Floods, rain, hail and wind were the major drivers of damage and destruction in August 2013, says Aon's latest global catastrophe recap report.
Severe weather in the Midwest and the Plains early in the month included baseball-sized hail and winds of more than 80 mph, contributing to conditions that caused insured losses in excess of $625 million. The states of Minnesota and Wisconsin, which experienced an EF-2 tornado, were the hardest-hit.
"Once assessments are fully complete, it is expected that aggregate U.S. insured losses from severe weather events in the month of August will reach $1 billion," says Steven Bowen, senior scientist and meteorologist at Aon Benfield.
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