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.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.