NU Online News Service, Sept. 27, 12:44 p.m. EDT
While it was thought earlier this month that Texas wildfires this year would cause insured losses of around $250 million, it is now estimated that losses could be twice that amount.
Mark Hanna, public relations manager for the Insurance Council of Texas says losses from the Bastrop fire alone are thought to be around $250 million, making it the costliest fire in Texas history. He says the fire has resulted in about 1,500 claims.
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