State Farm Insurance has paid $5 billion to its customers for weather-related catastrophes — damage to cars, homes and other property so far this year — the largest U.S. insurer of homes and cars said Sunday. That payout has been …
Hurricane Irene caused between $2.5 billion and $5.5 billion in insured losses in the United States and the Caribbean, excluding flood claims that fall under federal insurance programs, catastrophe modeling company RMS said Monday. RMS’s estimate falls roughly between those …
A record 10 weather disasters in the U.S. have each caused at least $1 billion in damage: Hurricane Irene, Aug. 20-29. Damages and deaths are still being tallied, but estimates are running more than $7 billion and close to 50 …