Insured losses are nearing $250 million from tornado-related claims in Oklahoma since May 19.

Insured losses are nearing $250 million from tornado-related claims in Oklahoma since May 19.

It took less than a week for the first storm of the 2013 Atlantic hurricane season to be named.

Storm damage in the U.S. in May will cost insurers at least $4 billion, says Aon Benfields Impact Forecasting.

There is a probability of 96-percent a hurricane of any strength will make landfallwith the usual suspects at the head of the list for landfall, says a team at Colorado State University.

Oregon Insurance Commissioner Lou Savage says he is leaving his post for an opportunity in Tunisia.

Oregon Insurance Commissioner Lou Savage says he is leaving his post for an opportunity in Tunisia.

Hail is said to cause an average of $1 billion in damage to crops and property each year. A recent hailstorm in North Texas is quickly approaching half that amount on its own.