Winter 2014: Among the Costliest in Decades

With more than three weeks to go, insured losses from severe weather are an estimated $1.5 billion, according to the Insurance Information Institute, and that covers only two of the four storms so far.

INN Breaking News, February 24, 2014

Insured losses from winter storms this year are now an estimated $1.5 billion, according to the Insurance Information Institute, compared to $2 billion for 2013. The estimate covers two of the four winter storms this year, which transpired between January 1 and February 2014, and more than 175,000 claims paid to policyholders, according to PCS, a division of Verisk Analytics.

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