NU Online News Service, Feb. 8, 2:36 p.m. EST
Insured losses from winter storms in Texas are expected to be about $51 million, according to initial estimates based on input from insurers comprising the Southwestern Insurance Information Service (SIIS).
“It is important to stress these are very early loss numbers and they could increase significantly as above freezing temperatures are expected, even for a short time,” said Jerry Johns, president of the SIIS.
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