Property D&F market faces up to $100mn Uri claim from Texas schools fund
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Property D&F market faces up to $100mn Uri claim from Texas schools fund

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The property direct and facultative (D&F) market could pay a claim of as much as $100mn as a result of collective damage to Texan school properties arising from Storm Uri, this publication can reveal.

The risk management fund for the Texas Association of School Boards (TASB) provides coverage to the state’s schools and buys reinsurance through the global property D&F market.

Sources

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