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Cat Losses Highest for Hoosiers

Indiana residents experienced more property damage than any other state last year, due largely to the fact that no severe tropical storms or hurricanes affected coastal regions.

By Staff Writer | Updated on May 30, 2007

Indiana residents experienced more property damage than any other state last year, due largely to the fact that no severe tropical storms or hurricanes affected coastal regions, the Insurance Services Office recently reported.

The Insurance Institute of Indiana said that state residents filed nearly 335,000 insurance claims and suffered about $1.5 billion in property damage due to catastrophes. There were eight major weather events that affected the Hoosier state during 2006, but a mid-April hail storm was the most damaging. This single event caused 1.3 billion in damages, which led to 282,500 claims being filed.

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