Recent News About Twia
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AUSTIN - The Texas Windstorm Insurance Association's Actuarial & Underwriting Committee met on Jan. 11 and voted to recommend the TWIA Board establish $5.244 billion as the Association’s 1:100 probable maximum loss (PML) for the 2023 storm season, a press release states.
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AUSTIN - The Texas Windstorm Association is not a state agency subject to a government code prohibiting the use of appropriated funds for lobbying activities, Attorney General Ken Paxton recently opined.
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AUSTIN - The Texas Windstorm Insurance Association Board of Directors met Dec. 7 and declined to reverse the 5 percent rate increase on windstorm insurance policies scheduled to take effect on Jan. 1, a press release states.
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HOUSTON – Hurricane season isn’t quite here yet, but there may be a different kind of disaster to feed the appetites of storm chasing attorneys for the time being – COVID-19 business interruption claims.
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Insurance litigation firm Daly & Black is responsible for more than two thirds of the 300+ Hurricane Harvey lawsuits filed against the Texas Windstorm Insurance Association. That’s a lot of cases to litigate. Surely, it would be more efficient and less time-consuming to try them all at once.
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BEAUMONT – Earlier this month, Judge Baylor Wortham, 136th District Court, stayed six Hurricane Harvey lawsuits without having a hearing on the matter.
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Last year, Channel 2 Investigates published a video showing Rick Daly of insurance litigation firm Daly & Black touting his connection to Todd Hunter, the state representative who went to work as a lobbyist for the Texas Windstorm Insurance Association and then returned to the legislature as a TWIA nemesis.
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ANGLETON – A unanimous jury recently found in favor of the Texas Windstorm Association in a hailstorm lawsuit brought by a Brazoria County resident.
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BEAUMONT – District judges in Jefferson County recently agreed to stay several Hurricane Harvey lawsuits while the Daly & Black law firm seeks to move the cases to a multidistrict litigation court.
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AUSTIN - The Texas Windstorm Insurance Association Board of Directors voted not to increase rates for residential and commercial policies at their Aug. 6 quarterly meeting. TWIA will submit the 0 percent rate change filing with the Texas Department of Insurance by Aug. 15, as required by statute.
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AUSTIN - With the 86th Legislature in the books, a variety bills concerning the Texas Windstorm Insurance Association passed this session, including its “Sunset Bill.”
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Anyone who owns residential or commercial property along the Gulf Coast knows that hurricanes and other wind storms are a perpetual threat and likely has insurance to cover potential damages. The trick, though, is making sure coverage is comprehensive enough.
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GALVESTON - While the language in insurance policies can overwhelm even the savviest of consumers, a Galveston County jury was able to digest a week’s worth of testimony and conclude the extensive storm damage a company suffered was not actually covered by their providers.
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AUSTIN - The Supreme Court of Texas recently ruled in favor of the Texas Windstorm Insurance Association (TWIA) regarding attorney-client privilege, a decision that can benefit insurance companies involved in litigation, according to one attorney.
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BEAUMONT – The Texas Windstorm Association recently filed a plea to the jurisdiction in a Hurricane Harvey lawsuit, arguing appraisal is the only remedy for the plaintiff.
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You know the type: opportunists. They lick their fingers and stick them in the air to see which way the wind is blowing. If it’s blowing east, they go east. If west, they go west.
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HOUSTON – A video has recently surfaced of a Texas law firm boasting about involving a state representative in litigation against the Texas Windstorm Insurance Association.
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BEAUMONT – For the second time in two months, a district court has opted to keep a Hurricane Harvey lawsuit brought against the Texas Windstorm Insurance Association in his court.
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HOUSTON – On Oct. 4, the 14th Court of Appeals reversed and remanded a $9.6 million judgment for a school district that claimed its insurance company breached its contract amid restoration after Hurricane Ike and denied the parties' motions for rehearing.
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ANGLETON – A Brazoria County jury recently found the Texas Windstorm Insurance Association properly denied a hail claim brought by a man who waited more than 300 days to make the claim.
