Autumn storms bring early payouts

  • 2012-10-17
  • From wire reports
RIGA - The first autumn storm has caused 5,000 lats (7,000 euros) worth of damage in Latvia. Lithuania was not so lucky – 436 thousand lats worth of damage. In Estonia, however, insurance companies have yet to receive any requests regarding insurance claims after the storm.The current damage estimates in Latvia are near 5,000 lats. However, Balta Insurance Company predicts the damage was much greater.In Latvia, this autumn storm mostly hit Latgale. Daugavpils insurance companies received a number of requests for insurance claims regarding fallen trees and consequential dama...
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