Insured damages from Hurricane Fiona are now estimated at over C$800 million (US$591.2 million), according to the Insurance Bureau of Canada (IBC), quoting the Catastrophe Indices and Quantification Inc. (CatIQ).
Hurricane Fiona remains the most costly extreme weather event ever recorded in Atlantic Canada and is now the seventh largest in Canada’s history in terms of insured damages – up from the 10th largest as previously reported.
