Kentucky’s April Hail Storm Cost Insurers $175 Million

  Thursday, May 31st, 2012 Source: Insurance Journal

A major hail storm last month in Kentucky is estimated to have caused $175 million in insured losses and damages when balls of ice as large as baseballs battered cars and homes and knocked out power to thousands. The PSC unit of Verisk Analytics said the estimate of $175 million is only insured losses and the uninsured damage from the storm would likely add many millions of dollars to the total cost of the April 28 storm. Electricity was knocked out for an estimated 5,000 residences during the storm and baseball-sized hail was reported at the French Lick airport in Indiana, according to the National Weather Service.

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