Expert at Western University sees big climate changes by 2050
Insurance Bureau chief economist Gregor Robinson said the bureau decided to commission the study because members were already seeing substantial increases in claims because of severe weather.
In each of the past three years the cost of natural catastrophic losses have been above a billion dollars. It is a record, its never been that high before, Robinson said.
Last year, losses set a new record of $1.7 billion. Since the 1980s, losses have been doubling every five to 10 years, he said. Another indicator of the impact of the changing climate is that water damage has now surpassed fire as the largest cause of insurance claims in Canada.
The point of the work isnt to debate the cause of the climate change, but to prompt people and government to take action to deal with it, Robinson said.
http://www.stthomastimesjournal.com/2012/06/09/expert-at-western-university-sees-big-climate-changes-by-2050