record storm losses News

Unprecedented: 10 U.S. Storms This Year Have Each Caused $1 Billion in Insured Losses

Waves of severe thunderstorms in the U.S. during the first half of this year led to $34 billion in insured losses, an unprecedented level of financial damage in such a short time, according to Swiss Re Group, as climate change …

Report: Despite Record Storm Losses, Homeowner Claims Customer Satisfaction Increases

Overall customer satisfaction with the property claims experience has significantly increased from last year, despite a record number of catastrophic storms and some of the largest payouts ever in 2011, according to the J.D. Power and Associates 2012 U.S. Property …