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The winter storm in the United States caused huge damage. Insurance claims may reach $18 billion.

The winter storm in the United States caused huge damage. Insurance claims may reach $18 billion.

February 19th local time, Karen Clark & Co. According to the release report, the American property insurance company may face about $18 billion in housing and business damage claims due to the huge damage caused by winter storms to the United States.

The report said that more than half of the claims will come from Texas, and most of the damage was caused by the freezing of pipelines, which broke down in schools, museums, churches, commercial places and houses, resulting in water outages and widespread flooding.

In addition to Texas, about 20 states, including Arkansas, Missouri, Oklahoma and Tennessee, will also receive claims, and corporate policyholders (not homeowners) will receive the majority of the claim payment.

A spokesman for the risk assessment company said that if the final claim really reached $18 billion, measured by the losses of property insurance companies, the impact of the winter storm will be second only to the $21.51 billion caused by Hurricane Ike in 2008, or the highest losses in the top ten losses in the United States. Ranked ninth among natural disasters.

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