Hail in Texas and Oklahoma a ‘billion dollar’ loss event: BMS
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Hail in Texas and Oklahoma a ‘billion dollar’ loss event: BMS

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A series of devastating hailstorms has struck Texas and Oklahoma in what BMS meteorologist Andrew Siffert has described as a “billion-dollar hail loss event” for insurers.

Siffert said on Tuesday that while hailstorms were a common spring weather event, to have a trio of hailstorms around San Antonio and Fort Worth in Texas and Norman, Oklahoma’s third largest city, at the same time, was “certainly...

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