Tornadoes, hailstorms and fires took their toll on Texas last year with insured losses of $3.2 billion, according to the Austin-based Insurance Council of Texas.
The state also had triple the number claims and triple the dollar amount in losses compared with the next highest-ranked states.
“Unfortunately, we had one weather catastrophe after another last year, and these numbers prove it,” said Mark Hanna, a spokesman for the council. “What is scary is that these numbers don’t include our flood losses, which were in the hundreds of millions of dollars.”
The 2015 estimate of insured losses were prepared by Jersey City, N.J.-based Property Claim Services, which that monitors all states’ insured losses, including homeowner, commercial property and auto insurance, from catastrophic weather events. Flood losses were provided by the National Flood Insurance Program, which is part of the Federal Emergency Management Agency.
According to Property Claim Services, a catastrophic weather event is any storm that causes more than $25 million in insured losses.
Texas had 16 catastrophic weather events last year, totaling $3.2 billion. The next-highest state was California, with $1.2 billion.
Texas had 466,250 claims from catastrophic weather events. The next-highest state, Massachusetts, had 139,750.
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