Fort McMurray airport suing insurer for $34M over losses in wildfire
David Thurton | CBC News | Posted: June 7, 2018 12:00 PM | Last Updated: June 7, 2018
Airport authority negotiating with insurance company, spokesperson says
The Fort McMurray Airport Authority is suing its insurer for $34 million to cover losses incurred in the devastating wildfire two years ago.
A statement of claim filed by the airport on May 1 says the airport incurred $34,252,678.18 in damages and lost revenue.
The claim said airport improvement fees and terminal and landing fees are a significant source of revenue.
It also asks for legal costs and $2 million in damages.
The Fort McMurray airport was closed for more than a month to commercial aircraft during the wildfire emergency response in May 2016.
While the insurer, FM Global, has made some pay outs, it rejected the airport's proof of loss, the claim said.
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The authority declined to comment on the lawsuit.
"The Fort McMurray Airport Authority is currently in negotiations with its insurance company and we hope to come to a mutually agreeable resolution," spokesperson Joanne Meredith said.
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None of the allegations have been proven in court.
FM Global has not filed a statement of defence and it did not respond to CBC's request for comment.
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