Nova Scotia flooding causes over $170m in insured damage: IBC

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Reinsurance News - Aug 29, 2023

Citing initial estimates from CatIQ, the Insurance Bureau of Canada (IBC) has reported that the flooding in Nova Scotia on July 23 is estimated to have caused over $170 million in insured damage. According to IBC, this severe weather event produced more than 250 millimetres of rain in the hardest hi...

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