Insurance Industry, IICF Raise $70K-Plus for Central Texas Flood Victims

Central Texas may currently be under drought conditions and suffering from elevated wildfire risk but merely months ago the situation was just the opposite. In May, the Austin and Central Texas areas were deluged with flooding from a widespread storm system that destroyed homes, flooded cars and caused numerous deaths. At least 17 people died as a result of the late May storms in Texas alone.

There were many individual fundraising efforts around this tragedy, but understanding the strength in numbers, the insurance industry partnered with the Insurance Industry Charitable Foundation (IICF) to create an industry-wide fundraiser to support relief efforts in the area.

As a result of this partnership, the insurance industry with the help and leadership of IICF, raised more than $70,000 to help with the continuing recovery of individuals devastated by flooding.

During the week of Oct. 10 – 17, designated as the IICF Week of Giving, insurance industry representatives presented checks totaling $73,665 to the Salvation Army, the American Red Cross and the Austin Disaster Relief Network in support of Central Texas flood recovery.

The annual IICF Week of Giving represents an opportunity for insurance industry employees to give back to the community through volunteerism. The 2015 Week of Giving featured more than 200 volunteer events hosted across the country, including more than 35 in Texas.

Source: State Auto Insurance Companies

Topics Texas Flood Market Funding