If there was one bright spot in the by-peril trends, it was with hail claims. While costs associated with hail-related losses increased between 2016 and 2017, the frequency of hail-related claims decreased to 2012 baseline levels. (Photo: Shutterstock) If there was one bright spot in the by-peril trends, it was with hail claims. While costs associated with hail-related losses increased between 2016 and 2017, the frequency of hail-related claims decreased to 2012 baseline levels. (Photo: Shutterstock)

Extreme weather events continue to intensify, leading home insurers to develop new services and rating plans to keep their books of business more accurately priced for risk. The latest research shows an increase in both the number of losses and the percentage of losses that resulted from extreme weather events.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Agency Management
E&S/Specialty Lines
Personal Lines
Catastrophe & Restoration
Weather Risk
Analytics & Data