Alberta flooding raises questions about insurance

While cleanup is already underway at the Soho Building in Cloverdale, it is still unclear just how much of the flood damage will be covered by insurance.

As the CBCs Kim Trynacity reports, 62 per cent of natural disaster payouts made in Canada last year went to Albertans, where a combination of volatile weather, a fast-growing population and an increasingly technology-heavy lifestyle up the ante on insurance payouts.