March 31, 2015
Property data and analytics firm CoreLogic has introduced new wind verification technology designed to improve the accuracy and timing of insurance claims related to severe wind damage. The new technology combines proprietary three-dimensional storm models, storm-tracking models and artificial intelligence …
March 13, 2013
Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to use new endorsements, one for homeowners and another for commercial roofs, that are becoming available. The two organizations that standardize …
March 30, 2011
State Farm reported damage caused by wind and hail cost the company and its policyholders more than $3.2 billion in 2010. The states with the most wind/hail losses include: Illinois —44,000 claims, average cost per claim $8,150 Texas —36,000 claims, …