Severe Winter Storm In Texas: Insurance Coverage Considerations | K&L Gates LLP
To embed, copy and paste the code into your website or blog: The winter storm that ravaged Texas this week has caused considerable damage and suffering, and it is predicted by some that it will to lead to the largest number of insurance claims resulting from a single event. For a state that is used to dealing with large-scale hurricane disasters, that is a remarkable prediction. For example, press reports estimate that Hurricane Harvey yielded US$19 billion in insurance claims. The Texas winter storm of 2021 has the potential to exceed that. The damage caused by this extreme winter weather ev...