Moody’s expects Winter Storm Uri to result in billions in insured losses

Winter Storm Uri - Snow, cars and homes
Long term care insurance premiums a...
➡️ WATCH TOP INSURANCE NEWS STORIES IN: ENGLISH & SPANISH

The massive freeze and snowfall were particularly hard on Texas, though it struck much of the South. The powerful cold weather nicknamed Winter Storm Uri, smashed across the middle and Southern United States last week, leaving Texas especially devastated. According to Moody’s Investor Services, the insured losses from the weather will be in the billions. Winter Storm Uri, brought “snow, ice and some of the coldest temperatures in decades, particularly in Texas and across the Southern U.S.,” said the Moody’s report. This was particularly true on Valentine’s Day and through…

Read More