Bloomberg News

Tornadoes Fuel Almost $1 Billion in April Insurance Losses

May 03, 2012

Tornadoes in Texas and Kansas fueled almost $1 billion in U.S. insurance losses from natural disasters last month, according to Aon Plc, the world’s largest broker of coverage.

Storms in the first week of April, including those in northern Texas, generated at least 105,000 claims costing the industry more than $650 million, London-based Aon said in a report on its website today.

To contact the reporter on this story: Zachary Tracer in New York at Ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net


Race, Class, and the Future of Ferguson
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus