Kansas Insurance Commissioner Sandy Praeger said the 2003 storm season in Kansas produced more than $215 million in losses of insured property and crops during April through June.
“We saw a lot of damage in a relatively short amount of time,” said Commissioner Praeger. “Unfortunately, I expect the loss estimate to increase when we receive reports for the month of July.”
Statewide property damage estimates for the month of June are $83 million, while crop damage for the month is estimated at $5 million.
“For the most part, I’m pleased with how insurance companies have responded to consumers’ losses,” Praeger said.
Was this article valuable?
Here are more articles you may enjoy.
Insurance Woes Amid US-Iran War Stall Airlines’ Return to Dubai
PG&E Says Power Shutoffs Required in California on Wildfire Risk
Allianz Unit to Cut as Many as 1,800 Jobs in Push to Adopt AI
US Hits Iran With Strikes, Blockade as Trump Plans Hormuz Charge