US “Ring of fire” insured losses to reach $2.5bn


The damage resulting from the "ring of fire" weather system that impacted the US from May 11 to 16 is expected to result in $2.5 billion in property and motor insurance claims, according to a report by Karen Clark & Company (KCC).

Karen Clark & Company, US, Weather, Catastrophe, Insured losses, Ring of fire, Claims, Property, Motor, North America

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