Cost of May Storms: More than $4 Billion

The thunderstorms that struck the United States from May 20 to 27 will result insured losses to residential, commercial, and industrial properties, as well as automobiles , of between $4 billion and $7 billion. That’s the estimate of catastrophe modeling firm AIR Worldwide, after the storms and more than 150 tornadoes they spanned swept the United Startes, from Texas to Lake Superior to the East Coast. “This outbreak of tornadoes coupled with the unusually high number of tornadoes in April this year has turned what began as an unremarkable year,’’ said Dr. Tim Doggett, AIR’s principal scientist, into a year “that has produced almost...