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First-Quarter Losses Top $1.2 Billion

The quarter's costliest event occurred in early March, when tornadoes raked areas of Alabama and Georgia.

By Staff Writer | Updated on May 30, 2007

Severe tornadoes in several southern states helped push insured catastrophe losses to more than $1.22 billion during the first quarter of 2007, according to ISO’s Property Claim Services (PCS) unit.

PCS also estimated that the four winter storms and three severe weather events produced nearly 204,000 claims in 18 states, ranging from California to Florida during the period.

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