April CAT Storm Insured Loss Put At $1.2 Billion
NU Online News Service, April 25, 11:53 a.m. EST--The early April weather catastrophe that clouted 10 states with heavy snow, high winds and other severe conditions will cost insurers an estimated $1.2 billion for property-loss claims Insurance Services Office Inc. said.
ISO in Jersey City, N.J. said the figure is based on preliminary estimates from its Property Claim Services unit.
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