The massive hail storm that pummeled Colorado’s northern Front Range a year ago generated nearly $900 million more in damage than first estimated, as claims from homeowners doubled in the months that followed. The Denver Post reported this week that …
A severe June 30 hail storm that struck Sioux City, Iowa has become big business for certain sectors of the local economy and drawn interest from outside contractors. The Sioux City Journal reported that auto body shops, insurance agencies, roofing …
More than 150,000 auto insurance claims and 50,000 homeowners claims are estimated to be filed in the wake of a monster hailstorm that pounded Colorado’s Front Range on May 8, putting it on pace to be the state’s most expensive …
Insurance adjusters are still trying to figure out just how many cars on dealership lots and at private homes in the Farmington and Park Hills area of eastern Missouri were damaged by last week’s hail storm. Severe storms dumped pea- …
This post is part of a series sponsored by CoreLogic. Insurers that constantly face nature’s unpredictable fury must also manage claims in a way that both covers policyholder damage and maintains reserves to cover future events. In the case of …
This post is part of a series sponsored by CoreLogic. Hail Damage by the Numbers Damage from convective storms continues to capture the attention of both the public and insurers because of the increase in the number of extreme weather …
It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates are likely to be on the rise for some time. Insured losses from the recently doused Black Forest fire should …
The official count on total insured losses from the Black Forest Fire in Colorado should be released soon, and the single most destructive wildfire in the state’s history is likely to exceed $100 million – marking two years in a …
A recent hail storm damaged thousands of vehicles in the St. Louis area, but good luck trying to find a rental. That’s because car rental companies are scrambling to fix or replace their own fleets. Hail as big as softballs …
