Ohio Insurance Institute reports on June/July storms

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Storms do more than $433 million in damage Powerful storms that hit Ohio between June 29 and July 2 this year have produced at least $433 million in damages, according to the Ohio Insurance Institute, a state insurance industry trade group. The financial losses make the storms some of most costly natural disasters the state has experienced in its history. The storms are expected to have a significant impact on the state’s insurance industry, though insurers are poised to mitigate the financial aspects of the disasters and provide support to…

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