“Severe convective storms are no longer a ‘secondary’ regional or seasonal concern as recent years have proved they are a year-round, record-setting insured loss challenge. The data shows addressing rising losses requires more than tracking the weather. We need coordinated action on legal system reform, smarter land use, resilient building standards, and innovative coverage solutions if we are to keep insurance accessible for the communities most at risk,” Triple-I CEO Sean Kevelighan said.
