Insurance group: Texas hailstorm caused record $1.36B damage
SAN ANTONIO (AP) — An insurance industry group says a hailstorm that hit the San Antonio area last week proved to be the costliest in Texas history, with damage estimated at nearly $1.4 billion.
The Insurance Council of Texas says hailstones as large as grapefruit caused about $560 million in estimated insured losses to motor vehicles, while damage to homes and businesses was expected to reach $800 million.