The insurance industry is facing losses of some $2bn from the spate of tornadoes that tore through parts of Texas earlier this week, according to the Lone Star State’s industry trade association.
Tornadoes to cost Texan insurers $2bn

The insurance industry is facing losses of some $2bn from the spate of tornadoes that tore through parts of Texas earlier this week, according to the Lone Star State’s industry trade association.