2024 NatCat rebuild efforts: Where are we one year later?

2024 NatCat rebuild efforts: Where are we one year later?

iStock.com/anatoliy_gleb Canada’s property and casualty insurers have resolved a vast majority of the 250,000 insurance claims following four major natural catastrophes (NatCats) over a five-week stretch last summer. But in Jasper, Alta., claims resolution continues to be a tough slog. Jasper’s rebuild is going at about half the pace as that of the other NatCats, since the rules for rebuilding in the town’s location in a remote national park are…