Historic flooding in Nova Scotia last month caused more than $170 million in insured damages, an initial estimate from Catastrophe Indices and Quantification Inc. shows.
Severe thunderstorms in July dumped more than 250 millimetres of rain on the hardest hit parts of the province, causing damage to roads, homes and bridges while killing four people.
The Insurance Bureau of Canada created a separate web page called Nova Scotia Floods to help people understand insurance coverage and the various stages of the claim process. Craig Stewart, the vice president of climate change at IBC, says over 1.5-million households in Canada remain highly exposed to flooding and don't have access to flood insurance.
IBC says insured weather damages in Canada routinely exceed $2 billion annually, with water damages responsible for most of the losses. Stewart says IBC is advocating for investments in climate adaptation and asking the federal government to work on reducing risks Canadians face due to extreme weather.
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.
On the mound for Team Nova Scotia: Local Truro baseball player makes provincial teamTRURO, N.S. — It was an easy answer for 13-year-old Eli Brown when asked about his favourite part of being a baseball player. “Everything,” Eli, who comes ...
Read more »
On the mound for Team Nova Scotia: Local Truro baseball player makes provincial teamTRURO, N.S. — It was an easy answer for 13-year-old Eli Brown when asked about his favourite part of being a baseball player. “Everything,” Eli, who comes ...
Read more »
‘Heartbreaking’: Nova Scotia clinics forced to turn away patients amid doctor shortageThe waitlist for getting a family doctor has climbed beyond 150,000 residents, according to Nova Scotia Health — about 15 per cent of the province’s population.
Read more »
Nova Scotia adopts standards making locally made deep-cycle batteries ‘impossible’ for off-grid homesOne of the least expensive, safest and environmentally friendly ways to create a battery backup for home solar or wind is manufactured by Surrette Battery ...
Read more »
Offshore wind project proposed for Nova ScotiaOn Wednesday, DP Energy and SPM Offshore unveiled their intention to build this province’s first offshore wind farm. Dubbed Nova East Wind, the 300- to ...
Read more »
Offshore wind project proposed for Nova ScotiaOn Wednesday, DP Energy and SPM Offshore unveiled their intention to build this province’s first offshore wind farm. Dubbed Nova East Wind, the 300- to ...
Read more »