TWIA

State Rep. Larry Taylor (R-Friendswood) made national news late last month when he released a report stating that since Hurricane Ike struck the Texas Gulf Coast more than four years ago, the Texas Windstorm Insurance Association (TWIA) has paid out more than $1.2 billion dollars on individually litigated claims related to the disaster.

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When Hurricane Ike devastated a large section of the upper Texas Gulf Coast, it exposed not only the vulnerability of man-made structures to nature’s fury but the inadequacy of the measures put in place to deal with the resulting financial ruin.

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