The insurance industry is facing a significant rise in roof-related claims. The combination of increasingly severe weather events, inflation-driven repair costs and the growing issue of roofing scams has created a perfect storm—one that is straining insurer portfolios and impacting …
Heavy rains and flooding across Australia’s southern state of Victoria has damaged crops and stranded cattle as a months-long run of wild weather on the nation’s east coast leaves a trail of destruction. Severe storms have lashed Victoria since October, …
The same artificial intelligence technique typically used in facial recognition systems could help improve prediction of hailstorms and their severity, according to a new study from the National Center for Atmospheric Research (NCAR). Instead of zeroing in on the features …
Mark Twain purportedly said, “Everybody talks about the weather, but nobody does anything about it.” An electronics engineer who moved to the Dallas area from Chicago decided that he had to do something about Texas’ stormy weather after both his …
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country’s losses from hail breached $19 billion in inflation-adjusted …
The insurance costs for the monster hailstorm that pounded Colorado’s Front Range on May 8, 2017 have skyrocketed from an initial estimate of $1.4 billion to $2.3 billion – maintaining its infamous ranking as Colorado’s most expensive insured catastrophe. The …
Wind gusts of up to 72 miles per hour and hail as large as grapefruit struck the Midland/Odessa area last Wednesday. Thousands of West Texans were waking up to damaged roofs and automobiles with shattered windshields. Insurance company catastrophe teams …
Officials in some Idaho counties are declaring a state of emergency after ill-timed hail storms and several days of rain-damaged crops. Clearwater County commissioners in northern Idaho declared a state of emergency earlier this week after farmers on the Weippe …
A surge in demand for roofing permits that began in Hutchinson, Kansas, after a July 23 hailstorm appears to be coming to an end. Nearly 2,000 new roofs, with a value of just under $24 million, have been installed since …
Farmers in Gallatin County are eligible for federal disaster assistance after an Aug. 1 hailstorm caused up to $50 million in crop losses. The U.S. Department of Agriculture declared the Montana county a disaster area on Wednesday after the storm …