Discover how lightning-related insurance losses have surged by 146.9% since 2017, highlighting challenges for homeowners insurance underwriters and rising claim costs.

Allstate reports $925 million losses from severe weather, stressing need for updated underwriting strategies in personal lines insurance amidst ongoing challenges.

Fitch Ratings estimates $4-$7 billion in insured losses from Winter Storm Fern, affecting the insurance landscape and risk management strategies.