Massive B.C. wildfire causes $77 million in insurance damage - News Summed Up

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Massive B.C. wildfire causes $77 million in insurance damage


VANCOUVER - A wildfire that began on Aug. 2 in British Columbia and grew to more than 833 square kilometres is now estimated to have caused $77 million in insurance damage. The cost estimate from the Insurance Bureau of Canada says the so-called White Rock Lake fire destroyed 78 properties in the Central Okanagan. Aaron Sutherland, vice-president of Canada’s Western region at the bureau, says the growing frequency and severity of wildfires are costing more for both insurers and taxpayers. The damage toll is comparable to the wildfire that destroyed much of Lytton, B.C., in June, causing about $78 million in insured property damage. This report by The Canadian Press was first published Sept. 23, 2021.


Source: thestar September 23, 2021 23:03 UTC



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