Insurance Information Institute White Paper--Costs of Convective Storms Are Rising
May 08, 2020
May 08, 2020
NEW YORK, May 8 -- The Insurance Information Institute issued the following news release:
Severe convective storms--tornadoes, hail, thunderstorms with lightning, and straight-line winds--are among the biggest threats to life and property in the U.S., according to a white paper released by the Insurance Information Institute (Triple-I).
"Convective storms were among the costliest natural catastrophes for insurers in 2019, and the start of this year's tornado season . . .
Severe convective storms--tornadoes, hail, thunderstorms with lightning, and straight-line winds--are among the biggest threats to life and property in the U.S., according to a white paper released by the Insurance Information Institute (Triple-I).
"Convective storms were among the costliest natural catastrophes for insurers in 2019, and the start of this year's tornado season . . .