TX Legislature in Review: Windstorm Insurance

The windstorm insurance bill fixed the symptoms without solving the underlying problems with TWIA. General revenue is no longer at risk, but coastal policy holders are still stuck with the most expensive windstorm insurance possible and taxpayers and policyholders statewide will still have to pick up the bill

That will especially be true if we get another big storm, since the legislation this session punted how to handle storms with over $2.5 billion of claims to a future Texas Legislature.

This post was first published by the Texas Public Policy Foundation.