Insurance Companies Sue Texas Power Grid Operator Over 2021 Winter Storm Losses

Insurance Companies Sue Texas Power Grid Operator Over 2021 Winter Storm Losses

January 7, 2022

More than 100 insurance companies are suing the Texas power grid operator and several power-generating companies (PGCs) over losses suffered from 2021 Winter Storm Uri, which resulted in more than 500,000 insurance claims and approximately $10.3 billion in insured Texas losses.

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