The Traderszone Network

Published in TZ Latest News 17 December, 2021 by The TZ Newswire Staff

Midwest Tornadoes Could Cost $5B in Insurance Payouts 

Insurance companies could make payouts of up to $5 billion from last week’s deadly tornadoes in the Midwest. 

As The Wall Street Journal reported Friday (Dec. 17), that number would make these storms — which struck six states and killed dozens of people — among the costliest tornadoes in history. The damage is so wide ranging that some insurance companies have begun using aerial imagery to determine where claims will originate. 

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