Institute for Catastrophic Loss Reduction

The Institute for Catastrophic Loss Reduction (ICLR) hosted a Basement Flooding Symposium on May 26, bringing together representatives of the insurance industry and municipalities. Held at The Board of Trade in Toronto, more than 140 industry stakeholders learned about the causes and complexities of basement flooding, mitigative best practices, how various municipalities have dealt with the increased frequency of floods and insurers’ concerns about the issue. Lunch speaker William Blakeney of Blakeney Henneberry Murphy & Galligan discussed the historical legal challenges of sewer backup claims.