TORNADO DAMAGE ESTIMATE:
Insurance adjustors surveying damage from recent tornadoes in central Iowa say the devastation equals that of Hurricane Andrew that hit Florida in 1992, according to The Associated Press.
State Farm Insurance had 30 homes insured in Stratford and Woodward and eight were categorized as severely damaged. One insurance agent says his company had issued 300-thousand dollars in a one-hour span. Illinois-based Allstate had four claims from the storm with damage ranging from a few shingles missing on the roof, to serious structural damage. The unusual November tornado killed a woman and destroyed about 40 homes in Woodward and 30 in Stratford.
Popular Today
- Greater Chance of Major Hurricane on East Coast This Year, Less in Gulf, Scientist Says
- Lindberg Convicted in Second Trial on Attempting to Bribe NC Insurance Commissioner
- Security First Touts 5% Rate Decrease for HO-3, Renters Policies in Florida
- Buffett’s Berkshire Reveals $6.7 Billion Stake in Insurer Chubb