Heartland Tornadoes Are Worst In Years A seriesof deadly storm cells that produced over 100 tornadoes beginningFriday, May 2, has caused considerable damage and death throughout14 states in the Midwest and South, claiming about 40 lives andobliterating towns in at least three states.
The Insurance Information Institute in New York City said itssurvey of insurers dealing in six of the states affected estimatedthe damage could run at least $325 million, making it one of thetop five costliest tornado events.
Giving a preliminary assessment of damage in just one state,Tennessee, however, adjuster R. Clay Humphries, assistant vicepresident and general manager for GAB Robins North America Inc. inParsippany, N.J., said the insured loss damage there could run intothe hundreds of millions of dollars. He said the feedback he isgetting from carriers is that insurers are already putting awayreserves in the triple-million-dollar range.
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