According to Karen Clark & Company (KCC), the insurance industry loss from the recent severe convective storm (SCS) outbreak in the United States will be around $3 billion. The SCS outbreak, which brought damaging winds and hail, occurred between December 9th and December 12th, and tornado activity was reported in at least six US states,… Continue reading Insured Losses from Tornado Outbreak Estimated at $3 Billion: Karen Clark & Co
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