A new report warns that climate change could make Colorado hailstorms more destructive, adding to already billions of dollars in annual hail-related losses in the state. The article highlights the risk of higher insurance costs for homeowners as weather-related damage worsens. The market impact is limited but negative for insurers and property owners exposed to Colorado catastrophe risk.
A new report warns that climate change could make Colorado hailstorms more destructive, adding to already billions of dollars in annual hail-related losses in the state. The article highlights the risk of higher insurance costs for homeowners as weather-related damage worsens. The market impact is limited but negative for insurers and property owners exposed to Colorado catastrophe risk.
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