Satellite images of Winter Storm Elliott were captured by the National Oceanic and Atmospheric Administration. (NOAA GOES 16 Satellite/Wikipedia)
December 2022 through January 2023 saw an increase in every type of loss associated with winter storms compared to the previous year, according to a recent Special Weather Report from Verisk. Freeze claims in particular increased by a staggering 428% during this period, followed by flood (+150%), collapse (+40%) and water (+26%) claims.
Recommended For You
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
Already have an account? Sign In Now
© 2025 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.