AIR Estimates Insured Losses from the U.S. Severe Thunderstorm Outbreak of May 20-27 at between USD 4 and 7 Billion
BOSTON, June 6, 2011 – Catastrophe modeling firm AIR Worldwide estimates that the outbreak of severe thunderstorms that struck the United States from May 20th to the 27th this year will result in insured losses to residential, commercial, and industrial properties and their contents, and to automobiles of between USD 4 billion and USD 7 billion.
Now you know so when your insurance bill increases this is one of the causes.