Important information about the ice storm of January 1998

On December 18, 2012, Quebec Superior Court approved an agreement between option consommateurs and four insurance companies affiliated with Intact for an out-of-court settlement of the consumer organization’s class action lawsuit regarding the January 1998 ice storm.

Under the agreement, the four insurance companies agree to pay a total of $ 12.5 million to settle the class action.

Policyholders covered under the agreement received their indemnity, in two payments, in accordance with the agreement approved by Quebec Superior Court.

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