Denver storm losses estimated at record $1.4bn
The Rocky Mountain Insurance Information Association has
estimated insured losses from the hailstorm that hit Colorado's
Front Range region on 8 May at $1.4bn, making it the state's
costliest catastrophe to date.
So far, more than more 150,000 car insurance claims and 50,000
homeowners' insurance claims have been filed in relation to the
storm, the association said.
The event is set to surpass the historic storms of 20 July 2009
and 11 July 1990, which caused insured losses of $845.5mn...
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