New Damage Estimates Out on Memphis Summer Storm - KAIT Jonesboro, AR - Region 8 News, weather, sports

Memphis, TN

New Damage Estimates Out on Memphis Summer Storm

October 24, 2003 - Posted at 4:14 p.m. CDT

MEMPHIS, TN - The latest damage estimates from a powerful windstorm that hit Memphis in July total just under $500 million.

The Insurance Services Office projected the storm will generate $60,000 in claims with property losses of more than twice that of an August estimate.

The agency says Tennessee municipalities, utilities, school districts and other public entities in the southwest corner of the state incurred more than $50 million in costs from the July storm.

The Federal Emergency Management Agency agreed to pay just over $20 million to individuals in Shelby and Fayette counties to cover uninsured losses.

The Small Business Administration has approved low-interest disaster loans totaling nearly $9 million.

Copyright 2003 by The Associated Press.  All Rights Reserved.

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • 1 injured in Jonesboro shooting, police investigating

    1 injured in Jonesboro shooting, police investigating

    Wednesday, May 23 2018 11:39 PM EDT2018-05-24 03:39:17 GMT
    Thursday, May 24 2018 9:41 AM EDT2018-05-24 13:41:57 GMT

    The Jonesboro Police Department is investigating a Wednesday night shooting.

    The Jonesboro Police Department is investigating a Wednesday night shooting.

  • TRAFFIC ALERT: Injuries reported after car, ambulance crash

    TRAFFIC ALERT: Injuries reported after car, ambulance crash

    Thursday, May 24 2018 7:54 AM EDT2018-05-24 11:54:02 GMT
    Thursday, May 24 2018 7:59 AM EDT2018-05-24 11:59:52 GMT
    (Source: Raycom Media)(Source: Raycom Media)

    Jonesboro E911 Dispatch reports a car versus ambulance crash on Phillips Dr. and Red Wolf Blvd.

    Jonesboro E911 Dispatch reports a car versus ambulance crash on Phillips Dr. and Red Wolf Blvd.

  • Arkansas AG approves wording for ballot measures

    Arkansas AG approves wording for ballot measures

    Thursday, May 24 2018 4:34 AM EDT2018-05-24 08:34:53 GMT
    Arkansas AG Leslie Rutledge (Source: Attorney General's Office)Arkansas AG Leslie Rutledge (Source: Attorney General's Office)

    Arkansas' attorney general has approved the wording for ballot measures that would raise the minimum wage, legalize casinos and change the redistricting process.

    Arkansas' attorney general has approved the wording for ballot measures that would raise the minimum wage, legalize casinos and change the redistricting process.

Powered by Frankly