Tag: twia

Lawmakers convene to discuss Texas Windstorm Insurance Association

Nordstrom
Insurance News Chartered Health Plan

Texas Windstorm Insurance Association subject to examination Lawmakers met in Austin, Texas, this week to discuss the issues that are plaguing the Texas Windstorm Insurance Association. The state-run insurance provider has long been the best location for consumers to find affordable and comprehensive wind insurance policies. Coverage for wind damage is often not included in homeowner’s insurance policies in Texas, leaving many consumers without protection in the event of a powerful wind storm. Insurance Commissioner Eleanor Kitzman was present during the meeting to provide insight on the problems facing the…

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Texas Windstorm Insurance Association targeting by legislators

S.Vagus
Insurance news - Eleanor Kitzman Texas Insurance Commissioner

Insurance Commissioner addresses concerns regarding state-run insurance group Texas Insurance Commissioner Eleanor Kitzman has addressed concerns regarding the state of the Texas Windstorm Insurance Association (TWIA). The state-run insurance organization is often considered the last and best place for homeowners to obtain affordable coverage to protect their properties from wind damage. Like with other state-backed insurance groups, TWIA has been faced with problematic financial issues that have threatened its existence and continued viability. These financial problems have caught the attention of the state’s House Insurance Committee, which has issued a…

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