Secondary Perils Drive Global Insured Losses to Estimated $123B in 2023: Gallagher Re January 18, 2024 Non-peak (secondary) perils and record-setting weather and climate events drove global insured losses from natural catastrophes to an estimated $123...
Insured Price Tag for Natural Disasters Was $95B in 2023 With Economic Cost of $250B January 9, 2024 By L.S. Howard Natural catastrophes in 2023 caused global economic losses of US$250 billion, with insurers and reinsurers paying US$95 billion of that...
Why Snow, Hail and Wildfire Are Expensive for Insurance Industry August 17, 2021 By Leslie Kaufman If you’re having trouble wrapping your mind around the spree of natural catastrophes currently plaguing the world—from deadly July floods...
Midwest Hit by Damaging Hail Storms, Tornadoes June 5, 2014 By Barbara Rodriguez Baseball-sized hail pummeled homes and cars in Nebraska and Iowa on June 2 as powerful thunderstorms moved through a swath...
Penn. Insurance Department Taking Steps to Assist Consumers After Hail Storm May 27, 2014 Pennsylvania’s insurance department said last Friday it has taken steps to help consumers after a hail storm caused widespread damage...
South Dakota Hail Storms Were Some of the Worst in Years September 5, 2013 Recent hail storms on both sides of South Dakota were some of the worst in years, according to meteorologists and...