Toronto/Ontario flash flooding drives $940m in insured damage: CatIQ

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Reinsurance News - Aug 20, 2024

According to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ), the flash flooding in Toronto and other parts of southern Ontario between July 15-16, 2024, is estimated to have caused over $940 million in insured damage. Amanda Dean, Vice-President, Ontario and Atlantic, Ins...

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