#hail-damage

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fromwww.housingwire.com
2 months ago

Judge denies State Farm bid to halt discovery in hailstorm lawsuit

State Farm's nationwide scheme made simple: State Farm does not define what is and isn't considered damage in its policies, raises premiums as much as possible, and if a state's insurance commissioner objects, threatens to leave the state, said lead attorney Jeff Marr. It then manipulates its internal and secret definition of damage a higher threshold means fewer indemnity payments to policyholders
Law
Environment
fromWIRED
3 months ago

'It Was Nuts': The Extreme Tests that Show Why Hail Is a Multibillion-Dollar Problem

Hail damage costs have surged to tens of billions annually, driven by larger storms, inflation, and more people living in hail-prone areas.
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