Padron: Lloyds of London has heard of the Hidalgo Incident
McALLEN, RGV – It may be hard to believe but the “Names” at Lloyd’s of London know all about Hidalgo County.
Safeguard Insurance owner Abraham Padron said he found that out when he visited the venerable institution.
“The underwriters would ask me, where are you from. I said McAllen, Texas. They would say, where is McAllen? I would say, it is just about the most southerly point in the state. They said, well tell me which county and I said, Hidalgo. They said, ‘Oh, the Hidalgo Incident. We know about that’,” Padron said.
“It is amazing but South Texas is known at Lloyds of London as the Hidalgo Incident. It made such an impact on a world and international level. The losses we incurred due to the litigation that followed the March 29, 2012 hailstorm, made the news in England. They call it the Hidalgo Incident.”
Read more: http://riograndeguardian.com/padron-lloyds-of-london-has-heard-of-the-hidalgo-incident/
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