NU Online News Service, Jan. 24, 12:00 p.m. EST

Catastrophe modeler Eqecat Inc. says insured losses from a series of southern storms should stay “well below” $100 million.

Eqecat says 21 tornadoes were reported Jan. 22 in Arkansas, Mississippi and Alabama and strong winds extended to Georgia, Tennessee, Kentucky and Indiana. Then, early on Jan. 23, two tornadoes struck Alabama.

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