Latest insured loss estimates from April’s severe storms in the US place the damage bill between $3.7bn and $5.5bn.
Catastrophe modeling firm AIR Worldwide has reported the death toll from the events of April 25–April 28 is currently estimated at 354 across seven states.
It is the second deadliest severe thunderstorm outbreak in U.S. history, after the Tri-State tornado outbreak of 1925.
In Alabama, the worst affected state where 38 of 67 counties have been declared as disaster areas, the insurance commissioner has indicated that losses could reach those from Hurricane Ivan (2004) in his state.
Initial estimated property losses include:
- Alabama: 5000 properties destroyed in Tuscaloosa
- Mississippi: 2527 homes damaged, including 993 severely damaged or destroyed. 104 damaged businesses, including 62 severely damaged or destroyed
- Virginia: 43 damaged structures, including 137 destroyed or severely damaged
- Georgia: 75–100 homes destroyed or damaged
“In areas of Tuscaloosa affected by the EF-4 tornado, large commercial structures were reduced to rubble,” said AIR's chief scientist Dr. Doggett.
“Many properties closer to the periphery of the tornado sustained significant damage to their roofs and openings (large plate glass windows and doors). With the building envelope breached, many sustained subsequent structural damage,” he continued.