NEW YORK, April 19, 2012 — Almost $3 billion of the $3.2 billion Alabama insurers paid out to their auto, home and business policyholders in 2011 for catastrophe losses can be traced directly to the tornadoes, hail and thunderstorms THAT swept through the state between April 22 and April 28 of last year, according to an Insurance Information Institute analysis of data from ISO’s Property Claims Service (PCS) and other sources.
One Devastating Week Of Tornadoes And Storms Last Year Caused 93 Percent Of Alabama’s Insured Catastrophe Losses
April 26, 2012
