B.C. strata insurance market could take years to correct: BCFSA

/ Owner - January 8, 2021

It may take years before British Columbia’s “unhealthy” strata insurance market normalizes, according to the BC Financial Services Authority (BCFSA).  In its final report to government, the BCFSA cautioned that there is no simple fix for a market that has seen premiums and deductibles jump by double- and triple-digit percentage increases in a relatively short period of time.    Read the article……………………………….

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