total losses News

Alabama’s Oldest Mill Appears to be Total Loss After Fire

One of the oldest mills in the state has burned to the ground. Butler’s Mill, which was operational as recently as 2015, caught fire Monday. The building appears to be a total loss. AL.com reports Butler’s Mill was originally built …

Dallas-Area Tornadoes Account for a Big Chunk of December Insured Losses in U.S.

A recently released report shows that damage estimates from the natural disaster events that occurred in the United States in December 2015 will amount to more than $4 billion. Aon Benfield’s catastrophe model development team, Impact Forecasting, Global Catastrophe Recap …