“Snowdaze” Pushes D/FW Losses to $25 Million
The Insurance Record - February 25, 2010
DALLAS/FORT WORTH—The record snowfall in the Dallas/Fort Worth area resulted in insured losses at $25 million. 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 Thursday, Feb. 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.
The Insurance Council of Texas is the largest state insurance trade association in the country consisting of more than 500 property and casualty insurers writing business in Texas.
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