for the month of January for home properties in Saskatchewan.CanadaMar 12, 2024
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Home insurers aiming for ‘climate risk’ rating system to deal with extreme weather eventsHomeowners in Canada may be forced to 'absorb' more of the cost of flooding and other catastrophic climate-fueled extreme weather events.WeatherOct 3, 2023
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Saskatchewan summer storms cost $25 million in insured losses, SGI reportsSGI reports over $25 million dollars in insured losses due to three major summer storm events in Saskatchewan where auto and home claims came in.CanadaSep 22, 2023
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Calgary driver warns others after being on the hook for catalytic converter stolen at auto centreA Calgary woman is warning others after her vehicle's catalytic converter was stolen while being repaired for a different issue at a local autobody shop.ConsumerOct 17, 2022
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Fiona insurance payouts: What to know before you make a claimStorm Fiona has left a trail of damaged homes, cars and properties in its wake. Here's what to know about making insurance claims and when to expect payouts.MoneySep 26, 2022
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White Rock Lake wildfire caused an estimated $77M in insurance damageThe White Rock Lake wildfire caused an estimated $77-million in insurance damage, say early estimates from Catastrophe Indices and Quantification Inc.EnvironmentSep 23, 2021
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Severe weather: 2020 ranked as 4th most expensive year for insurance damageAccording to the Insurance Bureau of Canada, insured damage for severe weather events across the nation tallied just under $2.4 billion.CanadaJan 23, 2021
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SGI ‘unaware’ of U.S. insurance inspectors working in Saskatchewan, asks them to cease workSGI recently learned six American inspectors were hired by a third party company to deal with hail insurance claims in the province.CanadaJul 15, 2020
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Court overturns B.C. government’s attempt to restrict expert reports in ICBC casesThe B.C. Supreme Court has shot down proposed changes that would have saved ICBC an estimated $400 million.PoliticsOct 24, 2019
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