A massive line of storms packing hail, lightning and tree-toppling winds rolled through the Midwest on June 12 in the evening, driving people into basements for shelter, tearing down power lines and causing flooding in low-lying areas. Forecasters predicted that …
Insured losses from a round of summer storms in late June and early July have risen to more than $400 million, a state-based insurance information group reported. Property casualty insurers are reporting losses of at least $433.5 million from the …
Virginia is seeking federal disaster assistance for the estimated $27.5 million spent by the state and local governments to respond to late June wind and thunderstorms that left 15 dead and 1.3 million utility customers without power.Gov. Bob McDonnell said …
U.S. severe weather insurance losses were close to $2 billion in June, according to Aon Benfield’s Global Catastrophe Report. Published by Aon’s Impact Forecasting, the report analyzes the natural disaster events that occurred across the United States and worldwide during …
As the mid-Atlantic states continue to recover from last week’s destructive “derecho” storm system, insurance claims have been pouring in by tens of thousands. In Maryland, approximately 22,000 derecho-related claims have been filed by Maryland policyholders as of July 5, …
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