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A.M. Best: Record Q1 losses may arise from Texas storm

28 Feb 2021 5:31 PM | Kathy Countryman (Administrator)

The severe winter storm that caused widespread damage in Texas could result in record first-quarter property catastrophe losses for insurers, according to A.M. Best. Karen Clark & Co. estimates that insured losses from the storm could total $18 billion across 20 states, with Texas accounting for more than half of the total.

Full Story: Reuters (2/19),  Reinsurance News (2/19) 

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