February 23: London, Ont. Abandoned-Building Fires Put Insurance in Focus

Two suspicious fires weeks apart at an abandoned East London, Ontario building have put insurance and liability under a brighter light. As ctv news london and other outlets report, repeated fires at derelict sites raise underwriting, pricing, and enforcement questions. For Canadian investors, this points to higher claims severity, potential premium shifts, and added municipal costs for inspections, remediation, and demolition. We break down what these incidents mean for property insurers, city budgets, and urban infill risk across Canada, and what signals to watch next.