Tornadoes, Storms Wreak $700 Million Loss

NU Online News Service, May 23, 2:31 p.m. EST?Tornadoes and thunderstorms that ripped through 17 states and did their most damage in Midwest and Mid-Atlantic areas from April 27 to May 3 caused an estimated $700 million in insured property losses, ISO said today.

The calculation came from the Property Claim Services unit of the Insurance Services Office, Inc., based in Jersey City, N.J.

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