Insurance Companies Mobilize after Midwest Tornadoes Cause an Estimated $1 Billion in Damage
November 20, 2013 at 14:52 PM EST
The deadly tornadoes that swept through the Midwest last weekend are expected to become the insurance industry's first billion-dollar severe weather event to ever take place in November – and they've sent insurance companies scrambling to assess the damage. Matthew Neilsen, director and meterologist for the risk management firm RMS,