Posted on 09/02/2024 8:01:26 AM PDT by Oldeconomybuyer
The sudden, percussive crackle came as Barb Berlin was standing in the garage of her farmhouse near Inman, Nebraska.
“I thought it was a gun,” she said.
Then came a streak of white. She realized the sound wasn’t gunfire but hail.
This year, amid a spring and summer of extreme weather, hail — not hurricanes, floods or tornadoes — has caused the highest damage costs in the U.S., according to Gallagher Re, a global reinsurance firm that tracks such data.
And research suggests that large hailstones like the ones Berlin saw Monday will become more common as Earth warms. That was the finding of a study published last month, which suggested that the likelihood of smaller, less-damaging hailstones will decrease.
The study by Northern Illinois University researchers projects that the frequency of hailstones roughly 1½ inches or larger will rise by 15% to 75%, depending on how much greenhouse gas pollution humans emit.
The prospect of bigger hail, which is already one of the costliest weather hazards in the U.S. and a key factor driving up insurance premiums, will only intensify those issues.
“Thunderstorm losses are a really, really big piece of why premiums continue to go up and why there’s this massive reassessment of risk by not just the insurance industry, but banks and the federal government,” said Steve Bowen, chief science officer for Gallagher Re.
(Excerpt) Read more at nbcnews.com ...
And with it more insurance fraud.
In spades, buckets and dump trucks!!! This has the flavor of greasing the skids for ins policy rate increases….in a not so subtle way.
I’m rootin’ for hail the size of butterball turkeys.
HOW much will insurance rates rise when the Insurance companies realize that ALL the new refrigerators have coolant that is FLAMMABLE???
ISOPROPANE is replacing Freon.
I sent the FR article to MY insurance agent-—AND asked IF ANY INSURANCE COMPANIES were consulted BEFORE this change???
Snowflakes, too.
has caused the highest damage costs
They never look at the system, just one little thing that fits their thinking.
Revelation 16:21
https://www.biblegateway.com/passage/?search=Revelation%2016%3A21&version=NIV
From the sky huge hailstones, each weighing about a hundred pounds, fell on people. And they cursed God on account of the plague of hail, because the plague was so terrible.
This has become something well beyond absurd. Not sure what that would be, insane?
Pure garbage speculation, based on numerous assumptions.
Or they may not.
Won’t they melt before they hit the ground?
Science proves the cure is giving up freedom and prosperity forever and being ruled by criminal gangs who hate you.
I saw softball sized hail 35 years ago.
Another scare story.
lol, as the left likes to say science is science. It’s easier than actually coming up with proof or at least a plausible argument.
You get the $cience you pay for.
But here's the issue....we have no way to know how big hail was in 1910.
So we really cannot say.
Wow....talk about covering your butt both ways.
More buildings to hit. Inflation driving up prices. It's not the storms....it's those two things driving up the costs.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.