June 15, 2012
June 15 - Insured losses from the massive hailstorms that struck the Dallas area on Wednesday could reach as much as $2 billion, based on the volume of claims insurers have already received, the Southwestern Insurance Information Service (SIIS) said on Friday.
The SIIS, a trade group that speaks for property insurers in Texas and Oklahoma, said members have already classified the storm as catastrophic. (Reporting By Ben Berkowitz; editing by Jeffrey Benkoe)
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