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Severe Storms Now Top Insurance Threat | Detroit News
Description
Severe convective storms like tornadoes and hail are now the costliest natural disasters globally, surpassing hurricanes and floods in insurance payouts — with 2025 alone seeing $68 billion in U.S. losses. Over the past 25 years, these storms have racked up $794 billion in global payouts, more than all other perils combined. As property values rise and storm frequency climbs, homeowners and insurers are facing a new, urgent reality.
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