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Hail shifts from secondary peril to major catastrophe loss driver: Cotality

  Artemis
A new report from Cotality warns that hailstorms can now produce insured losses comparable to a category 4 hurricane, with the firm highlighting that hail is beginning to shift from a secondary peril to a major driver of catastrophe losses, with implications for homeowners, carriers and reinsurers across the property market.Data from the report reveals that more than 43.5 million U.S. properties are at moderate or greater risk from damaging,.. Read More

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