Tribpedia: Texas Windstorm Insurance Association

Tribpedia

 

The Texas Windstorm Insurance Association (TWIA) is a public-private agency that's a pool of property and casualty insurance companies in Texas. It serves as an insurer of last resort for homeowners along the Texas coast. After several for-profit insurance companies stopped writing windstorm policies along the coast, the state created the Texas Catastrophe Property Insurance Association, now TWIA, in ...

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Joint Task Force-129 crew, Jolly 92, flies over the storm surge that overtook the Bolivar Peninsula bridge near Galveston, Texas, Sept. 12, 2008.
Joint Task Force-129 crew, Jolly 92, flies over the storm surge that overtook the Bolivar Peninsula bridge near Galveston, Texas, Sept. 12, 2008.

Task Force Targets Windstorm Insurance Challenges

At its first open forum, the Coastal Windstorm Task Force on Wednesday discussed potential legislative solutions to rising premiums and the Texas Windstorm Insurance Association’s financial challenges.

U.S. Airforce conduct search and rescue - Galveston Island, Texas, after Hurricane Ike Sept. 13.
U.S. Airforce conduct search and rescue - Galveston Island, Texas, after Hurricane Ike Sept. 13.

Report: TWIA Improves Claims Processes

After years of controversy and legal wrangling, a bit of good news for the Texas Windstorm Insurance Association came today in a report from the State Auditor's Office: The insurer's claims process is improving.

Sen. John Carona (r) R-Dallas, and Sen. Chris Harris (l), R-Dallas, listen to Sen. Eddie Lucio object to the the Texas Windstorm Insurance Association (TWIA) bill passed out of the Senate Business and Commerce Committee on June 22, 2011.
Sen. John Carona (r) R-Dallas, and Sen. Chris Harris (l), R-Dallas, listen to Sen. Eddie Lucio object to the the Texas Windstorm Insurance Association (TWIA) bill passed out of the Senate Business and Commerce Committee on June 22, 2011.

TWIA Concerns Are Focus of Senate Committee Hearing

The Texas Windstorm Insurance Association was the main topic of discussion at a Senate committee hearing Tuesday as lawmakers raised concerns about proposed rate increases.

State Rep. Larry Taylor, R-League City, head of the House Republican Caucus, sits on the dias waiting for action on the second last day of the first-called special session on June 27, 2011.
State Rep. Larry Taylor, R-League City, head of the House Republican Caucus, sits on the dias waiting for action on the second last day of the first-called special session on June 27, 2011.

Texas Windstorm Insurance Association Review is OK'd

Despite opposition from state Rep. Larry Taylor, who co-chairs the Windstorm Insurance Legislative Oversight Board, the Texas Windstorm Insurance Association's board decided today to hire a third party to assess its financial structure. 

State Rep. Larry Taylor, R-League City, head of the House Republican Caucus, sits on the dias waiting for action on the second last day of the first-called special session on June 27, 2011.
State Rep. Larry Taylor, R-League City, head of the House Republican Caucus, sits on the dias waiting for action on the second last day of the first-called special session on June 27, 2011.

Texas State Rep. Taylor Sorry for Slur Against Jews

State Rep. Larry Taylor, at a legislative hearing Thursday concerning the Texas Windstorm Insurance Association, used the slur “Jew them down” when making the point that it needs to pay claims on time. He has since apologized.

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House Speaker Joe Straus (l), R-San Antonio, adjourns the House of Representatives sine die on June 29, 2011.
House Speaker Joe Straus (l), R-San Antonio, adjourns the House of Representatives sine die on June 29, 2011.

Sine Die Report: What Survived, What Died

The Trib's been keeping track of the key issues throughout the special session. From budget measures to school finance, health care and airport groping, here's our final rundown of bills that passed, and the ones that died. 

Sen. John Carona R-Dallas, answers a question by Sen. Wendy Davis D-Ft. Worth regarding HB 3, the TWIA bill on Senate floor June 28th, 2011
Sen. John Carona R-Dallas, answers a question by Sen. Wendy Davis D-Ft. Worth regarding HB 3, the TWIA bill on Senate floor June 28th, 2011

Lawmakers Approve Texas Windstorm Insurance Fix

Over objections from some Democrats and from the Texas Trial Lawyers Association, the Texas Legislature voted to revamp the state's windstorm insurance program, disposing of a prickly issue that could have forced a second special session.

State Sen. John Carona, R-Dallas, speaking to the Senate after being appointed chairman of the conference committee on the Texas Windstorm Insurance Association on June 27, 2011.
State Sen. John Carona, R-Dallas, speaking to the Senate after being appointed chairman of the conference committee on the Texas Windstorm Insurance Association on June 27, 2011.

TWIA Deal Ready for Final Vote

State legislators say they've reached a compromise on reform of the Texas Windstorm Insurance Association, potentially averting a second special session this summer.

Gov. Rick Perry speaking to reporters alongside House Speaker Joe Straus, center, and Lt. Gov. David Dewhurst during a post-session press conference at the Texas Capitol on May 30, 2011.
Gov. Rick Perry speaking to reporters alongside House Speaker Joe Straus, center, and Lt. Gov. David Dewhurst during a post-session press conference at the Texas Capitol on May 30, 2011.

Perry Promises Overtime if Insurance Measure Fails

Texas Weekly

Gov. Rick Perry is promising to bring lawmakers back for another special session if they can't dig their way out of the TWIA hole.