Insurer to use cloud seeding to reduce hail-related damage

8/15/2018 6:11:00 AM

Source: Business Insurance

Swiss insurer Baloise Holding A.G. hopes to reduce hail-related claims by using a cloud-seeding plane to reduce the probability of hailstorms, reported citing Schweizer Radio und Fernsehen. Baloise is running a pilot project under which a plane sprays hail clouds with silver iodide to reduce the size of hailstones or prevent storms from occurring. Swiss insurers pay out hundreds of millions of francs every year to farmers and car owners for hail-related damage.