Greedy Associates Boards   |  Threaded Discussion Forums   |  Newsletter
Greedy Texas Board
TEXLAW !
 

Home | Messages | Photos | Links | Contacts | Contact Administrators | FAQ | Newsletter |

Message 32448 of 32451 <- Previous | Next -> | View All | Reply | Post

TWIA Truth Faye Mclaughlin September 24, 2011 03:39 pm
This June, Rick Perry called a special session to reform the Texas Windstorm Insurance Association. What came of the law was nothing to help TWIA policyholders. Perry cut short negotiations and legislators adopted the worst possible law for property owners along the Texas coast. This law treats TWIA policy holders like second class citizens. The new law will probably result in higher costs to take a claim to court for TWIA policy holders than other insurance holders. The new law also strips consumer protections requiring windstorm insurers to investigate their claim in a timely manner. Perhaps the scariest part of the bill is the so-called expert panel, an unelected, unaccountable panel that is created to investigate all TWIA claims. We deserve the right to hold the people accountable who are creating new guidelines for the insurance that is supposed to cover our property. Lastly, the new law is retroactive, meaning it destroys current contracts. All in all, I couldnt have conceived a worse law for TWIA policy holders. You can find out more at www.twiatruth.com

   

Message 32448 of 32451 <- Previous | Next -> | View All | Reply | Post

Search:
   Go to: Oldest | Most Recent or msg #



Find Legal Jobs:

Message Board Terms of Use and Disclaimer
FindLaw
800 West California Avenue, 2nd Floor, Sunnyvale, CA 94086
Tel: (888) 257-9500;    Fax: (408) 524-4798;    Contact Us
Privacy policy  Site Contents © 1999-2006  Terms of service