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STATE FARM INSURANCE ESTIMATES LOSS TO CUSTOMERS AT $1.5 BILLION FOR AN ESTIMATED 110,000 CLAIMS

 STATE FARM INSURANCE ESTIMATES LOSS TO CUSTOMERS AT $1.5 BILLION
 FOR AN ESTIMATED 110,000 CLAIMS
 WINTER HAVEN, Fla., Sept. 9 /PRNewswire/ -- Following an intensive weekend claim operation in devastated South Florida, State Farm Insurance now puts the estimated loss to its customers at $1.5 billion for an estimated 110,000 claims.
 The company will be moving an additional 400 out-of-state claim people into the battered area as soon as it can find living accommodations for them. They will join 2,200 others who are working seven days a week to assist in the recovery effort.
 So far, State Farm has already paid more than $300 million to cover additional living expenses and other up-front costs its customers are experiencing.
 Mark Walp, regional vice president in State Farm's Florida region, said that with the additional people coming in, "we'll now have more than 2,600 people working on our Andrew claims task force.
 "It's the greatest catastrophe challenge in our 70-year history," Walp said, "and we're meeting it with the largest group of claim service people we've ever assembled.
 "The job now is to get to all of our customers and get them on the road to recovery as quickly as possible."
 -0- 9/9/92
 /CONTACT: Alan Miller or Doreen Bonnet of State Farm storm office, 305-626-9200, ext. 224/ CO: State Farm Insurance ST: Illinois, Florida IN: INS SU:


AH -- NY097 -- 7742 09/09/92 18:12 EDT
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Publication:PR Newswire
Date:Sep 9, 1992
Words:241
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