Insurers Paid $2.2B After Alabama Tornadoes

December 30, 2011

Authorities say insurers have paid at least $2.2 billion claims arising from the April tornado outbreak in Alabama.

photo credit: FEMA

The Birmingham News reports that more than 2,500 claims are still pending eight months after the storms.

The figures, from the Alabama Department of Insurance, include amounts that insurance firms regulated by the state have paid for homes, cars, businesses and other property damaged on April 27.

They do not include claims paid by companies such as Lloyd’s of London, which insure some Alabama property but are not regulated by the state.

If all claims were resolved and counted, state insurance officials said the total would probably approach $3 billion.

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