Golf ball-sized hail — along with strong winds — recently caused damages across the Denver area that totaled $350 million in insured losses. The storm uprooted trees, cut off power to many homes, and did serious damage to cars, sheds, and anything else located out in the weather.

An estimated 32,900 of the nearly 52,400 claims that have been made so far are homeowners’ insurance claims. “This summer, Mother Nature has reminded Coloradans that we live in ‘hail alley,’ where strong storms can cause hundreds of millions of dollars in insured damage,” said Carole Walker, executive director of the Rocky Mountain Insurance Information Association.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.