US lightning-related insurance claims down 16.5% in 2024: Triple-I
Reinsurance News - Jun 20, 2025
U.S. insurers paid $1.04 billion in lightning-related homeowners insurance claims in 2024, marking a 16.5% decrease from the $1.24 billion paid in 2023, according to the Insurance Information Institute (Triple-I). The total number of lightning-caused claims fell to 55,537 in 2024, down 21.5% from 70...
Recommended Articles
Posted: Sep 25, 2025
The US property and casualty (P&C) insurance industry generated a record $89 billion in investme...
Posted: Sep 25, 2025
Ryan Specialty, an international specialty insurance firm, has launched Clach Casualty Underwriting...
Posted: Sep 25, 2025
Spanish insurer MAPFRE has announced an update to its innovation model, aiming to increase agility,...