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Severe convective storms — also known as severe thunderstorms — caused tens of billions of dollars of insured losses across the U.S. in 2023.
Tornadoes, straight-line winds (including derechos) and hail are the damage-causing agents of severe thunderstorms, but it was the latter that dominated the loss landscape in 2023.
Hail of at least one inch in diameter battered more than 10 million homes across the U.S. Two million of those homes were in Texas alone.
Historically, risk managers have considered severe thunderstorms a secondary peril given the high-frequency but low-severity nature of these events. However, hail is quickly becoming an expensive peril that should be modeled with the same scrutiny as the “big ones” like hurricanes and earthquakes.
In 2023 there were 141 days with large hail (greater than two inches), which is more days than any year since 2003. Insured loss figures have also been increasing. This significant increase is the result of two interrelated factors: climate patterns and the increasing scale of homes.
2024 SCS Risk Report
There is a direct link between a warming atmosphere and weather pattern volatility. Annual or multiannual climate phenomena, such as the shift to El Niño during the spring of 2023 following multiple years of La Niña, likely influenced last year’s severe convective storm activity. This influence was compounded by record-breaking sea-surface temperatures and the subtropical jet stream, a belt of winds located within the tropics.
While the evidence to connect weather patterns and the number of intense storms is compelling, it is difficult to determine if long-term atmospheric changes are the primary driver of increased severe thunderstorm activity without a more extensive historical record.
Nevertheless, it is important to recognize that evolving climate risk is changing historical patterns, and as a result, has the potential to influence the impacts that severe convective storms can have on properties in future climate scenarios.
In conjunction with the volatile climate, more people are moving to hail-prone areas like Texas due to the allure of more affordable homes.
“Given how expansive Texas is, it is way more likely hail falls on the ground avoiding homes, office buildings or farms,” said CoreLogic’s Director of Catastrophe Response Jon Schneyer. “But in 2023, many of the largest hailstorms happened to hit major cities in Texas like the Dallas-Fort Worth and Austin areas. When that happens, losses can add up quickly.”
Texas has been attracting newcomers due to its low cost of living, strong economy, and job opportunities. Historically, substantial portions of Texas were sparsely populated, especially in the rural areas where hail is more frequent and severe. However, in recent years, the urban and suburban areas of Texas have been expanding rapidly, creating more demand for housing and infrastructure.
According to a CoreLogic economic analysis, Texas has been home to some of the fastest-growing cities over the past five years. In 2019, and again in 2020, more people moved to Austin than left the metro area. While this trend flipped from 2021 to 2023, there was a strong inter-metro migration pattern from Austin to San Antonio, which saw the fourth-largest influx of residents in 2023. Similarly, Houston grew rapidly and had the third-highest rate of in-migration in the U.S.
Despite the increasing number of migrants to this low-cost state, both construction and labor costs are going up. This means that even in Texas, houses are getting pricier. They are also bigger.
Across the U.S., the size of single-family homes has increased in the decades following 1980. In 1985, U.S. Department of Housing and Urban Development data showed that the median square footage for single-family homes was 1,610. By 2022, the median size of a new, single-family home was 2,383 square feet, according to the U.S. Census Bureau. This means that more roof area, windows, and siding are exposed to hail impacts. And the materials for these repairs are increasing in price.
“Areas where people are building bigger, more expensive homes were hit hard,” Schneyer said. “On top of that, inflationary pressures on materials and labor are really driving up individual claims. What might’ve been a $2,000 to $4,000 roof repair 10 years ago could be twice that or more now. So that will really inflate insured losses.”
Inflation has also played a role in driving up the costs of reconstruction, although it has stabilized in recent months. However, asphalt shingles, one of the most common roof-type materials used throughout the U.S., experienced a 40% cost increase over the past five years. Similarly, the cost of ceramic tiles increased by 26% since 2018.
