April 10, 2012
Loss estimates from the widespread tornado, high wind and hail storm activity in the Dallas-Arlington-Fort Worth area on April 3 are approaching $300 million, said one insurance industry spokesperson. That number is expected to increase as adjusters continue to reach …
April 10, 2012
When Joplin, Mo., residents approved a $62 million bond issue recently, they agreed to fund more than just new schools. The bond issue and about $122 million from insurance, donations and state and federal aid will also pay for 20 …
April 9, 2012
More than $2 million in federal aid has been approved for homeowners, businesses and others affected by southern Indiana tornadoes and other storms earlier this year. The Federal Emergency Management Agency says that through April 4 nearly $1.2 million has …
April 6, 2012
March was a deadly and costly month in parts of the United States. A significant severe weather outbreak affected parts of the U.S. Midwest, the Tennessee Valley and the Southeast during the first week of March, killing at least 41 …
April 6, 2012
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during March. Published by Impact Forecasting, the firm’s …
April 4, 2012
A severe line of thunderstorms and isolated super cells moved into the Dallas-Fort Worth-Arlington metropolitan area in the early afternoon on April 3 producing numerous tornadoes and large hail that was responsible for extensive damage throughout the region. Preliminary storm …
April 2, 2012
Southern Illinois property owners trying to rebuild after tornadoes and storms that hit in March would get a tax break under a bill passed by the Illinois House. The (Springfield) State Journal-Register reports that the bill passed March 30 would …
March 22, 2012
The southern Indiana town of Henryville has moved into the long recovery phase from March 2 tornadoes that devastated the community, and officials are urging homeowners to apply for federal aid to help speed the process along. Greg Eaton of …
March 22, 2012
United Fire Group Inc., headquartered in Cedar Rapids, Iowa, announced that it expects its first-quarter results through March to include pre-tax catastrophe losses, net of reinsurance, of approximately $13 million to $16 million. These losses are the result of several …
March 21, 2012
Officials say at least two tornadoes in the San Antonio area on March 20 damaged about 30 structures and injured at least eight people. Medina County Judge Jim Barden said that four people were hospitalized after the storms, but no …