Colorado hailstorm to cost insurers $353mn

A hailstorm that struck Colorado Springs on 28 July could land
insurers with a claim of $352.8mn, according to a statement from
the Rocky Mountain Insurance Information Association (RMIIA).
The trade body said on 22 August that the figure consists of an
estimated 32,300 property claims, which could amount to $188.2mn,
and 51,300 auto claims that it forecasted at $164.6mn.
This would make the event the sixth most costly to ever hit the
state in real terms.
The RMIIA said...