Insured Losses Resulting from the February 2021 Texas Winter Weather Event: April 2021 Page: 2
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Texas Department of Insurance
February 2021 Texas Winter Weather Event
Data as of April 30, 2021 (70 Days After the End of the Event)
Background and Purpose
From February 11-19, 2021, most of Texas experienced a prolonged period of frigid cold, ice, sl
Temperatures in much of the state remained below freezing until February 20, and much of the
sustained or rotating power outages. The prolonged freezing temperatures and accompanying
property damage caused by freezing pipes; fallen tree limbs; the weight of ice, sleet, and snow;
On February 26, 2021, the Texas Department of Insurance issued Bulletin B-0009-21, activating
plan to collect data for this event. This data compilation contains data provided by TDI's statisti
Services Office, Inc. (ISO) for the February 2021 Texas winter weather event.
Overview of Data
This document provides a summary of the data submitted. Data is for property insurance, auto
other lines of insurance. The data includes the experience of insurers that wrote more than $5 r
in Texas in 2019, respectively, for these lines of insurance. The data includes experience from lic
surplus lines insurers. Insurers reporting data account for approximately 94% of the Texas prop
of the Texas automobile insurance market, and 86% of the market for all other lines of insuranc
insured losses resulting from damages caused by freezing (including related water damage), ic(
outage. The claims and losses for automobile insurance only include losses under comprehensi
include liability or collision claims that resulted from accidents caused by icy road conditions.
This document provides a snapshot as of April 30, 2021, or 78 days after the beginning of the e
days after the end of the event (February 19). At that time, insurers were still investigating and
and commercial property claims. Paid losses can be expected to increase substantially in future
data may show an increase in reported claims and incurred losses.eet, and snow.
state experienced
power outages resulted in
and other related causes.
its catastrophe statistical
cal agent, Insurance
mobile insurance, and all
million in written premiums
ensed insurers and eligible
erty insurance market, 95%
e. The data includes
e, snow, wind, or power
ve coverage. It does not
vent (February 11), and 70
adjusting some residential
reports. In addition, laterTexas Department of Insurance
February 2021 Texas Winter Weather Event
Page 2
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Texas. Department of Insurance. Insured Losses Resulting from the February 2021 Texas Winter Weather Event: April 2021, report, October 27, 2022; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1511286/m1/3/?q=%22%22~1: accessed July 15, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.