IBA South: DCOA to pursue hailstorm insurance claims

DCOA has decided to claim insurance for the severe property damage caused by the 2014 hailstorm

Insurance News

By Mina Martin

The Development Corporation of Abilene (DCOA) has voted to move forward with its insurance claims for property damage caused by the 2014 hailstorm.

DCOA CEO Kent Sharp has been authorized by the board to negotiate and execute any agreements or legal action required to claim the entity’s property damage insurance coverage with the Texas Municipal League Intergovernmental Risk Pool, Abilene Reporter-News said.

The hail-damaged DCOA-owned buildings include Blue Cross Blue Shield, various airport properties, some facilities at the business park, and other industrial properties, Sharp said.

“This basically aligns us with the city (of Abilene),” he said.

The hailstorm that hit in June 2014 left marks on many of the city’s bus roofs and damaged 46 police cars. Also damaged by the hailstorm were many city-owned buildings, including Fire Station No.4 on West Stamford Street. The fire station will be replaced by the 2015 bond program.

The city held the new Fire Station No. 4’s ground breaking ceremony last month, which will be located at 3802 Grape St., Abilene Reporter-News said.


 

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