JACKSON, Miss. (AP) — Days of freezing temperatures in Deep South areas that usually freeze for only hours are threatening dozens of water systems as burst pipes leak millions of gallons of water. The problems were happening Monday in large, …
U.S. property insurers are bracing for claims for damage from collapsing roofs, bursting pipes and lost business as Texas takes stock of its losses from a winter storm that has crippled its electrical grid. Insurers’ losses could stretch into billions …
Though summer weather is associated with devastating catastrophe losses, the winter holiday season can be equally busy for insurance adjusters. The third-largest cause of catastrophic losses behind hurricanes and tornadoes, winter storms resulted in almost $26 billion in insured losses …
