Commercial Property Insurance Coverage for Texas Winter Freeze Losses
Significant claims both in number and magnitude are already being filed as a result of the recent Texas winter freeze event. Some of these claims are for property damage resulting from burst pipes, collapsed roofs, and other causes. Others seek only business interruption losses resulting from loss of power. These claims present a number of interesting adjustment and coverage questions. Some of the claims may also present subrogation opportunities.
As we have with past emerging risk exposures, Zelle will be keeping our clients and industry friends up to date with all the latest information relevant to the claims resulting from this event.
Summary of Texas First-Party Claims Handling Deadlines for Texas Freeze 2021
White Papers:
Commercial Property Insurance Coverage for Texas Winter Freeze Losses, February 23, 2021
Recent News:
Steven Badger Interviewed by NBC Dallas-Ft. Worth: Navigating Insurance Coverage For Winter Storm Damages, March 11, 2021
Steven Badger Interviewed: Texas Experts Believe Construction Changes Can Cut Destruction From Weather Events Down, February 25, 2021
