Farmers Insurance expects claims from two recent severe weather systems in the Dallas/Fort Worth area will result in more than $250 million in losses.
Intense hail and wind from the storms caused extensive damage to homes and vehicles in March.
Farmers reports more than 22,000 claims filed already and anticipates another 16,000 claims as a result of the storms.
Farmers Insurance catastrophe claims representatives, agents and other personnel began helping affected customers immediately and continue to provide assistance to those impacted by the storms.
“So far we’ve seen a large number of cars with damaged windows and other exterior surfaces and numerous homes with damaged roofs,” said Keith Daly, chief claims officer for Farmers Insurance.
Topics Texas Claims Agribusiness
Was this article valuable?
Here are more articles you may enjoy.
IMA Latest to Sue Howden Over Alleged Employee Poaching
Intersecting Risks and the Future of Construction Insurance
Big I: Independent Agencies’ Market Share Up Slightly in 2025
Ship Insurers Set for Major Claims From Iran War, Allianz Says 

