ICT: Hailstorm caused $200M in losses - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 27, 2019 Newswires
Share
Share
Post
Email

ICT: Hailstorm caused $200M in losses

Odessa American (TX)

April 26-- Apr. 26--The Insurance Council of Texas is estimating about $200 million in insured losses due to the recent hail storm in Midland County.

"Damaged vehicle claims continue to pour in above projected figures and the severity of the damage to both autos and homes has also risen," ICT spokesperson Mark Hanna said in an email Friday.

The estimate was raised from $100 million to $200 million in insured losses, he said.

CBS7 reported some residents saw golf ball and baseball-sized hail pummel through their vehicle windows and onto their homes.

"There are going to be thousands of vehicle owners anxious to get their cars and trucks repaired. The wait for repairs at local body shops may be long," Hanna said. "For homeowners, please avoid building contractors who are going door to door and calling to assist. You have no idea who these people are, the quality of their work, the quality of their material, their workmanship guarantees and whether they will return the next day."

Hanna advised residents to contact local building contractors who have built good reputations on the quality of their work.

Ector County and City of Odessa officials did not report any storm-related hail damage after the Tuesday storms swept through West Texas.

The ICT offered the following tips for Midland County residents:

AFTER THE STORM

* Inspect your property for damage.

* Document the damage with photos or video.

* Contact your insurance agent/company as soon as possible to report a claim.

* Make temporary repairs to prevent further damage.

* Avoid fraudulent contractors, roofers, and unlicensed public adjusters.

HIRING A CONTRACTOR

* Ask family and friends for recommendations.

* Be wary of door-to-door solicitors.

* Get multiple written estimates.

* Don't pay up front. Inspect the completed work before payment.

___

(c)2019 the Odessa American (Odessa, Texas)

Visit the Odessa American (Odessa, Texas) at www.oaoa.com

Distributed by Tribune Content Agency, LLC.

Older

Editorial: Social Security, Medicare at risk

Newer

Tigers’ Miguel Cabrera Should Be Fined — Or Jailed — Ex-Mistress Says

Advisor News

  • Your client wants to cash out an annuity. Here’s what to consider
  • How student loan debt impacts 401(k) balances
  • The ‘sandwich generation’ faces compounded barriers to retirement savings
  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
More Advisor News

Annuity News

  • AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
  • OID recovers $260M in life insurance benefits
  • NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE
  • SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
  • Regulators urged to sharply limit hypothetical data in annuity illustrations
More Annuity News

Health/Employee Benefits News

  • AM Best Assigns Credit Ratings to Niva Bupa Health Insurance Company Limited
  • Rising healthcare costs force employers to rethink coverage strategies
  • 40% of Americans believe Medicare will pay for LTC
  • Fact check: Did Ryan Fazio vote to raise health insurance costs by $800 like Ned Lamont claims?
  • Families of Arkansas children with disabilities say more action needed on waitlist
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • A-Cap insurers face new takeover push in South Carolina
  • AM Best Affirms Credit Ratings and Assigns National Scale Rating to Allianz Ayudhya General Insurance Public Company Limited
  • Winged Keel Group Welcomes Scott Henderson, Expanding Institutional Relationships and Presence Across Midwest
  • Former Wynn principal Sheckles claims age discrimination
  • OID recovers $260M in life insurance benefits
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.