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AmFam sees 20.4% increase in storm claims

In 2016, American Family Insurance paid out a total of $879 million in storm damage claims across the country, a 20.4% increase over claims filed in 2015 ($730 million).

While the increase is significant, the Madison-based insurance company had budgeted for $1.1 billion in claims across its 19-state service area.

The company also reported that it had 10.2 million active policies in 2016, the first time ever it surpassed 10 million.

Mar 16, 2017 03:01 pm
 Posted by  Anonymous

Whooaa . . . global warming!

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