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The Independent UK

National

Damian J. Troise

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

Hurricane CFRA Insurance Progressive United States Hurricane Beryl AllState NOAA Texas

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Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response.

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Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

Support trulyindependent journalism

Support truly
independent journalism