Compounding the increasing square footage that is exposed to Texas weather hailstorms is the challenge associated with finding skilled labor to make the necessary repairs. Since the Great Recession of 2006 – 2010, there has been a persistent reduction in employees entering the construction trades. The result is that the pace of labor attempts to match demand but is perpetually racing to catch up, allowing for premium prices to dominate the market.
Further straining the equation for insurers is the fact that hail is a year-round risk. In May, Texas faced a slew of storms in the lead up to June when CoreLogic estimated that in one week alone, straight-line winds and hail generated between $7 billion and $10 billion in insured losses. Then in September, a hailstorm hit the greater Austin metro with hail stones the size of softballs barreling down on the highly populated area. October then brought large hail to the Lubbock area.
The unprecedented scale of insured losses has insurers and homeowners across the U.S. reconsidering the risk associated with these seasonal storms.
One opportunity to help reduce the vulnerability of its homes to hail damage and lower the costs of reconstruction associated with severe convective storms is the implementation of building codes.
By implementing and enforcing stricter building codes, insurers writing in Texas can gain assurance that mitigating measures — such as using impact-resistant roofing materials, reinforced windows, and durable siding — are routinely recognized.
Research, property data, stringent building codes, and a commitment to preparedness are all lessons that insurers and homeowners can glean from 2023 to get ready to mitigate property risk for the 2024 season.
2024 SCS Risk Report
The CoreLogic statements and information in this blog post may not be reproduced or used in any form without express written permission. While all the CoreLogic statements and information are believed to be accurate, CoreLogic makes no representation or warranty as to the completeness or accuracy of the statements and information and assumes no responsibility whatsoever for the information and statements or any reliance thereon. CoreLogic® and Marshall & Swift® are the registered trademarks of CoreLogic, Inc. and/or its subsidiaries.
U.S. Sen. Ted Cruz warned on Saturday that Democrats would dismantle Republican victories and try to impeach President Donald Trump if they win control of Congress in November.
Speaking to the Conservative Political Action Conference in Grapevine, Cruz said Republicans have gained historic victories, from a sweeping crackdown on immigration to changes in the tax policy, since Trump took office in January 2025.
Democrats, Cruz said, “want to tear this country down.”
Cruz was among a slate of Texas lawmakers and politicians to address CPAC, one of the most influential conservative gatherings in the country, on the final day of the conference. They sought to frame Texas as both the nation’s leader and its ideological brainchild.
Cruz portrayed the Republican party as a group of blue-collar workers and populists, blasting Democrats as coastal elites who are out of touch with the average American.
Sen. Ted Cruz, R-Texas, pauses as he shares his remarks during the final day of the Conservative Political Action Conference, on Saturday, March 28, 2026 at Gaylord Texan Resort and Conference Center in Grapevine.
Shafkat Anowar / Staff Photographer
The senator did not mention Democrat James Talarico, a Texas state representative who is running to flip the Senate seat currently held by incumbent John Cornyn. Instead, he singled out California Gov. Gavin Newsom, who he joked “should be named Texas realtor of the year.”
“Nobody in history has sold more homes in the state of Texas than Gavin Newsom,” Cruz said.
Cruz is considered a potential Republican contender to run for president in 2028; Newsom is one of the leading contenders on the Democratic side.
In his address Saturday, Cruz repeatedly praised Trump — who skipped CPAC this year for the first time in a decade — on foreign policy, jobs and economic prosperity and national security.
“The world is safer when the president is strong and our enemies are afraid,” Cruz said.
Republicans could face a difficult landscape in November, with the party in power typically losing seats in the House of Representatives and often the Senate in midterm elections. A Reuters/Ipsos poll in March found Trump’s approval rating fell to 36%, the lowest number since he returned to the White House in January 2025.
In a statement, the Democratic National Committee’s rapid response director Kendall Witmer said rising gas prices, the Iran war and Trump’s tariffs have soured voters on Republicans.
“Donald Trump has broken one promise after another — and even his own supporters are fed up,“ Witmer said. ”Trump told Americans he would lower prices, create jobs, and put an end to forever wars — and he’s delivered on none of it.”
