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The Insurance Bureau of Canada said natural disaster claims cost a record 8.5 billion dollars in 2024 due to the increased frequency and severity of weather-related losses. Now Canada’s insurance sector is talking about the potential for the country to become uninsurable in 10 years, due to insufficient policy action on escalating climate disasters. Sue Big Oil is a campaign to pass along a share of the costs to the industry responsible for creating the crisis. We speak with Andrew Gage of West Coast Environmental Law.
By Redeye Collective4.7
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The Insurance Bureau of Canada said natural disaster claims cost a record 8.5 billion dollars in 2024 due to the increased frequency and severity of weather-related losses. Now Canada’s insurance sector is talking about the potential for the country to become uninsurable in 10 years, due to insufficient policy action on escalating climate disasters. Sue Big Oil is a campaign to pass along a share of the costs to the industry responsible for creating the crisis. We speak with Andrew Gage of West Coast Environmental Law.

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