NU Online News Service, Sept. 13, 11:25 a.m. EDT
As a beleaguered Texas continues to battle new outbreaks of wildfires across the state, the Insurance Council of Texas says losses could reach a quarter-billion dollars as home losses rise to close to 2,000.
Mark Hanna of the Insurance Council of Texas says in a statement that insured losses from the fires in Bastrop County, Texas, the hardest hit, could cost the industry $150 million alone.
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