As flood season continues across Canada, the Insurance Bureau of Canada (IBC) is urging governments, communities and property owners to act now. Flood and water-related insured losses have risen more than 350% over the past two decades, making flooding Canada’s most frequent and costly natural disaster. The IBC is calling for stronger infrastructure, smarter land-use planning, flood-resilient building standards and practical homeowner protections such as sump pumps, backwater valves and insurance reviews to reduce damage, speed recovery and protect communities nationwide.
https://www.newswire.ca/news-releases/insurance-bureau-of-canada-urges-governments-and-canadians-to-prepare-as-flood-season-continues-833095167.html