#1.2billion

[nattypatty6798]

*wins the 1.2 billion dollar jackpot*

*pays all student loans*

*only has 10 dollars left*

Time to buy a McChicken with my 10 dollars

[rachelloft7]

We do forget.. Most of the time..

[5secondsofmayhem-blog]

By Andrew Frye - Apr 5, 2012 2:58 PM ET

Severe weather in the U.S., led by tornadoes in the Midwest and Tennessee Valley, caused more than $1.2 billion of insured losses in March, according to Aon Corp. (AON), the world’s biggest insurance broker.

Insurers reported more than 170,000 claims tied to storms from March 2 and 3, London-based Aon said in a report today. The insured losses exceeded $1.1 billion. Severe weather in the Great Lakes region in the middle of the month cost the industry more than $150 million, according to the report.

U.S. insurers incurred catastrophe losses totaling $35.9 billion in 2011 from disasters including Hurricane Irene in August, according to the Insurance Information Institute. That exceeded the average of $23.8 billion from 2000 to 2010. Insurers including Travelers Cos. (TRV) and Allstate Corp. (ALL) cover property in the U.S.

“Following an active 2011 U.S. severe weather season, the first quarter of 2012 has also proven itself to be markedly busy,” Steve Jakubowski, president of Impact Forecasting, said in the statement.

Natural disasters in March included flooding in Hawaii and Louisiana and wildfire in Colorado, Aon said.

To contact the reporter on this story: Andrew Frye in New York at [email protected];

To contact the editor responsible for this story: Dan Kraut at [email protected]