Insight and Intelligence on the London & International Insurance Markets 22 Jan 2018

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Bad weather returns in the wake of historic cold snap

  • Anthony Baldo 12 January 2018
  • Insurers trying to assess the damage from two of the coldest weeks ever in the Midwest and Northeast will have to brace for more potential havoc, as rain and sleet hit those regions ahead of the weekend and plunging temperatures are set to return.

    As of Jan. 9, State Farm reported approximately 7,370 homeowner claims across 12 states connected to a 4 January winter storm, with the heaviest concentrations in Illinois (1,050 claims), New York (870 claims), Virginia (760 claims)...

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