Insurance Paid $2B on TN Claims from April Storms

The insurance industry has paid $2 billion on 260,000 claims filed by Tennesseans as a result of storms between April 22 and April 28, reports the Cleveland Daily Banner..
Gary Kearney, assistant vice president of Property Claims Service, a New Jersey company that identifies catastrophes for the insurance industry, said only the state of Alabama suffered a greater loss, at around $3 billion.
Localized figures are not available except through individual insurance companies or if the Tennessee Department of Commerce and Insurance issues a data call, which it is considering and moving toward, according to Christopher Garrett, director of communications for the state agency.

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