Search
 

Second-Quarter Cat Losses Reach Estimated $1.65 Billion

During the second quarter of this year, six catastrophes affecting 23 states are expected to cost United States property and casualty insurers $1.65 billion for insured property loss claims,

By Staff Writer | Updated on February 06, 2006

During the second quarter of this year, six catastrophes affecting 23 states are expected to cost United States property and casualty insurers $1.65 billion for insured property loss claims, according to preliminary estimates from Property Claim Services.

The events are expected to generate nearly 495,000 claims, of which more than 270,000 are from homeowners. Severe weather, including high winds, hail, tornadoes, heavy rains, and flooding, caused the insured damage associated with all six catastrophes. At $295 million, Colorado topped the list of the most severely affected states, followed by Texas at $280 million, Oklahoma at $140 million, Missouri at $115 million, and Illinois at $110 million.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

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.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2025 ALM Global, LLC. All Rights Reserved.