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.
Revlon Fails to Ensure Some Products Are Safe, FDA Warns
Ship Owner Seeks Dismissal of All Economic Loss Claims From Baltimore Bridge Collapse
Amazon Workers Say Data Center Testimony Prompted HR Calls
Homeowner Claims Support Platform Tugboat Closes $3M Seed Round