Canada:
An Ill Wind Blowing: Insurers Are Bracing For Challenges From Climate Change
26 October 2017
Blaney McMurtry LLP
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Previoulsy published in The Lawyers Daily.,/p>
Climate change is producing extreme weather events and adversely
affecting communities around the world. Canada has already observed
this first-hand. Floods in Calgary and Toronto, and wildfires in
Fort McMurray, Alta., are but three examples. The insured losses
stemming from the latter have been estimated at approximately $4
billion, making it the greatest insured loss in Canadian
history.
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