Updated U.S. Winter Storm Model Predicts Significant Insurance Losses

An updated winter storm model from Verisk Analytics indicates that insurance losses in 14 states, ranging from Texas to Massachusetts, could each exceed $50 million. According to Jin10, this early analysis highlights the potential financial impact of severe winter weather across a significant portion of the United States. The model's findings underscore the importance of preparedness and risk management for insurers and residents in these regions.