Texas Windstorm Insurance Association News

Casinos Proposed as Way to Subsidize Texas Wind Insurance

A Texas lawmaker has proposed subsidizing the state’s underfunded windstorm insurance and flooding assistance by building casinos in coastal counties. State Rep. Joe Deshotel filed the bill on Dec. 7 to cover the cost of the Texas Insurance Agency by …

TWIA Policyholders Still Waiting for Payment After Hurricane Ike

Several school districts, cities and other government agencies are still waiting for a Texas insurer to pay nearly $60 million in claims from Hurricane Ike, adding to more insurance worries in the wake of Hurricane Harvey. The Texas Windstorm Insurance …

TWIA Says its Financially Sound for 2017 Hurricane Season

The Texas Windstorm Insurance Association (TWIA) remains financially sound and ready for the 2017 hurricane season by once again securing $4.9 billion in total funding. With $4.9B in total funding secured, #TWIA is financially sound and ready for the 2017 …

Wind Insurer Settles Lawsuit with South Texas School District

The Texas Windstorm Insurance Association has agreed to pay nearly $8 million to settle an unpaid claims lawsuit filed by a southern school district, according to state district court records in Cameron County. The Brownsville Independent School District filed the …

Days Could be Numbered for Texas Windstorm Insurance Association

Texas Lt. Gov. David Dewhurst has asked state lawmakers to consider shutting down a windstorm insurance provider for coastal Texans. Dewhurst asked a state Senate committee to look at phasing out the Texas Windstorm Insurance Association. Dewhurst said if Texas …

TWIA Financial Outlook Improved as Hurricane Season Starts

Low catastrophe activity and claims experience so far this year have helped to put Texas’ insurer of last resort for properties along the Gulf Coast in a better position to face the 2014 hurricane season than it has been in …

Texas Windstorm Insurer Opens 24-Hour Claims Call Center

The Texas Windstorm Insurance Association, the insurer of last resort for wind and hail along the Texas coast, reported it has established a Claims Call Center that is open 24 hours, seven days a week. TWIA is encouraging its agents …

Texas Windstorm Insurer Sued Over Post-Ike Policyholder Costs

A Corpus Christi man is suing the Texas Windstorm Insurance Association for hundreds of millions of dollars because he says it improperly passed on costs to policyholders like him after Hurricane Ike in 2008. Ramiro Gamboa filed the lawsuit Monday, …

Texas Windstorm Insurer Releases Questionable Emails to Attorney

The Texas Windstorm Insurance Association (TWIA) announced it has released to a litigator what it calls “potentially offensive” emails as part of discovery in a lawsuit against the insurer brought on behalf of the Brownsville Independent School District. The lawsuit …

Commissioner Denies TWIA’s Request to Raise Liability Limits

The primary windstorm insurer for Texas coastal properties won’t be raising limits of liability next year for property it covers. Insurance Commissioner Julia Rathgeber has denied a request by the Texas Windstorm Insurance Association to raise the limits on both …