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Insurers Have Paid Nearly $1.7B Property, Auto Claims from Texas Winter Storm


Insurers Have Paid Nearly $1.7B Property, Auto Claims from Texas Winter Storm
April 19, 2021
As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that blanketed the state in mid-February.
That number reflects preliminary results from a data call issued February 26 to property and auto insurers by the Texas Department of Insurance seeking information on claims stemming from the storm that impacted the state Feb. 11 – 19.
TDI has released a report, February 2021 Winter Storm Survey Data Industry Aggregate Results for Texas, that shows insurer-reported claims information as of March 26.
The report is based on data submitted by 85% of the state’s property insurance market and 94% of the auto insurance market. It shows insurers have paid out $1,673.9 billion on 186,982 combined residential property, commercial property and auto insurance claims. ....

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People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US


People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US
Chubb has appointed
Lyndsey Christofer as executive vice president, Construction Industry Practice Leader for its large account segment. In this capacity, she will oversee a team of construction underwriting and service specialists across multiple lines of business. In addition, she will have oversight of Chubb’s primary casualty and excess liability line of business for large account construction clients.
Christofer will be based in New York and report to Matt Merna, senior vice president, Chubb Group, division president, Chubb North America Major Accounts. ....

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