Windstorm Bill Revived, Compromise Needs to be Reached by Monday
Corpus Christi Caller Times—May 29th, 2009
As time was running out, Senate Bill 14, the Texas Windstorm Insurance Association (TWIA) bill, was added on as an amendment to a House bill by the Senate on early Thursday morning. As such, “Texas lawmakers have until Monday to iron out a windstorm insurance compromise before the end of legislative session… Without addressing windstorm coverage, lawmakers say the state is left vulnerable to potentially billions in hurricane recovery costs, with no funding mechanism.” If no compromise is reached, Governor Perry has hinted that he might have to call a special session to deal with this issue.
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