hail claims News

Weather-Related Property Claims Mount in Texas

Severe weather in all regions of the state this year has resulted in high numbers of insurance claims from property and auto losses in Texas, according to an insurance company trade group. The Insurance Council of Texas reported that paid …

Texas Pounded by Weather Extremes in May

Even though it means the commencement of hurricane season, weather-beleaguered Texans are likely pleased that May 2015 has come and gone. Texas was pelted during the month of May with all kinds of violent and deadly weather, including hail storms, …

Jury Verdict Favors Texas Insurer in Hidalgo County Hail Claim Case

A Texas-based insurance company has prevailed in the first lawsuit to go to trial over claims from two massive hailstorms in Hidalgo County, Texas, in 2012. The 12-member jury in Amaro v. National Lloyds found that National Lloyds Insurance Co. …

Number of Hail Damage Insurance Claims Up 84% Since 2010

Insurance claims resulting from hail storm damage increased 84 percent in 2012 from their 2010 level, according to the National Insurance Crime Bureau. In 2010, there were 467,602 hail damage claims filed. That number increased to 689,267 in 2011 and …

Insurers Handling Claims from Southeast Hail Storms

Several southern states are cleaning up after powerful winds and massive hail hammered the region. Hundreds of claims are pouring in to insurance companies in Mississippi, an early indication of the widespread damage left behind by a hail storm that …

AER Upgrades Respond Products to Improve Hail Claim Assessments

Atmospheric and Environmental Research (AER), a member of the Verisk Analytics Family of Companies, has upgraded its AER Respond and historical AER Benchmark products. The upgraded service provides a 15 percent improvement in the ability to validate hail claims. “Until …

Kentucky’s April Hail Storm Cost Insurers $175 Million

A major hail storm last month in Kentucky is estimated to have caused $175 million in insured losses and damages when balls of ice as large as baseballs battered cars and homes and knocked out power to thousands. The PSC …

Wind and Hail Impacted Abilene and North Texas the Most in 2011

Allstate Wind and Hail Claims Jump 45% Statewide Last Year Hail and wind impacted more Allstate insured homes in the Abilene area and North Texas than in any other part of the state last year. Allstate tallied the top 25 …