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Tropical storm Debby latest contributor to Canada's costliest insurance year

Rates expected to climb as this year's 228,000 insurance claims already outpaces overall 2023 total
The remnants of Hurricane Debby hammered many parts of Canada and the United States in August. (Getty Images)
The remnants of Hurricane Debby hammered many parts of Canada and the United States in August. (Getty Images)
CoStar News
September 17, 2024 | 8:53 P.M.

The storm remnants of Hurricane Debby caused an estimated total of $2.5 billion in property damage in Quebec, making it the costliest disaster for insurers in the province as the national claim total for the year heads for a record.

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