Everyone has to pay windstorm insurance, if they have their homes mortgaged through a lender. This will effect the economic future cultural growth on the Coastal Bend Gulf Coast. And it is a fact, that it is “Republican-led.”
I spoke to an agent for area state representative, Republican-Todd Hunter, and he said, there is a proposed 20 percent rate increase, based on actuary sound; but it was more like a 19 percent rate increase.
Texas House, Republican-Larry Taylor of Friendswood sits on the insurance committee and helped draft the new Texas Windstorm Insurance Association Legislation. Also he made $300,000 from the sale of (TWIA) policies.
Texas Senator, Republican-John Smithee of Amarillo Chairs the “House Insurance Committee” and was the lead author of the new bill.
Texas Senator Rublican-Mike Jackson, is a key player in negotiating the new (TWIA) bill.
Under the Texas Public information Act Chap. 552 Tex.Gov.Code Senate Bill #3 Texas Windstorm Insurance Association, can be found at the Texas Attorney General’s office for anyone who wants to know more about the outrageous Texas Windstorm Insurance rate hike if Republican-Texas Governor, Rick Perry signs it into law!