While insurers indicated that it is too early to estimate losses resulting from the recent tornado activity in five southern states, State Farm reported that it has already received claims from around 2,500 policyholders in Tennessee and Kentucky.
“We are certainly mobilizing in the area,” said State Farm spokesman Fraser Engerman. “We have members of our National Catastrophe Services team on the ground in Kentucky and Tennessee in addition to our agents and employees who are based there permanently.”
Mr. Engerman said he did not yet have an estimate on what losses would be with respect to dollar amounts, and he did not know the extent of property destruction. “Keep in mind it's so very early,” he said.
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