2013's Costliest Catastrophes: Tornadoes

Oklahoma and Texas led in insured CAT loss payouts; overall, insured CAT losses declined compared to 2012.

INN Breaking News, February 11, 2014

Chris McMahon

Tornados that ripped through Oklahoma last May were the costliest natural disasters of 2013 in terms of insured losses in the United States, according to Robert Hartwig, economist and president of the Insurance Information Institute. And Oklahoma was the costliest state for natural disaster related insurance payouts that year.

Get access to this article and thousands more...

All Insurance Networking News articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, e-books, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.

Already Registered?

Free Site Registration