Mike Nowatzki, Published September 28 2007
Hailstorm claims total $30 million so far, Insurance Department saysLast week’s hailstorm that pounded parts of the Fargo-Moorhead area with baseball-sized stones in places has generated more than 4,000 insurance claims totaling nearly $30 million in estimated damages so far, the North Dakota Insurance Department reported today.
Claims continue to trickle in, and there’s no way to estimate how high the total may reach, department spokeswoman Cecily Fong said.
To put the numbers into perspective, a large hailstorm that ripped through the Hettinger and Bismarck areas in July 2005 generated more than 20,000 claims and caused more than $100 million in damage.
The estimated claims total for the F-M area storm jumped by more than $26 million this morning as a couple of insurance companies reported their claims, Fong said, adding she expects nine additional companies to report claims.
“I’m anticipating that the number is going to continue to tick up,” she said.
For the full story, see Saturday’s Forum.