Texas homeowners' hail losses top $5bn for 2016

Hailstorms that hit the Lone Star State resulted in a record of
over $5bn in residential losses last year, the Insurance Council of
Texas said today, citing data collected by state regulators.
Combined with over $910mn in losses from windstorms, including
tornadoes, the $5.9bn in losses for 2016 were more than double the
$2.5bn recorded in the previous year.
Hail losses alone last year easily surpassed the annual record
set in 2015 for such events at about $1.9bn, the council...