Alberta Motor sues reinsurers over Fort McMurray loss

The Alberta Motor Association is suing 16 reinsurers that it
alleges are baulking at paying a C$165mn ($130mn) claim from its
treaty provision dealing with forest fires.
The Canadian carrier is facing rising claims from last
year's Fort McMurray wildfire.
The insurer has cited a clause in its cat treaty that it said
provides for the division of a forest fire that lasts longer than
168 hours into multiple loss occurrences.
The Insurance Insider reportedlast year that Alberta Motor...