Massachusetts picks up the pieces after violent tornadoes rip through towns

Massachusetts is now recuperating from deadly tornadoes that recently wrecked havoc upon residents of 19 small communities in its central and western regions. It was one that caught the state by surprise, leaving many in a state of shock. Although, the city has been used to dealing with snow and extreme colds, residents of Massachusetts where taken off guard with a series of seven deadly twisters.  At least three people in West Springfield and Brimfield died as a result and over 200 reported injured. While also leaving over 48,000 people…

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Insurance companies hit hard by recent storm losses

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.…

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The numbers come rolling in for recent tornado outbreak

As the drama in the storm ravaged regions of the Southeast U.S. continues to unfold, AIR Worldwide, a leading catastrophe modeling firm, sheds light on exactly how much the disaster will cost in a new report release today. The firm estimates that insured losses in both the Southern and Southeastern U.S. could total $5.5 billion. The estimate is for the period between April 22nd and 28th, when the storms were at their peak. Representatives from AIR say they will continue to monitor the region to keep their estimates as accurate…

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