new weather reality

B.C. floods cause at least $450M in damage, Insurance Bureau of Canada reports

B.C. floods cause at least $450M in damage, Insurance Bureau of Canada reports

The Insurance Bureau of Canada estimates the insured damage caused by flooding in British Columbia last month at $450 million, calling it the “most costly severe weather event in the province's history.” However, the overall costs are expected to be much higher since many people affected by the flooding in southwestern B.C. were located in high-risk areas where flood insurance was not available, the bureau said in a news release.