Jasper wildfire costs insurers more than $880M: Insurance Bureau of Canada

Canada News News

Jasper wildfire costs insurers more than $880M: Insurance Bureau of Canada
Canada Latest News,Canada Headlines
  • 📰 CP24
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta's history for insured losses.

A worker walks in a devastated neighbourhood in west Jasper, Alberta on Monday August 19, 2024. The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta's history for insured losses. THE CANADIAN PRESS/Amber Bracken

The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta's history for insured losses.The 2016 wildfire in Fort McMurray, Alta., resulted in inflation-adjusted insured losses of $4.4 billion and was the costliest natural disaster in Canadian history.The town's 5,000 residents were allowed back more than three weeks later, though the area is still closed to visitors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CP24 /  🏆 30. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jasper wildfire will cost insurers more than $880 million: Insurance Bureau of CanadaJasper wildfire will cost insurers more than $880 million: Insurance Bureau of CanadaEDMONTON — The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta's history for insured losses...
Read more »

Jasper wildfire now 9th-costliest natural disaster for insurance payouts in Canada’s history: IBCJasper wildfire now 9th-costliest natural disaster for insurance payouts in Canada’s history: IBCA representative with the Insurance Bureau of Canada said the insured damages from the Jasper wildfire are estimated at $880 million. 
Read more »

Flooding in Toronto, southern Ontario in July caused more than $940M in claims: Insurance bureauFlooding in Toronto, southern Ontario in July caused more than $940M in claims: Insurance bureauFlooding in Toronto and southern Ontario last month resulted in more than $940 million worth of insured damage, the Insurance Bureau of Canada (IBC) announced Monday.
Read more »

July flooding in Toronto, southern Ontario caused more than $940M in claims: Insurance bureauJuly flooding in Toronto, southern Ontario caused more than $940M in claims: Insurance bureauFlooding in Toronto and southern Ontario last month resulted in more than $940 million worth of insured damage, the Insurance Bureau of Canada (IBC) announced Monday.
Read more »

Parks Canada says Jasper townsite reopens Friday, but only to residents for nowParks Canada says Jasper townsite reopens Friday, but only to residents for nowOfficials say the plan to reopen the fire-ravaged Jasper townsite will go ahead Friday as planned, but only to residents for now.
Read more »

Parks Canada says Jasper townsite reopens Friday, but only to residents for nowParks Canada says Jasper townsite reopens Friday, but only to residents for nowOfficials say the plan to reopen the fire-ravaged Jasper townsite will go ahead Friday as planned, but only to residents for now.
Read more »



Render Time: 2025-02-19 20:41:21