Georgia’s state insurance commissioner said the estimate to repair damage from Friday’s storms has hit $40 million in insured losses.
Commissioner Ralph Hudgens said in a statement Tuesday the figure is preliminary. He said it takes weeks to fully assess the extent of damage.
The National Weather Service has said an EF-3 tornado with winds up to 165 mph hit Haralson and Paulding counties, causing damage over a 29-mile path. The weather service has said an EF-1 tornado with winds estimated at 100 mph hit the ground in east Cobb County.
Fourteen homes were destroyed and dozens of others were damaged in Paulding County. Paulding Northwest Atlanta Airport director Blake Swafford said damage there is expected to reach at least $7 million.
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators
Allstate Doubles Q4 Net Income While Auto Underwriting Income Triples
What Analysts Are Saying About the 2026 P/C Insurance Market
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 

