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.
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.
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.
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.
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.
BEAUMONT – Earlier this month, Judge Baylor Wortham, 136th District Court, stayed six Hurricane Harvey lawsuits without having a hearing on the matter.
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.
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.
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.
AUSTIN - With the 86th Legislature in the books, a variety bills concerning the Texas Windstorm Insurance Association passed this session, including its “Sunset Bill.”
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.
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.
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.
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.
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.
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.
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.
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.
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.
