Canadian insurance market now refusing to cover Nunavut hamlets, resulting in higher costs

Canadian insurance market now refusing to cover Nunavut hamlets, resulting in higher costs

Municipalities in Nunavut received $78 million dollars from insurance companies between 2018 and 2025, convincing Canadian companies to declare communities in the territory “uninsurable,” according to Peter Boucher, principal attorney for the Nunavut Association of Municipalities Insurance Exchange.