State Farm says it has received more than 15,000 claims from the storms; North Carolina Farm Bureau Insurance says it is treating the aftermath the same as a hurricane.

Insurance bills being mulled by the North Carolina General Assembly are “all about corporate greed,” says Insurance Commissioner Wayne Goodwin.

Insurers are beginning to size up the extent of damage left in the wake of storms that produced dozens of tornadoes that struck several Central Plains states, hail that caused damage in Texas, and strong winds and lightning in Georgia.

A Texas judge has upheld an order against State Farm to refund $310 million to policyholders for alleged excessive rates from as far back as 2003.

Allstate will be charging Mississippi homeowners an average of 19.4 percent more for insurance, and State Farm received approval for an average 18.8 percent rate hike in Florida.

Wildfires continue to burn down homes in western Texas as firefighters try to wrangle 20 separate fires this week, which have consumed 1,000 acres.

Insurance companies are already handling thousands of claims in North Carolina after hundreds of tornadoes touched down from Oklahoma to the East Coast.

Michigan Gov. Rick Snyder has named Kevin Clinton the state's new head of the Office of Financial and Insurance Regulation.