Massachusetts insurance officials have updated estimates on insurance claims resulting from this month’s Western and Central Massachusetts tornadoes, with 9,500 claims totaling an estimated $175 million having been reported by insurance carriers.
According to the Division of Insurance, insurance companies have received a total of 5,000 personal insurance claims, totaling $135 million. Companies have received 1,000 commercial property claims, with a price tag of $20 million. There have been 3,500 auto insurance claims filed, totaling $20 million.
Topics Catastrophe Natural Disasters Claims Windstorm Massachusetts
Was this article valuable?
Here are more articles you may enjoy.
Former Insurance Agent Sentenced to Jail for Fraud, Again 
UBS Fined $125M by US Regulators for Money Laundering Violations 
NHTSA Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks 
Zurich CEO Says Staff Let Go as Regulator Finma Imposes Partial Sales Ban 
