image credit: Pixabay

Billion dollar losses possible from night of large hail in Oklahoma & Texas

April 29, 2021

Once again a large hail storm event looks set to drive at least economic losses towards the billion dollar mark, perhaps insurance and reinsurance market losses too.

Last night, areas of Oklahoma and Texas experienced severe convective storms that drove large hail into metro areas, with hail stones of three-inches diameter and greater reported in some areas.

The areas impacted the most appear to have been Norman in Oklahoma, towards the south of Oklahoma City, as well as communities around Fort Worth and San Antonio in Texas.

Read More on Artemis BM