Farmers Insurance has estimated an overall loss of $90 million resulting from severe weather that moved through portions of Texas, Oklahoma and Missouri at the end of December.
The region experienced heavy rain, strong winds and hail. Multiple tornadoes in North Texas area caused the most damage.
Farmers reports more than 3,900 claims filed already and anticipates another 4,000 claims as a result of the storms.
Source: Farmers Insurance
Topics Profit Loss Windstorm Agribusiness
Was this article valuable?
Here are more articles you may enjoy.
County Approves New $2.3B Stadium Project for Tampa Bay Rays
Lockton Named in NBA Investigation Into Clippers Salary Cap Circumvention
Florida Citizens Awards Commercial Clearinghouse Management to Bridge Specialty
Global Insured Catastrophe Losses Expected to Average $171 Billion Annually: Verisk 

