Daviess County seems to have taken the brunt of the severe weather early Tuesday morning.
The tornado watch includes most of the state of Indiana.
The report states wind and hail damage cost State Farm and the state $3.9 billion last year alone.
A severe thunderstorm watch remains in effect until 9 p.m. for central Indiana.
The drills are planned to give emergency officials, residents, schools and businesses a chance to test and review emergency plans.
Snow showers will be possible across portions of the region late Wednesday afternoon into Wednesday evening.
A winter weather advisory is in effect for northern and central Indiana until 10:00 A.M. Friday.
Local police departments throughout the state will give away 8,500 radios.
The forecast calls for cooler than normal daytime highs today and tomorrow.
A thunderstorm watch remains in effect until midnight.