Federal lawsuit alleges Beryl damage estimates were secretly reduced; attorneys say thousands could be impacted
Read full article: Federal lawsuit alleges Beryl damage estimates were secretly reduced; attorneys say thousands could be impactedA proposed federal class-action lawsuit accuses the Texas Windstorm Insurance Association and several others of participating in a scheme to reduce Hurricane Beryl damage estimates before homeowners were paid. TWIA says its claims-adjusting policies comply with state and federal law.
Texas legislative bills take aim at potential relocation for state offices and agencies
Read full article: Texas legislative bills take aim at potential relocation for state offices and agenciesThere is a push in our backyard by State Senator Mayes Middleton to reconstruct how our state government looks and operates in the future. The approach is to not only save money for Texans, but also to make government more efficient in the Lone Star State.
Insurance rates could climb for some Texas coastal homeowners, businesses
Read full article: Insurance rates could climb for some Texas coastal homeowners, businessesHomeowners typically pay $2,300 a year for a Texas Windstorm Insurance Association policy. The rate increase would bump premiums by 10%.
Climate change, costly disasters sent Texas homeowner insurance rates skyrocketing this year
Read full article: Climate change, costly disasters sent Texas homeowner insurance rates skyrocketing this yearTexas rates have increased 22% on average so far in 2023, twice the national rate. More billion-dollar disasters have occurred in Texas this year than any other year on record.