KCC estimates Winter Storm Elliott insured losses will hit $5.4bn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

KCC estimates Winter Storm Elliott insured losses will hit $5.4bn

Aisling Finn
29 December 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
snow, snowblower, road.jpg

Modeling firm Karen Clark & Company (KCC) has estimated that insured losses from Winter Storm Elliott will be $5.4bn across 42 states, with commercial insured losses forecast to account for over 50% of the total.

The extreme weather event brought sub-freezing temperatures to the Eastern US, Southeast US and Gulf Coast areas earlier this week, leaving tens of thousands of homes and businesses without power as a result of the high winds that emerged...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsClaims and losses
aisling finn/aisling finn ii ils.png
Aisling Finn
Contact
Gift this article