Insurance premiums skyrocketing in the south due to severe weather
FOX Business’ Ashley Webster reports on the rising costs of home insurance for residents in southern states like Florida and Louisiana due to devastating storms.
Hundreds of thousands of homes and businesses are without power in Texas on Thursday morning as winter weather lingered over southern states.
More than 407,000 customers are in the dark as of 10 a.m. ET in Texas, in addition to tens of thousands of outages across Arkansas, Mississippi and Tennessee, according to tracker PowerOutage.US.
Icy trees buckled onto power lines and more than 150,000 outages were reported in Austin. The city's utility warned residents that the lights and heat may not come back on until later Thursday.
WINTER WEATHER: OVER 1,900 FLIGHTS CANCELED AS STORM SLAMS SOUTH
"Crews restored power to some customers overnight but are dealing with repeated outages," Austin Energy tweeted early Thursday. "They're also watching for lightning in the area, ensuring it's safe as they continue working. Conditions are expected to improve later today as we get power back to more customers."