hailstorm loss estimates News

Consltants Say Mississippi City Hail Damage Worse Than Expected

Consultants for the city of McComb said damage they’ve seen so far from a 2013 hailstorm was worse than they expected. The Enterprise-Journal reported that NewPath Strategy Consultants has examined roof damage and still needs to check water towers and …

XL Puts Preliminary Losses at $60 Million from Germany, France Hail Storms

XL Group plc announced its preliminary net loss estimate related to the series of hailstorms in Germany and France in late July 2013 of $60 million, pretax and net of reinsurance and reinstatement premiums. The majority of these losses relate …