The early estimate on insured losses flowing from the recent Artic freeze in Texas, Louisiana, Mississippi, Tennessee, and Oklahoma have come in at a staggering US$18 billion.1 As has been reported on the news, the hardest hit was Texas, where 4.5 million lost power, 8.8 million lost water or were warned to boil their water, and 35 people perished. As so often happens, reports are […]

