Texas power outages, winter storm may cost more than Hurricane Harvey brownwoodtx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brownwoodtx.com Daily Mail and Mail on Sunday newspapers.
As thawing temperatures begin to release Texas from the record-breaking deep freeze that has gripped the state over the past week, the devastating financial toll from broken water pipes, downed trees, wrecked automobiles and related weather-induced destruction is becoming clear.
Insurance industry executives say they anticipate the price tag for recovery could approach that of Hurricane Harvey in 2017 which resulted in $19 billion in insured losses in Texas, primarily along the Gulf Coast, and is considered the costliest storm in the state s history.
One big difference between then and now is that the current weather emergency has hit all 254 Texas counties, a trend manifested in the large number of claims statewide that already are pouring in to insurance companies.