Kansas Insurance Commissioner Sandy Praeger said the 2003 storm season in Kansas produced more than $215 million in losses of insured property and crops during April through June.
“We saw a lot of damage in a relatively short amount of time,” said Commissioner Praeger. “Unfortunately, I expect the loss estimate to increase when we receive reports for the month of July.”
Statewide property damage estimates for the month of June are $83 million, while crop damage for the month is estimated at $5 million.
“For the most part, I’m pleased with how insurance companies have responded to consumers’ losses,” Praeger said.
Topics Profit Loss Windstorm
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