No huge rise in insurance premiums after Derecho

Local - 6/28/2013 9:51 AM by Nadine Grimley
CHARLESTON - State data showed that West Virginia property owners in general didn't see a huge rise in insurance premiums after making claims following the Derecho.

Figures compiled by the state Insurance Commissioner's office showed that almost 36,700 claims were filed in the month following the June 29, 2012 storm.  Property owners received about $87 million in insurance payments.

Former Insurance Commissioner Jane Cline said data hasn't shown any significant increase in companies terminating homeowner coverage following the storm and that rates have remained relatively stable.


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