Insurance industry to gain new insight on the risks of hailstorms The insurance industry may not be able to control the weather, but it does have the capability to replicate some natural disasters in order to better understand their impact on property. The Insurance Institute for Business and Home Safety, an organization devoted to researching the risks associated with natural disasters, has created a full-scale hailstorm inside of its laboratory located in South Carolina. Creating the hailstorm is part of the organization’s ongoing effort to understand the effects of natural…
Read MoreInsurance industry may benefit from manufactured hailstorm
