Hailstorms now rival Cat 4 hurricanes in financial losses: Cotality

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Reinsurance News - Mar 25, 2026

Hail has now become a leading driver of insured losses, with modern storms now able to cause financial losses comparable to a Category 4 hurricane, a recently published Cotality report has revealed. For insurers and reinsurers, this shift demands a move away from historical data averages toward prop...

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