Even though preliminary figures are not even available yet, the Insurance Services Office Inc. has labeled the tornadoes that hit 14 Midwestern states an insurance catastrophe, meaning that insured damages are expected to reach at least $25 million.
Estimates are that insured damages will far exceed that figure, however.
Was this article valuable?
Here are more articles you may enjoy.
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG 
The Hartford CEO Takes Lead in Shaping the City of Hartford’s Future 
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance 
Ozempic Users in Denmark Win Eye-Disease Payout 
