Tag: Damage from Storms
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Unprecedented $34 Billion in Insured Losses: Escalating Damage from Storms Shakes U.S. Economy
The surge in severe thunderstorms, propelled by climate change, has led to an unprecedented level of economic damage in a condensed timeframe. Swiss Re Group reports an extraordinary financial toll of $34 billion in insured losses due to damage from storms in the U.S. during the first half of this year Convective storms, which encompass…