Near-record losses posted by Ohio insurers from May storms - Cleveland 19 News Cleveland, OH

Near-record losses posted by Ohio insurers from May storms

After a storm-ridden first quarter, Ohioans and their insurers braced for yet another round of storms in May that caused even more extensive losses.

Statewide preliminary estimates find that insurance companies racked up losses totaling $322-400 million from the May 20-26 storms.

According to the Ohio Insurance Institute, this is the third costliest natural disaster to hit the Buckeye state in recent times, behind the April 3-4, 1974 Xenia tornado super-outbreak and the September 14, 2008 Hurricane Ike windstorm.

The number of Ohio claims filed to-date from last month's storms is estimated at 68,000-77,000.

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