Data from Catastrophe Indices and Quantification Inc. (CatIQ) showed that insured losses to commercial properties due to ...

Commercial property insured losses alone reached $1.7 billion in 2024 — the second-highest total in Canada's history, ...

The Jasper wildfire, which impacted 358 of the town’s 1,113 structures, was initially estimated to have caused $880 million in insured damages, but that figure has since risen to $1.23 billion. The ...

For the first time in Canadian history, insured damage caused by severe weather events surpassed $8 billion, according to Catastrophe Indices and Quantification Inc. (CatIQ). The $8.5 billion ...