Loss Figures for North Texas Storm Revised to $100M
Insured losses from the storm that spawned tornadoes and large hail over portions of the Dallas Fort Worth area on April 13, have been set at approximately $100 million, the Insurance Council of Texas reported.
Twenty thousand homes and nearly 30,000 automobiles were damaged by hail and high winds.
The original figure of $25 million was revised after initial reports quadrupled one week following the storm.
Mark Hanna, an ICT spokesman, said insurers currently are assessing the damage from a second round of storms that plowed through the state April 24.
Source: Insurance Council of Texas
Popular Today
- Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers
- Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows
- Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance
- Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’