Search
 

Damages from Explosive Midwest Storm System May Top $1 Billion

The destructive storm system that pummeled the Midwest on Nov. 17 with lightning, hail, high winds and heavy rain may carry a price tag of up to $1 billion, according to Risk Management Solutions. Additionally, the storm could rank as the most expensive of the top five catastrophes of its...

By Anya Khalamayzer | Updated on December 01, 2013

The destructive storm system that pummeled the Midwest on Nov. 17 with lightning, hail, high winds and heavy rain may carry a price tag of up to $1 billion, according to Risk Management Solutions. Additionally, the storm could rank as the most expensive of the top five catastrophes of its kind to have occurred in November since 1950.

State Farm spokeswoman Holly Anderson said the insurer had received 1,800 homeowners claims in Illinois, 1,200 in Idaho and 600 in Michigan in the three days following the disaster. The Storm Prediction Center (SPC) registered 67 tornado touchdowns in several states, as well as straight-line winds of more than 85 mph and baseball-sized hail. Six people were killed, including at least five in Illinois.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.