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Pedestrians walk by the debris of vehicles and homes in front of Enterprise High School in Enterprise, Ala. on Thursday March 1, 2007, after a suspected tornado destroyed many homes and part of the school. (AP Photo/Mari Darr Welch)

Each year in the U.S., 1,200 tornadoes on average kill 60 people, injure 1,500, and cause roughly $400 million in damages, putting long-term average tornado losses on par with hurricanes, according to a new report by Lloyd’s of London.

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