Turbulent Texas weather expected to rack up more than $1 billion in damageReprints
Insured damage from severe weather in Texas last month is likely to exceed $1 billion, according to the Insurance Council of Texas.
A spokesman for the Austin, Texas-based industry group said Wednesday that insured losses from hail and windstorms in April exceeded $1 billion, and that May's losses from hail, windstorms and flooding would follow April's lead. Severe flooding around Memorial Day affected much of north, central and east Texas. According to the website of the city of Wimberley, which is located between Austin and San Antonio, about 70 homes were destroyed, and another 250 to 300 damaged by the flooding in that municipality alone.
“There was no shortage of weather catastrophes this past month, and insurance companies and adjusters have been working overtime in reaching all of those who have had property damage,” said the spokesman in a statement issued Tuesday.