The North Dakota Department of Insurance reported that the Bismarck/Mandan-area storm that occurred on June 17 is developing into one of the largest claim events for 2016 in state, which has experienced several severe weather events this spring.
So far, eight of the top 10 insurers have reported $39,029,080 in damages to private property owners.
Additionally, the Insurance Department’s Fire and Tornado Fund has been notified by five Bismarck area state and political subdivisions of damages to public facilities which adds to the already mounting claims from previous June storms elsewhere in the state.
The Fund expects almost 100 claims and millions of dollars in damages from previous storms.
The storms, which have been rolling across the state over the last week, have done damage in varying degrees from Bismarck to New England to Grafton.
“There are significant reports of damage to homes, cars, commercial and public buildings,” Hamm said. “Insurers have already brought in adjusters from across the region to start working claims and we encourage policyholders to contact them immediately after finding damage.”
Source: North Dakota Insurance Department
Topics Windstorm
Was this article valuable?
Here are more articles you may enjoy.
China Plans $29 Billion Capital Injection Into Biggest Insurers
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July
GEICO Settles Call-Center Worker Suits for $940,000; Attorneys Get Half 

