Midwest derecho pushes 2026 US storm losses past $35 billion, brokers say

Aon and Gallagher Re both put the August derecho's losses in the single-digit billions, pushing this year's total well past last year's pace

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.