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    U.S. Storm Losses Up to $5.5 Billion

    The storm that hit the Southern and South Eastern United States recently has killed, injured, and left many residents helpless without food, shelter, or any personal belongings. The storm hit a week ago without forewarning and many are just now realizing the extent of the damages that surround them. Emergency relief efforts are continuing to be made, clearing debris, helping homeless with shelter and food, and plans being implemented for the future of the wounded cities.

    Insured loss estimates from the storms that hit the Southern and Southeastern United States in late April total between $3.7 billion and $5.5 billion, says catastrophe modeling firm AIR Worldwide.

    Insured losses account for damages to residential, commercial and industrial properties and their contents, as well as damage to automobiles resulting from severe storms from April 22-28, 2011.

    Tough times are still ahead for the South and South Eastern states and we wish them a healthy and quick recovery.

    Source:

    Insurance Journal

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     Mike Spicer / 714-255-5650 / mike@allcountyins.com

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