Local News

Thursday May 22 , 2008


Oxendine: 2008 Record Year For Storm Damage

Insurance Commissioner John Oxendine said 2008 was a record year for storm damage in Georgia with more than $400 million in insured losses during the first five months.

Oxendine said insurance claims in Cherokee County, north Fulton and parts of Cobb county from severe storms Tuesday night total $13 million to 1,500 homes so far, with more expected.

He said the figures do not include downed power lines and losses to state and local governments due to damaged public property such as roads and bridges, overtime for emergency personnel and other costs.

Oxendine said losses from the tornado that struck downtown Atlanta on March 14th have surpassed $300 million. Another $125 million came in the Mother's Day twisters and severe thunderstorms that raked Bibb and 13 other counties..

The previous record for insured losses in Georgia was in 1998.