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Best’s News & Research Service subscription required - May 22, 2025 03:26 PM (EDT)

Industry Watchers Anticipate Potential $7 Billion Loss, Underwriting Changes After Severe Storms

Severe convective storms that roiled largely central states with devastating tornadoes and hail in mid-May likely caused a $4 billion to $7 billion industry loss, according to Gallagher Re Chief . . .

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