Thursday, July 11, 2013

Storm damage could cost millions, insurers say | Toronto Star

Storm damage could cost millions, insurers say | Toronto Star: Official figures aren’t yet available but one estimate has put the cost of the torrential downpour in Toronto at more than $600 million – among the biggest in the city’s history.

The Calgary flood just two and a half weeks earlier could rival Canada’s largest ever catastrophic event -- the Quebec ice storm of 1998 -- which cost insurers $1.8 billion, other analysts said.

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