Insurers are congratulating themselves on surviving the moderate Atlantic hurricane season in 2015 with minimal damage and losses, but other parts of the U.S. didn’t fare as well. The severe weather across the state of Texas this year resulted in high numbers of insurance claims as well as property damage and auto losses — and the year’s not over yet.
Beginning in late March, Texas experienced multiple severe thunderstorms that produced large hail, tornadoes and heavy rainfall in all regions. The spring storm season ended in late May and early June with flooding from the Red River to the Texas coast. Who can forget the pictures of Interstate 45 in Houston with hundreds of cars stranded along the highway?
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
