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Texas Flooding Losses Could Approach $1B

FEMA Getty Images News

CASTROVILLE, TX – JULY 6: (FILE PHOTO) Denise Welch looks at the flooded home of Denver Murrah on the Medina River July 6, 2002 in Castroville, Texas. Water reached the stained glass window above the door before the river crested. Nine people died in torrential rain that totaled 42 inches in some parts of the state. Gov. Rick Perry says losses could total $1 billion. (Photo by Bob McMillan/FEMA/Getty Images)

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