Insurance claim tally for last year's floods, wildfires in Nova Scotia: $490 million

Philippines News News

Insurance claim tally for last year's floods, wildfires in Nova Scotia: $490 million
Philippines Latest News,Philippines Headlines
  • 📰 SooToday
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 85%

HALIFAX — The Insurance Bureau of Canada says the devastating wildfires and deadly flooding that plagued Nova Scotia last year have resulted in $490 million in insured losses.

In May and June of last year, two major wildfires burned more than 24,000 hectares and destroyed more than 200 homes and cottages, and more than 150 other structures.

And in July of last year, four people died when the municipality of West Hants experienced widespread flooding after 250 millimetres of rain fell over 24 hours. The insurance industry's report says 88 per cent of claims related to a wildfire near Halifax have been resolved, as have 90 per cent of the claims from flooding in West Hants.

The report says the claims process has been delayed by a scarcity of skilled labour, shortages of building materials and a lack of adjusters.

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:

SooToday /  🏆 8. in CA

Philippines Latest News, Philippines Headlines

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

OneStream IPO Raises $490 Million Priced Above RangeOneStream IPO Raises $490 Million Priced Above Range(Bloomberg) -- OneStream Inc. and a group of shareholders including KKR & Co. raised about $490 million in a US initial public offering, pricing its shares...
Read more »

Heavy rain brings flooding to area of Nova Scotia that suffered flood fatalities a year agoHeavy rain brings flooding to area of Nova Scotia that suffered flood fatalities a year agoSome communities in the Annapolis Valley reported receiving up to 110 mm of rain, and residents in Windsor, N.S., were once again pumping out their basements
Read more »

Nova Scotia flash flood victim identified as 13-year-old; family in shockNova Scotia flash flood victim identified as 13-year-old; family in shockEli Young was swept into a ditch on Thursday in a Wolfville park during flash flooding that caused extensive damage across western Nova Scotia
Read more »

Nova Scotia boy killed in flash flood remembered as a ‘bright light in our lives’Nova Scotia boy killed in flash flood remembered as a ‘bright light in our lives’Provincial government vows to fix delays in disseminating emergency alerts after a fatal flood killed 13-year-old Eli Young in Wolfville
Read more »

Should MPs resign before entering a Nova Scotia municipal race?Should MPs resign before entering a Nova Scotia municipal race?Andy Fillmore, Halifax MP, at his campaign launch for mayor on July 3, 2024 in Dartmouth.
Read more »

Flights cancelled in Nova Scotia as organizations deal with global tech outageFlights cancelled in Nova Scotia as organizations deal with global tech outageA Transportation Safety Board report says the incident happened while an Air Canada Airbus travelling from Toronto, was nearing Halifax. A plane from the Moncton Flight College was 400 feet vertically from the airbus.
Read more »



Render Time: 2025-02-24 12:59:07