wind losses News

Florence Wind, Storm Surge Could Cause Between $3-$5B in Insured Losses

Torrential wind and storm surge from Hurricane Florence could cause between $3 – $5 billion in insured residential and commercial property losses, according to CoreLogic, a global property information, analytics and data-enabled solutions provider. The new estimate doesn’t include insured …

$1 Spent on Hurricane Protection Equals $105 in Business Property Loss Savings

Take it to the bank: Every $1 a business spends on hurricane protection in the U.S. reduces loss exposure by an average of $105. That’s based on a new analysis by FM Global, a global commercial and industrial property insurer. …

Record Texas Hailstorm Losses in 2016

In 2016, Texas suffered through another costly year of weather-related losses for homeowners and autos. Looking only at loss information through the end of September, it has been a year of record losses for hailstorms. The months of March and …

Southeast Texas Ranks as the Windiest, Stormiest Area in the Lone Star State

Stormy, windy weather slammed more Allstate insured homes in Hardin County than any other part of Texas over the past five years. Allstate tallied the top 20 stormiest counties in the state by looking at the areas with the highest …