* * * Alberta has been ground zero for catastrophe losses in Canada in recent years.
So far this year, six out of 10 natural disasters (events that caused a minimum $25-million of insured damage) have taken place in the province, with the biggest currently sitting at $3.6-billion insured. Seven of the top 10 costliest natural catastrophes in Canadian history have occurred in Alberta, generating $8.2-billion in insured damage and considerably larger economic losses. All have occurred since 2009.
So the question invariably arises: Why Alberta?