For an incredible 10-day period in mid-February, Texas was
battered by a brutal winter storm bringing snow, ice, and record-low
temperatures. Millions of Texans were without power and water for days. These
conditions forced thousands of Texas businesses to close during the storm. Many
of these businesses also sustained property damage from pipe bursts and
resulting water discharge. The property insurance claims have already started
to come in. Some believe the storm will be the largest insurance event in Texas
history.
Todd Tippett and David Winter, of the Dallas office of
Zelle, wrote an article that addresses some of the issues expected to arise in
considering whether commercial property insurance policies will provide
coverage for Texas freeze claims. Click here
to read Commercial Property Insurance Coverage for Texas Winter Freeze Losses.
Posted by Todd Tippett and David Winter
