Two series of severe convective storms (SCS) that hit the Southern and Midwestern US between May 16-22 are expected to result in insured losses reaching into the billions, Aon said in its Weekly Cat Report on May 24.
The
May 16-22 Gulf Coast and Midwest SCS insured losses expected to cost billions: Aon
An EF-4 tornado devastated Greenfield Iowa, adding to the expected multi-billion-dollar toll.