Close X
Friday, November 29, 2024
ADVT 
National

Hail, floods in Alberta cause nearly $2B in damages

Darpan News Desk The Canadian Press, 10 Sep, 2020 07:45 PM
  • Hail, floods in Alberta cause nearly $2B in damages

A series of severe weather events in Alberta this year has led to insured damages of nearly $2 billion.

The Insurance Bureau of Canada says the industry is working to process nearly 100,000 claims largely from four major Alberta events from April to August.

The latest storm, which happened over the Aug. 2-3 weekend, caused $58 million in insured damages.

A storm that hit the Calgary, Drumheller, Airdrie and Strathmore areas on July 24 topped $135 million with over 10,000 claims.

A hailstorm in Calgary in June, which resulted in flooding and stranded motorists on major roadways, came in at $1.2 billion.

And flooding in Fort McMurray in April caused $522 million in damage.

"Weather has hit our province hard this year," Celyeste Power with the Insurance Bureau of Canada said in a release Thursday.

"Insurers will remain on the ground assisting Albertans until the work is done."

The agency says between 1983 and 2008, the average yearly total for insured damages related to severe weather across Canada was $422 million.

From 2009 to 2019, Canada-wide severe weather losses averaged about $1.9 billion annually.

MORE National ARTICLES

Worker killed at northwestern B.C. mine

Worker killed at northwestern B.C. mine
A worker has been killed during maintenance at a gold mine in northwestern British Columbia, north of Stewart.

Worker killed at northwestern B.C. mine

Vancouver home sales and prices rise in July

Vancouver home sales and prices rise in July
The Real Estate Board of Greater Vancouver says home sales and prices rose in July as more homebuyers took advantage of low interest rates to boost activity.

Vancouver home sales and prices rise in July

WATCH: INDIA Records World's Highest Covid19 Toll in 24 Hrs.

WATCH: INDIA Records World's Highest Covid19 Toll in 24 Hrs.
India's rising numbers of over 50,000 cases for sixth day in a row- have WHO raising concern along with the US President singling India out.

WATCH: INDIA Records World's Highest Covid19 Toll in 24 Hrs.

Chip, Joanna Gaines return to 'Fixer Upper' for new network

Chip, Joanna Gaines return to 'Fixer Upper' for new network
Chip and Joanna Gaines are returning to “Fixer Upper" as they build their new network.

Chip, Joanna Gaines return to 'Fixer Upper' for new network

Charity likely on hook for student volunteers

Charity likely on hook for student volunteers
A Halifax-based charity is expressing confusion and frustration as it looks likely to have to foot the bill for nine students that it says were hired through the federal volunteer program at the centre of the WE affair.

Charity likely on hook for student volunteers

A guide to back-to-school rules across the country

A guide to back-to-school rules across the country
Plans are being made across the country for how to safely send students back to school in the fall as the COVID-19 pandemic continues.

A guide to back-to-school rules across the country