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Tornado Loss Estimated to be $2 billion to $5 billion By EmploymentCrossing | Dated: 05-29-2013

The tornadoes that hit the United States last week did some serious damage. Eqecat, California based risk modelling firm, estimates the insured structural losses to be around five billion dollars. More than seventy tornadoes were officially recorded over a three day period last week. The estimates could be higher if the costs associated with injuries are included.

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