The Insurance Bureau of Canada says insured losses from the wildfire that destroyed the village of Lytton amount to an estimated 78-million dollars.
A statement from the bureau says roughly 300 claims have been filed since the June 30th fire and most of those are related to losses of residential properties.
Bureau vice-president Aaron Sutherland says the destruction in Lytton is “a tragic reminder of the increasing risk facing communities in B-C, and across Canada, from a changing climate.”
He says perils ranging from wildfires and floods to heat, hail and windstorms are having an “outsized impact” and everyone must do better to prepare for such events and adapt to the “new weather reality.”
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