Texas's third major hail storm in less than a month on Apr. 11 could push the state's damage so far this year to beyond the nine-year average of US$1.2 billion for the whole of the United States, notes a report issued Friday by A.M. Best.The Best's Briefing states that insured losses from the first two hail storms in Texas continue to climb and are currently estimated at US$1.3 billion. "While it is too early to accurately estimate losses, this third storm is expected to be worse than the first two," notes the A.M. Best report.
Latest Texas Hailstorm Could Push State’s Year-To-Date Damage Beyond Nine-Year Average For Entire U.S.
External References & Further Reading
http://www.canadianunderwriter.ca/associations/third-texas-hailstorm-less-month-push-states-year-date-damage-beyond-nine-year-average-u-s-m-best-1004089568/



