Estimate suggests Greater Toronto Area flooding in August caused more than $100-million in insured damage.
Brokers can use this example to better explain to SMEs why they need cybersecurity insurance, say three experts.
Benefits paid were significantly higher than the previous two years.
Study reveals claims statistics for 2012 to 2020.
Rate cap, hailstorms could force more insurers out of the province.
Insured damages surpass the 1998 ice storm.
Summer 2024’s record-setting insured losses will put pressure on premiums.