Initial estimates for insured losses resulting from last weekend’s tornados and severe weather, which slammed Illinois, Indiana, Michigan, Ohio, Missouri and Wisconsin, are beginning to roll in and may exceed a billion dollars, according to an estimate from Mathew Nielsen, director model product management for Risk Management Services. Here’s a look at the numbers and the technology that is enabling those relief and customer service efforts.
A spokesperson for State Farm said there have been 7,500 homeowners claims filed in Illinois, Indiana, Michigan and Ohio related to the November 17 tornados and severe weather, including 3,600 in Illinois, 2,100 in Indiana, 1,200 in Michigan and 500 in Ohio.
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