Winter Freeze Sparks Claims Glut with $18 Billion in Losses Seen

Traveling by car during winter storm conditions.

Crippled by a winter storm, Texas and other states are becoming a hotbed of insurance claims, with analysts expecting a hefty bill for losses. Insured losses could hit $18 billion for the winter weather, six times the yearly average, according to Karen Clark, whose firm models catastrophes. In Texas, one of the worst-affected regions, State… Continue reading Winter Freeze Sparks Claims Glut with $18 Billion in Losses Seen