U.S. Storms Cost Insurers More Than $2B in March: Aon

April 10, 2017

The U.S. was hit by a series of severe weather events in March, leading to extensive damage in central and eastern parts of the country and aggregated insurance losses expected to exceed $2.0 billion, according to the latest Global Catastrophe Recap report from Aon Benfield’s Impact Forecasting.

The most prolific event, March 6-10, resulted in major tornado, hail and wind damage in the Plains, Midwest and Southeast. Total economic losses were estimated at $1.7 billion, with insurance losses of $1.2 billion.

Among March’s other catastrophes: