Alberta sees more insurance claims due to extreme weather than rest of Canada

It seems Mother Nature has a thing for Alberta when it comes to severe weather. The Insurance Bureau of Canada says 62 per cent of all insurance losses from natural catastrophes in the country last year were in the province. The trend is hitting the industry and policyholders right in the wallet. The bureau says Alberta’s 2012 claims totalled more than $730 million for damage caused by heavy rains, hail and wind, including from major storms that ravaged Calgary, Edmonton and the province’s south.