A group of attendees watch as Senator Ted Cruz, R-Texas, speaks during the final day of the Conservative Political Action Conference, on Saturday, March 28, 2026 at Gaylord Texan Resort and Conference Center in Grapevine.
Shafkat Anowar / Staff Photographer
Former U.S. Rep. Mayra Flores, who represented South Texas, said Republicans will lose in November if they do not make inroads with Latino voters, who she called the “future of the Republican party.” Flores urged the Trump administration to hire a Hispanic outreach coordinator.
“There is no future for the Republican party if we do not invest in the Hispanic community,” Flores said to little applause. “We are people of faith, family and hard work.”
U.S. Rep. Keith Self, a McKinney Republican, said the GOP must ban Sharia, the moral code laid out in Muslim scripture. Like many at the conference, Self warned that Sharia was seeping into Texas and the country, posing a risk to Americans.
Texas Lt. Gov. Dan Patrick has said “preventing Sharia law” in Texas will be among his major priorities for the next legislative session.
“Sharia has no place in America,” Self said, calling it a “religion of the sword.”
In previous statements, the Texas chapter of the Council on American-Islamic Relations has accused state leaders of a “publicity stunt” and “inventing imaginary threats.”
One speaker after another stressed the importance of Texas to the country’s future. On Friday, Trump ally Steve Bannon called Texas the “crown jewel of the union.”
“Where Texas goes, so goes the nation,” Bannon told the crowd to cheers. “And where the nation goes, so goes the world.”
FORT WORTH, TX — When she’s not on the court, Texas forward Justice Carlton is baking cookies.
If you’re wondering if they’re good, just ask her teammates.
“They’re the best thing I’ve ever tasted,” senior Sarah Graves said.
What started as baking for her teammates and managers for fun has grown into a full-fledged business: J’s Rollin In Dough.
After hours of practice on the basketball court and in the weight room, Carlton spends six hours a day baking cookies to fulfill her orders – or sometimes, simply for fun.
“Anytime that I get out of practice around 5 I’m so happy because I just go home and bake,” Carlton said.
Carlton’s love for baking dates back to her childhood.
“My mom worked over the summers, so when we were out of school it was so boring,” she said. “But the Easy-Bake Oven and the cake pop machine saved my life.”
Over winter break, she and her mom began discussing the possibility of creating a business of her own. They decided she could use her NIL money to form a limited liability company and obtain her food handlers license, so she did just that.
In just three months of business, she’s received more than 100 orders and has gained nearly 1,200 followers on Instagram. She takes orders through a form linked in her Instagram bio.
“It’s funny to see athletes do other things they are passionate about because they put the same focus and intensity into it,” Graves said. “And I can tell she has that for baking.”
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Last month, Carlton baked a batch of cookies for the “College Gameday” staff in hopes of gaining some media attention. The following month, the SEC Network staff ordered a batch at the SEC tournament and tried the cookies on live TV.
“I used basketball as my platform, which (associate director of communications Jeremy Rosenthal) really helped me do,” she said. “I’ve just kind of been getting my name out there, so that’s been something that’s really fun.”
The flavors offered are chocolate chip, cookie monster, cookies n’ cream, red velvet, brown butter salted caramel snickerdoodle and her newest flavor, sugar cookie. She also takes requests.
“She made a banana pudding cookie recently,” freshman Aaliyah Crump said. “I think that one was my favorite.”
While many of her orders come from her teammates, she recently received an order from the Longhorns football team for a team party and for a neuroscience class celebration.
In the future, Carlton hopes to move her business outside of the kitchen and onto the streets.
“I’ve put all my sales money aside and I want to start a food truck,” she said. “I think I would do something like a Crumbl Cookies on wheels.”
For now, Carlton has turned the oven off while she and the Longhorns prepare to face Kentucky in the Sweet 16 on March 28.
Ansley Gavlak is a student in the University of Georgia’s Carmical Sports Media Institute.
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