Insurance claim tally for last year’s floods, wildfires in Nova Scotia: $490 million

The Insurance Bureau of Canada says nan devastating wildfires and deadly flooding that plagued Nova Scotia past twelvemonth person resulted successful $490 cardinal successful insured losses.

The harm estimate is included successful a caller study that says immoderate claims person yet to beryllium resolved.

In May and June of past year, 2 awesome wildfires burned much than 24,000 hectares and destroyed much than 200 homes and cottages, and much than 150 different structures.

And successful July of past year, 4 group died erstwhile nan municipality of West Hants knowledgeable wide flooding aft 250 millimetres of rainfall fell complete 24 hours.

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The security industry’s study says 88 per cent of claims related to a wildfire adjacent Halifax person been resolved, arsenic person 90 per cent of nan claims from flooding successful West Hants.

The study says nan claims process has been delayed by a scarcity of skilled labour, shortages of building materials and a deficiency of adjusters.