Severe Weather Caused $10B+ In Insured Losses In 2015

 Tuesday, January 5, 2016

 USA Today

For a record eighth straight year, tornadoes and other severe thunderstorms likely caused at least $10 billion in property damage in the United States, according to an analysis by Munich Re, the world’s largest reinsurance firm, which is based in Germany. The deadly tornadoes in December damaged or destroyed thousands of homes and businesses across the South, which should push the total over the $10 billion mark for 2015. “No year prior to the 2008-2015 period had insured thunderstorm losses been in excess of $10 billion,” said Mark Bove, a Munich Re research meteorologist.