BOSTON—Massachusetts Insurance Commissioner Joseph G. Murphy said the insurance industry, as it has repeatedly, responded well to the terrorist bombings during the Boston Marathon earlier this year.
As it did in reaction to tornadoes in 2011 that affected the central and western part of the state and caused $200 million in losses, or Superstorm Sandy, or major snow last February, the industry "stepped up to the plate and made clients whole," Murphy said here at the PCI Annual Meeting.
According to the most recent data calls insured losses to the P&C industry were about $2.5 million. Health insurance claims total about $23 million.
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