April CAT Storm Insured Loss Put At $1.2 Billion

NU Online News Service, April 25, 11:53 a.m.EST--The early April weather catastrophe that clouted 10states with heavy snow, high winds and other severe conditions willcost insurers an estimated $1.2 billion for property-loss claimsInsurance Services Office Inc. said.

ISO in Jersey City, N.J. said the figure is based on preliminaryestimates from its Property Claim Services unit.

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