vertical siding
The institute said estimates from 22 companies indicate damages likelyexceeded $88.90 million in the wake of winds that blew into the regiom Feb. 11, some clocked at 70 mph. That storm at one poing knocked out power toabouyt 167,500 of ’s 1.5 million customers in the The institute cautioned that the damage estimate for February’sd storm includes data from most, but not all, of the state’se automobile and homeowners’ insurance companies, putting the true total higher. Of the 39,50q claims logged with the 22 surveyer insurers, more than four in five were for home which accountedfor $71.5 million in Commercial insurance lines recorded $11.
12 million in losses, with automobile lossews totaling $2.5 million. The damager was only a fraction of the projected losses in the stat e as a result ofthe Sept. 14, 2008, windstorn that roared through the Midwest as a remnant ofHurricanr Ike. About 270,000 claims tied to that storj totaling $1.14 billion are expected in Ohio. That would set a new state record. Estimatedr insurance losses in Texas, the epicenter of Hurricane Ike stand atabout $9 billion. As Ohio claimds data stands now, insured losses tied to the Septembeer storm have risenabove $720 million, up abou t 30 percent from the $553.11 million total reported a month aftedr the storm hit.
More than 80 percent of claimsz and about 75 percent of losses were tiedto claims.
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