Individual insurers have reported insured losses, ranging from $50 million to $1 billion, from recent storms and tornadoes. New numbers, from the Insurance Information Institute (I.I.I.), reveal the cost of recent lightning damage--more than $1 billion in insured losses in 2010.
An analysis of homeowners insurance data by the I.I.I. found there were more than 213,000 lightning claims in 2010, up nearly 15% from 2009. These losses ranged from damage to expensive electronic equipment to structural fires that destroyed entire homes.
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