Particle.news

Download on the App Store

Lake Okanagan Resort Sues Broker Over Insurance Gaps After 2023 Wildfire

The suit cites uncovered utilities as the obstacle to restarting construction.

Overview

  • Lake Okanagan Resort and a related holding company filed a notice of civil claim in B.C. Supreme Court last week.
  • The claim names Western Financial Group and alleges the broker failed to flag potential gaps in coverage.
  • Plaintiffs say their policies covered the property, liability, marina and gas bar, plus environmental impairment, but excluded utilities.
  • They allege the Aug. 2023 McDougall Creek wildfire destroyed most buildings and site utilities, leaving surviving structures unusable without water, sewage or electricity.
  • The allegations have not been tested in court, and Western Financial had not filed a response when the suit became public.