February 24, 2021

Storm

People now filing insurance claims, looking for contractors for winter storm damage

2 months ago

WICHITA FALLS (KFDX/KJTL) — As many people around the state recover from the winter storm, some homeowners have the difficult choice of choosing a contractor and filing insurance claims.

For some Texans, water and electricity remain an issue on the heels of the winter storm, but for others, the road to recovery has already begun.

Busted water pipes have caused damage to many homes throughout the state and insurance claims are already being filed.

“We’ve heard from about 18,900 customers across the state reporting damage, and the vast majority of that is because of frozen and broken water pipes. And

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Celebrities provide financial assistance to Texas amid storm: ‘Send our prayers’

2 months ago

Texas was hit with a deadly winter storm this week and millions of residents were left without power in freezing temperatures.

Hollywood has banded together — along with politicians — to help raises funds and provide relief as communities struggle to find food, water, and shelter.

Houston-native Beyonce is providing financial assistance. Her foundation, BeyGOOD, and sports clothing brand Adidas have teamed up with Houston’s Bread of Life to help feed people in need.

“We send our prayers to those impacted by the winter storm,” a tweet posted by the BeyGOOD organization said. 

LIVE UPDATES: TEXAS WATER ISSUES CONTINUE DESPITE

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Texas storm will cost billions for U.S. insurance companies

2 months ago

Texas Rep. Jodey Arrington discusses the various factors that led the Texas electrical grid and infrastructure to fail during one of the strongest winter storms in a century.

With billions of dollars in damage expected from the historic Texas winter storm, a state regulator plans to collect data from property insurers to assess costs stemming from a crippled electrical grid, roofing collapses, broken pipes and other problems, a spokesman said on Friday.

“We expect this to be a large event, but we just don’t know how large it will be,” said Texas Department of Insurance spokesman Ben Gonzalez, noting that

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Winter Storm Disrupts Automakers, Retailers and Delivery Services

2 months ago

UPS said weather could cause delays in areas not directly hit by the storms. Packages may take longer to get from one place to another, and many delivery services move goods through big sorting hubs in the middle of the country to serve both the East and West Coasts. UPS’s main air hub is in Louisville, Ky., and it also has a hub in Dallas, for example.

The winter storm prompted the United States Postal Service to close post offices, processing hubs and other facilities in Texas, Alabama and Mississippi, according to its website.

The storm has also affected Amazon,

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Filing an Insurance Claim for Texas Storm Damage? Payouts Hinge on Policy Details

2 months ago

When the snow and ice melt, many Texans will file insurance claims for the damage. Some will be annoyed that they get nothing for a freezer-full of spoiled meat, while others will be pleasantly surprised at how easy it is to get money to fix a wrecked car.

The unusual winter storm in the big state is giving many insurers opportunity to test new mobile-based technology that has proliferated over the past year for more quickly settling claims for car wrecks, insurance-industry executives said.

But the massive storm also will highlight variations in basic homeowners policies that some consumer activists

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