You are here

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


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

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom