Highlights
Severe weather in the U.S., led by tornadoes in the Midwest and Tennessee Valley, caused more than $1.2 billion of insured losses in March, according to Aon Corp. AON, the world’s biggest insurance broker.Insurers reported more than 170,000 claims tied to storms from March 2 and 3, London-based Aon said in a report today. The insured losses exceeded $1.1 billion. Severe weather in the Great Lakes region in the middle of the month cost the industry more than $150 million, according to the report.
The source article Tornadoes Fuel $1.2 Billion Monthly Storm Cost in U.S., Aon Says was published April 5, 2012 by Bloomberg .
