"Insurers are moving toward predicting and preventing losses by advocating for resilience in coordination with the real-time application of technology," Triple-I CEO Sean Kevelighan said in a release. (Credit: pha88/Shutterstock.com)

The value of lightning-related U.S. home insurance claims dropped around 27% in 2022, totaling $952 million compared with $1.3 billion seen in 2021, the Insurance Information Institute (Triple-I).

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]