Alberta flood insurance launched by Co-operators

Calgary alberta flood insurance

The insurer has introduced a new form of coverage for homeowners against overland flooding. Co-operators General Insurance Company has recently announced the launch of its brand new form of flood insurance, which can be purchased by homeowners living in Alberta, Canada, in order to protect themselves against the cost associated with damage from overland flooding. This new form of insurance policy is available throughout all of Alberta and covers against many types of water damage. The flood insurance policy has been created to be flexible and to provide coverage against…

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Insurance news from Toronto shows Co-operators lost over $37 million to flood

insurance news - losses

The insurer has revealed its latest data, including a massive loss last quarter from the flooding in July. The massive flooding that swept through Toronto, Canada, this July is making insurance news headlines once more as Co-operators General Insurance Company has now reported that it experienced a loss of $37.9 million as a result of that one sudden event. The flooding came on out of the blue as a result of an unexpected and exceptionally heavy rain storm. The insurance news was considerable at the time, but now it has…

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