The tornadoes that spiraled through Georgia last week during the storms on Wednesday and Thursday represented the worst outbreak of twisters since May 2008, according to preliminary assessments by the National Weather Service. The twisters packed a punch, killing one and injuring 22. Some residents saw winds of more than 160 miles per hour.

But just how costly will these events prove for insurers? John W. Oxendine, Georgia's insurance commissioner, spoke to the likely insured losses after surveying damages and speaking with residents in Jasper, Putnam, and Hancock counties, three of the 13 counties in the state affected by the recent twisters.

"I believe claims will easily reach $25 million," he said. "Actual losses are much higher when you consider things like infrastructure damage and uninsured losses."