June hailstorm in Texas drives insured losses of over $1 billion: KCC

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Reinsurance News - Jun 16, 2023

Catastrophe modeller Karen Clark & Company (KCC) has estimated that the June hailstorm in Texas has caused insured losses of over $1 billion. “From June 10th to 13th, a stationary frontal boundary from Texas to Georgia divided a warm, humid air mass over Texas from a cooler, drier one acro...

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