Insurance companies in Poland may have to pay out a staggering PLN 400 million (EUR 93.5 million, USD 110 million) in compensation for damages caused by a series of severe storms that hit the country earlier this month, the Polish Insurance Association has reported.
Owners of houses and other property destroyed or damaged by the storms can count on insurers as well as government aid, the Rzeczpospolita daily said, adding that only 50 to 70 percent of the affected property owners were insured, according to various estimates..
