Texas lawmakers approved revisions to the state’s windstorm fund this week. The Texas Windstorm Insurance Association, a pseudo-government agency in charge of providing insurance coverage to coastal properties prone to hurricane damage, has been the subject of debate amongst legislators for some time now. Senate approved reform will address several issues, including new methods to determine whether damage is caused by wind or water. The reform bill, House Bill 272, was passed unanimously by the Senate. One of the issues to be addressed by the system reform is how the…
Read MoreThursday, April 18, 2024
Recent posts
- Leveraging Allstate Drivewise for Safer Driving Amid Rising Accident Rates
- California fire station project on pause because it can’t get property insurance
- California Insurance Commissioner Lara seeks new guidance to overcome state crisis
- Can Insurance Companies Help Fight Global Warming with Incentives?
- Medicaid health insurance coverage is gone for 400k Ohio residents
