Ohio’s Insurance Institute releases new report regarding recent storms: Losses up to $500 million

Since an onslaught of major storms in April and May, the Ohio Insurance Institute has been busy collecting data and has recently released a new report in that accounts for a storm that ran through the state earlier this month. The Institute, comprised of property and casualty insurers, usually only issues reports regarding insured losses if they exceed $25 million. This new report is the sixth the Institute has release this year, showing that the devastating effects of storms that occurred months ago linger. According to the Institute’s survey, more…

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