Best's News



Best’s News & Research Service subscription required - April 15, 2025 03:15 PM (EDT)

IBC Urges Stricter Building Codes After Average Annual Wildfire Losses Jump to $509 Million

Average annual insured losses from catastrophic wildfires have shot up to C$706 million ($509 million) for the past decade from an average C$84 million in the prior period, according to the . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Fires Losses Catastrophes Floods Windstorms


Latest News

INITIAL PUBLIC OFFERINGS
Orion180 Launches IPO at $12 Share Price
Sep 18, 2026 04:33 PM (EDT)


ARTIFICIAL INTELLIGENCE
Mosaic Insurance Targets E&O With AI-Enabled Digital Platform 'Halo'
Sep 18, 2026 03:19 PM (EDT)

PEOPLE IN INSURANCE
Chubb Appoints Chief Scientist and Global Head of Digital Business
Sep 18, 2026 03:07 PM (EDT)


More from Best’s News


Trending

1
REHABILITATION
South Carolina Moves to Place A-Cap Affiliates Into Rehabilitation
Sep 16, 2026 02:17 PM (EDT)

2
BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Eurasia Insurance Company JSC
Sep 16, 2026 10:29 AM (EDT)


4
PEOPLE IN INSURANCE
AIG General Insurance CEO Retiring
Sep 16, 2026 05:49 PM (EDT)

5
PEOPLE IN INSURANCE
Sompo Appoints Former Scor, AIG Exec as CEO of UK Insurance Business
Sep 17, 2026 03:39 PM (EDT)


    



3
BEST'S CREDIT RATING ACTION
AM Best Assigns Credit Ratings to Members of Ledgebrook Insurance Group
Aug 10, 2026 04:20 PM (EDT)

4

5
LIFE AND ANNUITY INSURERS
TruStage Shuts Down Network Amid Cybersecurity Incident
Jul 16, 2026 10:52 AM (EDT)