winter storm losses News

In 2014, winter storms caused $2.3 billion in insured losses, second only to damage caused by severe thunderstorms, according to Munich Re. “Severe winter weather caused 15 percent of all insured auto, home and business catastrophe losses in the United …

With an arctic cold surge and heavy snow accumulations in large parts of the United States last week, potential hazards exist for homeowners and drivers alike, according to the Insurance Information Institute (I.I.I.). A repeat of this past winter’s deep …