TORONTO, Nov. 2, 2016 /CNW/ - Insurance Bureau of Canada (IBC) reports that flooding which impacted the Windsor and Tecumseh areas at the end of September has resulted in almost $108 million in insured damage according to Catastrophe Indices and Quantification Inc. (CatIQ).
During the night of September 28 and 29, heavy rain fell over Windsor, Tecumseh, Leamington, and Essex County in southwestern Ontario resulting in significant flooding across the region. Windsor and Tecumseh bore the brunt of the flooding and a state of emergency was declared on the evening of September 29.
"Flood events are happening across Canada with more frequency and with greater severity," said Kim Donaldson, Vice-President, Ontario, IBC. "It is important that Canadians understand their insurance policies and that they know what's covered before bad weather strikes."
Over 6,000 home, auto, and business claims were filed with insurers following the flood. IBC deployed its Community Assistance Mobile Pavilion to the Windsor area on September 30 and helped local consumers with any insurance-related issues they had. For more information on IBC's CAMP, please visit www.ibc.ca, or call the Consumer Information Centre at 1-844-2ask-IBC.
About Insurance Bureau of Canada
Insurance Bureau of Canada (IBC) is the national industry association representing Canada's private home, auto and business insurers. Its member companies make up 90% of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.
P&C insurance touches the lives of nearly every Canadian and plays a critical role in keeping businesses safe and the Canadian economy strong. It employs more than 120,000 Canadians, pays $8.2 billion in taxes and has a total premium base of $49 billion.
For media releases and more information, visit IBC's Media Centre at www.ibc.ca. Follow IBC on Twitter @InsuranceBureau and @IBC_Ontario or like us on Facebook. If you have a question about home, auto or business insurance, contact IBC's Consumer Information Centre at 1-844-2ask-IBC.
If you require more information, IBC spokespeople are available to discuss the details in this media release.
SOURCE Insurance Bureau of Canada
For further information: To schedule an interview, please contact: Andrew McGrath, Manager, Media Relations, Insurance Bureau of Canada, 416-362-2031 ext. 4312, [email protected]