US insurers paid out 17% less in lightning claims in 2024, still over $1bn

US insurers paid $1.04 billion in lightning-related homeowners insurance claims in 2024, a 16.5% decrease from the $1.24 billion paid out in 2023, according to the latest figures from the Insurance Information Institute (Triple-I).

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US insurers paid out 17% less in lightning claims in 2024, still over $1bn

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