Severe US weather losses near $3bn in May

Severe US weather last month caused almost $3bn of insured
losses, with nearly half the damage attributed to a single
hailstorm in Colorado, according to Aon Benfield's Impact
Forecasting.
Hail the size of baseballs - about 3 inches in diameter -
pounded the Denver metro area and the Front Range region of the
Rocky Mountains in early May. Impact Forecasting said the storm led
to an estimated $1.4bn of insured losses in Colorado alone.
The storm system also hit parts...