Insurers dealing with claims related to March ice storm, as well as February’s severe storms and mid-winter thaw.

Summer catastrophe losses are the second highest in history.

Roughly half of all vehicles damaged were total losses.

Experts urge governments to strengthen partnerships with the private sector to insure against catastrophic risks.

Four severe weather events in July and August made 2024 the costliest year ever in terms of insured damage.

Insured losses reached new highs in Canada, but the outlook for insurers remains stable.

Industry association calls on federal government to implement national flood insurance plan.