Two wildfires in B.C.’s southern interior caused more than $720 million in insured losses last year, making them the most costly insured extreme weather event the province has ever seen, according to a new report.
Taken together, the McDougall Creek wildfire in the Okanagan and the Bush Creek East fire in the Shuswap region are now the 10th worst natural disaster for insurance payouts on record in Canada, according to the Insurance Bureau of Canada’s (IBC) annual report for 2023.
“This year’s wildfire season has broken all records in terms of the amount of land burned and damage caused to homes and businesses
