Insurance Council of Texas News

Five Years Since Hurricane Ike Hit Galveston, Texas

Friday marks the anniversary of the costliest hurricane to hit Texas. On September 13, 2008, Hurricane Ike hit Galveston Island. According to Mark Hannah with the Insurance Council of Texas (ICT), insured losses as a result of the storm totaled …

$500 Million Loss Placed on Amarillo Hailstorm

A massive hailstorm that moved through Amarillo, Texas on May 28 has resulted in $500 million in insured losses to the panhandle region. The final figure was released today by the Property Claim Services of the Insurance Services Office (ISO) …

Insured Texas Tornadoes Damage Could Reach $250M

An industry group says insured damage from last week’s deadly tornadoes in North Texas could reach $250 million. Mark Hanna with the Insurance Council of Texas says the rough estimate could change as insurers continue to gather information from the …

West Blast Hits $100 Million in Insured Losses

“Daddy, are we dead?” Those were the first words from 9 year old Kaden Anderson after an explosion ripped apart the fertilizer plant in West on April 17. Kaden was riding with his father Bryan who had driven over to …

Crime Prevention Signs Working in Mesquite, Texas

The Mesquite Police Department reports the simple message from the Lock, Take and Hide crime prevention signs have had a tremendous impact on reducing auto thefts and burglaries in their city. The police department recently contacted the Insurance Council of …

Texas Trade Group: Survey Shows Insurance Industry Doing It Right

While tornadoes and hailstorms were pounding their way through the Dallas/Fort Worth area last year, consumers had confidence that their insurance companies would be there to help with repairs to their cars, homes and businesses, according to a survey commissioned …

Tarrant County, Texas, Leads State in Hailstorms: NOAA

The residents of Fort Worth, Texas, and its suburbs in Tarrant County share the dubious honor of being the area most pounded by hailstorms than in any other part of the state, according to data compiled from the National Oceanic …

Dallas Insured Loss Estimates Fall Sharply

Insured losses from last week’s violent hailstorm in Dallas should be just under $1 billion, a trade group for Texas insurers said on Tuesday, sharply less than what another industry group estimated last week. The Insurance Council of Texas, via …

Crime Prevention Campaign Joins Forces With Another Texas Town

The Insurance Council of Texas (ICT) has joined with the Grand Prairie Police Department in a crime prevention campaign aimed at preventing auto thefts and auto burglaries. The program involves the funding and distribution of signs that read, “LOCK your …

Texas Wildfires: Up to $250M in Insured Losses

An industry group says insured losses from a week of Texas wildfires could reach $250 million. The Insurance Council of Texas on Monday offered the estimate for more than 180 wildfires reported statewide since Labor Day weekend. The nonprofit organization …