Denver Hailstorm Is Costliest Ever For Colorado

  Thursday, May 25th, 2017 Source: The Denver Post

The hailstorm that pounded west metro Denver with golf ball- and baseball-sized stones on May 8 will rank as the most expensive catastrophe in state history, according to estimates Tuesday from the Rocky Mountain Insurance Information Association. The insurance industry trade group estimates that more than 150,000 auto insurance claims and more than 50,000 homeowners insurance claims will be filed, resulting in $1.4 billion in insured losses. “It isn’t an exact science, and we try to be conservative,” said Carole Walker, executive director of the trade group. “The cost of claims will likely go up.”

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