The recent outbreak of severe storms last month has added up to a massive bill for insurers. The severe storms and tornado’s in April has been called the second deadliest outbreak in U.S. history; falling barely short of the record Tri-State tornado outbreak in 1925. Insurance companies across the board are reporting high losses, such as Allstate, with a whopping 1.4 billion dollar loss; just for the month of April. Several insurance companies are reporting big losses for April, due to the historic weather events all through the southern states.…
Read MoreSunday, February 25, 2024
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