{"id":228657,"date":"2025-10-21T06:02:07","date_gmt":"2025-10-21T06:02:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/228657\/"},"modified":"2025-10-21T06:02:07","modified_gmt":"2025-10-21T06:02:07","slug":"rising-catastrophe-claims-strain-canadas-property-insurance-sector-ibc","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/228657\/","title":{"rendered":"Rising catastrophe claims strain Canada&#8217;s property insurance sector \u2014 IBC"},"content":{"rendered":"<p>The volume of claims filed in 2024 represented a 443% increase over the 20-year average, significantly straining insurers\u2019 claims departments. Despite the surge, IBC\u2019s latest In Brief report, 2024 Summer of Catastrophe across Canada, shows that the majority of claims have already been resolved, reflecting the sector\u2019s capacity to absorb record-breaking losses and help policyholders rebuild.<\/p>\n","protected":false},"excerpt":{"rendered":"The volume of claims filed in 2024 represented a 443% increase over the 20-year average, significantly straining insurers\u2019&hellip;\n","protected":false},"author":2,"featured_media":228658,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,25945,44,14357],"class_list":["post-228657","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ca","tag-canada","tag-ibc","tag-news","tag-severe-weather"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/228657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=228657"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/228657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/228658"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=228657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=228657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=228657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}