Northwest storm damages estimated at $240M.(American Insurance Services Group's Property Claim Services division report)

National Underwriter Property & Casualty-Risk & Benefits Management, January, 1996

The mid-december series of storms that struck the Northwest caused at least $240 million in insured losses, according to the Property Claim Services division of the American Insurance Services Group. The storm hit hardest in Northern California, where two major property-casualty carriers alone--State Farm and Farmers Group--processed an estimated 40,000 claims, most of them for wind-related damage which experts said was more typical of hurricanes.

The Rahway, N.J.-based PCS described the storms as a "moderate" disaster-which means insured losses totaled more than $100 million--and officially designated the damages during Dec. 11-13 as Catastrophe Number 58, said PCS Senior Claims Consultant Jim Welsh. Northern California sustained an estimated $110 million in...

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