| Public Policy Tipoffs Involving Arkansas Newsletter for Sunday October 29, 2023 ( 1 items ) |
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Insurance Information Institute: 2023's Severe Weather Events Are Proving Costly to U.S. Insurers
NEW YORK, Oct. 26 -- The Insurance Information Institute issued the following news release on Oct. 25, 2023:
The U.S. is experiencing its costliest year ever in 2023 for severe convective storms, with insured losses from these events exceeding $50 billion through the end of September, according to the Insurance Information Institute (Triple-I.)
Severe convective storms include natural catastrophes such as thunderstorms with lightning, hail, tornadoes, and derechos, which are organized lines of
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