The Canadian Press
November 8, 2012 — Record hail storm damage to crops in Alberta has prompted the province to declare the situation a disaster, with insurance payouts to farmers worth $451 million.
The Agriculture Financial Services Corporation says the money will come from two insurance funds, and not the government.
Hail storms have damaged wheat, barley, canola, and peas crops throughout the province on 1.6 million hectares of land between May and mid October.
Merle Jacobson, a corporation spokesman, says his company will be paying out 11,100 hail insurance claims this year.
He says it's the largest number of claims the corporation has handled in its 74-year history.
The previous top year was 2008, when $264 million were paid out on 9,500 hail insurance claims.