Record Snowstorm Pushes North Texas Losses to $25M

February 16, 2010

Recent record snowfall in the Dallas/Fort Worth area resulted in insured losses at $25 million, the Insurance Council of Texas reported.

The snow accumulations of up to a foot paralyzed the area’s transportation system and caused widespread damage from falling trees and crashing roofs.

An estimated 4,200 claims came from auto, residential and commercial property owners. The average claim was approximately $6,000.

The snow began falling early on February 11 and continued to fall for most of the day. Thousands of residents were without electricity for several days as power outages were common across the area.

Dennis Cavanaugh, a meteorologist for the National Weather Service office in Fort Worth, said the storm produced the largest snowfall on record for a 24-hour period at the Dallas Fort Worth airport.

Source: The Insurance Council of Texas, www.insurancecouncil.org.

Topics Profit Loss Texas

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  • February 17, 2010 at 11:58 am
    Frankie says:
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    belly says:
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