I.I.I. Doubles Storm Loss Estimates

By Mark E. Ruquet

NU Online News Service, May 14, 10:50 a.m. EDT?Estimates on the damage from tornadoes that have ravaged the Midwest over the last two weeks have doubled to close to $1 billion, making it possibly one of the worst storm events in history, according to the Insurance Information Institute Inc.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.