Dallas Tornadoes Cause up to $500M Insured Loss

The tornadoes that ripped through the Dallas-Ft. Worth area last week caused up to $500 million in insured losses, a group representing Texas and Oklahoma insurers said.

By Reuters | Updated on April 10, 2012

April 10 (Reuters) – The tornadoes that ripped through the Dallas-Ft. Worth area last week caused up to $500 million in insured losses, a group representing Texas and Oklahoma insurers said.

Customers have already filed $300 million in claims, with many more filings likely, the Southwestern Insurance Information Service said. It based the figures on reports from its member insurance companies.

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