Insurers zero in on flood-prone areas

[news]

http://i.cbc.ca/1.2674203.1404292529!/httpImage/image.jpg_gen/derivatives/16x9_460/calgary-flood.jpg After a year in which it paid nearly $1 billion in claims in Ontario and $1.7 billion in Alberta because of natural disasters, the insurance industry is testing out a new tool that will help identify where municipalities might direct their money so future flooding does not do as much damage.


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