An industry group says insured losses from a week of Texas wildfires could reach $250 million.
The Insurance Council of Texas offered the estimate for the more than 180 wildfires reported statewide since Labor Day weekend.
The organization said insured losses from fires in Bastrop County alone could reach $150 million.
A wildfires disaster recovery center, where residents can seek government assistance, opened Tuesday in Bastrop and replaced a mobile facility.
Wildfire evacuees north of Houston also have more resources available for housing.
The nonprofit Texas Disaster Relief Fund announced money is available for hotel vouchers for displaced residents of Grimes, Montgomery and Waller counties. Volunteers from Brazos County Community Action Agency Inc. began accepting applications Tuesday.
Topics Catastrophe Natural Disasters Texas Profit Loss Wildfire
Was this article valuable?
Here are more articles you may enjoy.
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
‘Structural Shift’ Occurring in California Surplus Lines
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 

