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Photo of damage at First Class American Credit Union Photo credit: Nancy Croix-Stroud.

The Insurance Council of Texas recently reported that the snowstorm’s aftermath may result in the largest claims event and costliest natural disaster in history for the Lone Star State, which left millions of residents and businesses without power and in the cold for days.

Many of those claims are expected to include broken water pipes that caused extensive damage to homes and businesses, and one of them is the $60.9 million First Class American Credit Union in Fort Worth, Texas.

Peter Strozniak

Credit Union Times

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