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- 2020 Pier Park fire results in $30M insurance settlement
2020 Pier Park fire results in $30M insurance settlement
The fire initially resulted in criminal charges, but they were later abated after the suspect died
Ria Renouf
October 12, 2023
A portion of New Westminster’s Pier Park. Shutterstock.
It’s been a little more than three years since the Pier Park Fire took place, and the City of New Westminster says it’s finally reached a settlement with its insurers.
The city says there will be a total payout of $30M—$10M of which was already paid to New Westminster. That being said, there is a cost of about $8M tied to clean-up and recovery.