New Paper: Hail Storm Trends

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Insurance costs related to life and property damages caused by extreme weather events have been steadily rising in the United States and elsewhere; and it is not uncommon for many in the insurance industry and government to place the blame for this development on what they claim are significant increases in the frequencies and intensities of severe weather events, since climate models suggest that these phenomena should be increasing as a consequence of CO2-induced global warming. But is this explanation correct? The following material reviews this question as it pertains to hail storms.

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