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Canada's shoddy condos deter insurers

They've stopped taking on new business and are demanding higher premiums as claims rise
Saturday, April 4, 2015 - 05:50

Montreal

RISING claims for water damage in condo buildings and inadequate regulation have led insurance companies to refuse new clients or demand higher premiums for coverage, adding fuel to concerns about quality in Canada's fastest-growing housing segment.

In March, Aviva