Canada experienced a record number of insurance claims this summer, driven by four catastrophic weather events, including floods in Ontario and Quebec, wildfires in Jasper, and a Calgary hailstorm. Insurers are processing approximately 228,000 claims—a staggering 406% increase compared to the 20-year average. Celyeste Power, CEO of the Insurance Bureau of Canada (IBC), highlighted the growing threat posed by climate-fueled disasters, stressing the urgent need for better flood insurance, disaster mitigation, and smarter rebuilding practices to protect communities. Read more: