Texas April hailstorm costs near $2bn

The Insurance Council of Texas (ICT) estimates that three April
hailstorms that struck San Antonio will cost insurers around
$2bn.
The council said that insured auto and homeowner losses have
reached $1.9bn, and commercial claims could place the total well
over $2bn.
The first hailstorm, which struck the city on 12 April, became
the costliest such event in Texan history and was followed by two
further damaging hailstorms on 25 and 29 April.
The insurance council had previously put the...