$655M flood damage seen for insurers.: An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on August 2, 1993. The length of the article is 679 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Property Claims Services estimates that the four recent storms that hit eight Midwestern states created $655 million of insured property damage. The fourth storm, which occurred between Jul 7 to 16, 1993, is believed to have caused $375 million of the total amount. Government officials estimate that total damage from the natural disaster will surpass $10 billion, the greatest portion of which will be from uninsured, flood-related damage. Insurers are concentrating on ways to alleviate future losses through government assistance programs but do not expect that the disasters will encourage sales of flood insurance.

Citation Details
Title: $655M flood damage seen for insurers.
Author: Colleen Mulcahy
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: August 2, 1993
Publisher: The National Underwriter Company
Issue: n31 Page: p1(2)

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